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KSE-100: Directionless trade weighs on stocks; index dips 116 points

KSE-100: Directionless trade weighs on stocks; index dips 116 points Market capital decreases by Rs 21bn July 13, 2021 Directionlessness played on the market sentiments on Monday, as the KSE-100 index kicked off the first trading session of the week on a bearish note, with contracting market volumes. The index clocked at 47,447 level after posting 116 points loss, as it traded in a range of 306.76 points or 0.64 percent of previous close, showing an intraday high of 47,715.28 and a low of 47,408.52. The market witnessed choppy behavior, owing to a surge in Covid positivity ratio as it crossed 3.9% which risks a fresh round of lockdown being imposed by the government. Moreover,rising uncertainty in the Afghanistan region where the Taliban claim to control 85% of the territory which also took a toll on investors’ sentiment.

Market watch: PSX begins week on negative note

Market watch: PSX begins week on negative note
tribune.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tribune.com.pk Daily Mail and Mail on Sunday newspapers.

MSCI proposes downgrading PSX to Frontier Markets Index

MSCI proposes downgrading PSX to Frontier Markets Index
tribune.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tribune.com.pk Daily Mail and Mail on Sunday newspapers.

MSCI proposes to downgrade Pakistan s stock market

MSCI proposes to downgrade Pakistan s stock market
tribune.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tribune.com.pk Daily Mail and Mail on Sunday newspapers.

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