Whenever there is any news regarding privatization, suddenly there is always someone who starts a comparison of State Owned Entities with the family silver. A previous asset that if sold to the.
Inability of the government to take tough decisions to reduce costs in many SOEs continues to destroy whatever little value is left within these SOEs, writes Ammar Habib Khan
Daily Times Index clocked in at 47,793 level, foreign investors were net sellers of $21 million
July 25, 2021
Investors struggled to find a catalyst to set a direction at Pakistan Stock Exchange (PSX) in the shortened (two-session) outgoing week, as risk-shy investors remained away from the index, owing to the rising Afghan crisis, resurgence of Covid-19 and foreign selling pressure.
The PSX benchmark KSE-100 index exhibited a range bound session as it clocked at 47, 703 level inching down from 47,834 points- previous weeks closing, after trading between the weekly high of 48,004.54 points and a low of 47,691.33 points, respectively.
Investor sentiment remained lukewarm primarily due to a shortened trading week due to Eid holidays. Moreover, the departure of US forces from Afghanistan has placed the region in a tight spot, as Afghan Taliban has been staking claim over 90 pc of the country, risking a fallout in the neighbouring countries-with Pakistan facing a major security cr
KSE-100 index drops 80 points amid Covid fears, lacklustre investor participation dailytimes.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailytimes.com.pk Daily Mail and Mail on Sunday newspapers.
KSE-100: Stocks close flat ahead of Eid holidays Foreign investors were net sellers of $8.07mn
July 20, 2021
Market participation remained lacklustre at the KSE-100 index on Monday as lack of triggers and Eid holiday-week kept investors away from the bourse.
On Monday the benchmark KSE-100 index clocked at 47,873 level after posting a mere 38.93 points gain. The index touched an intraday high of 48,004.54 and a low of 47,751.72 as it traded in a range of 252.82 points or 0.53 percent of previous close.
Trading kicked off on an optimistic note but witnessed volatility as intra-day correction and discounted share prices attracted selective buying after midday.