After a healthy start this year, stocks dropped on Friday, Jan. 6, as investors took profits at the local stock market after US bourses dropped due to renewed concern over interest rate hikes.
The main index fell 93.36 points or 1.38 percent to close at 6,667.97 with the Industrial counter leading
The local stock market continued to trek higher after the announcement of a favorable inflation rate for December.
The main index rose 42.83 points or 0.64 percent to close at 6,761.33 as Banks led the advance while the Services and Mining counters declined. Volume improved slightly to 1.85 billio
Local share prices surged to the 6,700 level on the second day, Jan. 4, of trading in 2023 as more investors returned to the market from the holidays.
The main index jumped 132.49 points or 2.01 percent to close at 6,718.59 as the Mining and Services sectors led the rally across the board. Volume
The local stock market is off to a good start as investors begin the 2023 with renewed optimism.
The main index rose 19.62 points or 0.30 percent to close at 6,586.01 as the Mining and Oil sector led the advance while Banks and Property firms lagged behind. Volume remained thin at 2.06 billion sha
Share prices declined before the long Christmas weekend as US markets weakened on continued worries over rates and recession.
The main index shed 35.91 points or 0.55 percent to close at 6,541.03 Friday, Dec. 23, as Conglomerates led the retreat while the Industrial and Services sectors managed to