KARACHI: Indus Motor Company Limited, one of the top auto manufacturers in Pakistan, on Wednesday reported a 62 percent drop in its nine-month net profit, owing to a decrease in its sales and an.
Business
January 6, 2021
The stock market on Tuesday ended flat following a choppy session, as institutions sold their holdings to book profits and seasoned investors anxiously waited for cabinet approval on construction sector and government nod on energy bonds, dealers said.
Topline Securities in a note said the benchmark KSE-100 shares index witnessed a choppy session as it touched an intra-day high of 44,830 (up 0.32 percent) and an intra-day low of 44,458 (down 0.51 percent) to eventually close flat at 44,650 (down 0.08 percent).
Kot Addu Power Company Limited (Kapco) remained in the limelight, owing to the partial payment pertaining to the circular debt, with its stock closing at the upper circuit.