Stocks extend losses as investors play safe
Business
April 29, 2021
Stocks gave up more gains on Wednesday with energy and financials becoming investorsâ whipping boys as the pandemic shows no letup, dealers said.
Pakistan Stock Exchangeâs (PSX) KSE-100 Shares Index lost 0.52 percent or 233.75 points to close at 45,059.12 points, while trade volumes receded to 305.7 million shares from 366.8 million on Tuesday.
Topline Securities in a note said earlier the kick off was on a positive note where the market made an intraday high of 296 points.
However, the bourse didnât sustain the positivity and lost 272 points in te second half after ECC (Economic Coordination Committee) of the cabinet deferred the summary till next meeting on 40 percent payments to IPPs (Independent power producers), it said.
PUTRAJAYA: Datuk Seri Najib Razak was not a director or shadow director in SRC International Sdn Bhd to be found guilty of misappropriating RM42mil of the company’s funds, the Court of Appeal was told.
DeSantis extends Florida s state of emergency again
Wilfredo Lee/AP
Wearing a mask to prevent the spread of COVID-19, Florida Gov. Ron DeSantis looks on during a news conference, Tuesday, Feb. 23, 2021, at a Navarro Discount Pharmacy in Hialeah, Fla. DeSantis announced that seniors will soon be able to receive COVID-19 vaccinations at Navarro Discount Pharmacies and CVS y mas pharmacies in Miami-Dade County. (AP Photo/Wilfredo Lee)
Posted at 12:24 PM, Apr 27, 2021
and last updated 2021-04-27 12:39:31-04
TALLAHASSEE, Fla. (WTXL) â Governor Ron DeSantis issued Executive Order 21-94, which extends Florida s State of Emergency for 60 days.
The announcement came a day after Executive Order 20-114 expired and said the state should prepare to resume normal operations.