Stocks stay flat on weak economic outlook - Newspaper dawn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dawn.com Daily Mail and Mail on Sunday newspapers.
Stocks lackluster as late exits reverse early gains
Business
April 1, 2021
Stocks on Wednesday kicked off with a good gap-up, aiming high, but late exits rolled back early gains as the third Covid wave continues to build up in the country, dealers said.
A Topline Securities commentary said equities closed slightly positive and benchmark KSE-100 Shares Index gained 0.22 percent or 96.82 points to close at 44,587 points.
Day-on-day, total traded volume increased 31 percent to 443 million shares and value 25 percent to Rs25.91 billion.
Pakistan raised $2.5 billion through bond deal on Tuesday which led the market to open with a gap-up with the index make an intraday high of 642 points, the brokerage said.
Stocks lackluster as late exits reverse early gains thenews.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenews.com.pk Daily Mail and Mail on Sunday newspapers.