Stocks closed higher on Wednesday, boosted by a pre-election rally and hopes of an upgrade in the country’s credit rating, but trading volumes remained thin as investors stayed cautious ahead.
KARACHI: The stock market is expected to trade in a narrow range next week, as investors will be cautious ahead of the general elections on Feb. 8 and a shortened trading week due to public.
KARACHI: The stock market is likely to extend gains next week as investors anticipate strong corporate results, after a week of mixed trading amid doubts over the government’s plan to tackle.
Stocks closed lower on Thursday, snapping a three-day winning streak, as investors booked profits in the energy sector amid uncertainty over the government’s plan to reduce circular debt,.
Stocks closed higher on Wednesday, led by the oil sector, as investors expected the Special Investment Facilitation Council to address economic and circular debt issues, dealers said.The Pakistan.