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Household Chemicals Market is set to Fly High Growth in Years to Come
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Household Chemicals Market is set to Fly High Growth in Years to Come
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PSX flat ahead of monetary policy huddle
July 28, 2021
Stocks were muted on Tuesday amid shifting risk appetite as noncommittal investors booked profits ahead of the central bankâs monetary policy meeting later in the evening, traders said.
Pakistan Stock Exchange s (PSX) benchmark KSE-100 Share Index closed just 14.31 points or 0.03 percent higher at 47,686.99, touching a day high of 47,910.12 points and 47,631.56 points.
Ahsan Mehanti, an analyst at Arif Habib Corp, said, stocks showed recovery amid thin trade on speculations ahead of SBP policy announcement today.
Mid-session pressure seen owing to falling Asian equities and concerns over reports of Rs473 billion GIDC (gas infrastructure development cess) recoverable from industrials.
Stocks open rollover week in red
July 27, 2021
Stocks were off to a strong start on Monday led by select names, but were later pulled down by others as rollover week has kicked in amid economic jitters, traders said.
Pakistan Stock Exchange s (PSX) benchmark KSE-100 Shares Index shed 120.39 points or 0.25 percent to close at 47,672.68 points, testing a day high of 47,930.85 points and a low of 47,608.79 points.
Zafar Moti, former director PSX, said the market exuded optimism in the day as the opening was good because of PTI’s winning the Kashmir election. However, he said, traders thought a billion shares would be traded in this session as it had happened right after Ramazan/Eid-ul-Fitr holidays but the momentum fizzled with selling orders coming in the end.
INDIA New England News
New Delhi–India is among the top 10 countries in pharma and healthcare sector with exponential growth recorded in the last five years, according to a report by Sagacious IP, a global IP research and consulting firm.
The report stated that patents with Indian publication having Indian priority grew from 2,548 in 2015 to 7,399 in 2020.
Such numbers are indicative of increased patent filing activity by Indian companies and MNCs with research centres based in India. The pharma and healthcare sector has also seen massive growth in global patent filings in the last five years, from over 24,000 in 2015 to over 1,50,000 in 2020.
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