Stocks on Tuesday ended hardly changed in tight trade as late profit-taking overruled early gains a day before budget month, traders said.KSE-100 Shares Index, the main gauge of Pakistan Stock.
Stocks flatlined on Tuesday as media reported the premier, in a televised address to the nation, might announce some un-populist decisions his government has been forced to take to avert a looming.
PSX plateau persists on virus, regional risks
July 15, 2021
Stocks continued to crawl along the flatline on Wednesday as smart Covid lockdowns and geopolitical risks muted earningsâ excitement, traders said.
Pakistan Stock Exchange s (PSX) KSE-100 Share Index gained just 10.97 points or 0.02 percent to close at 47,491.47 points, touching an intraday high of 47,595.72 points and a low of 47,443.88 points.
Muhammad Arbash, analyst at Topline Securities, said, investor interest was witnessed in textile sector, where NML, NCL, GATM, and GADT emerged as major gainers; however, on the flip side TRG dented the index most (32 points).
Analysts said even earnings could not trigger the session.
Stocks gain as earnings rally resumes
Business
January 30, 2021
Stocks ended higher as the result rally resumed on Friday mostly driven by technology, cement, and banks, amid rebounding word oil and equities, dealers said on Friday.
Pakistan Stock Exchange s (PSX) benchmark KSE-100 shares index lost gained 0.48 percent or 219.49 points to close at 46,385.54 points. Volumes were flat at 840.296 million shares, compared with 844.002 million on Thursday. KSE-30 also inched up 0.31 percent or 59.74 points to end at 19,318.85 points.
Topline Securities in its daily market review said the stocks ended on a positive note on the last trading day of the week. Major contribution to the index came from TRG, DGKC, DAWH, INIL, and PAKT, as they cumulatively contributed 157 points to the index, the brokerage said.