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Earnings to drive stocks in bumpy trade Business February 21, 2021 Stocks are expected to rise from the ashes of last week’s burnout as investors are seen placing faith in corporations to declare openhanded earnings in the coming days, dealers said. The benchmark KSE-100 shares index gained 0.91 percent or 419.29 points for the week ended February 19, 2019 to close at 46,227.65 points. KSE-30 shares index gained 0.66 percent or 126.14 points to end the week at 19,230.64 points. “The index performed mainly on the positivity on the economic and large-scale manufacturing side where we have noticed significant rise in textile and food exports, surging 8.0 percent and 2.5 percent, respectively in 7MFY21, compared to 7MFY20,” said Muhammad Saeed Khalid, head of Research at Shajar Capital.

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