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PSX expected to remain upbeat this week

PSX expected to remain upbeat this week
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Growth expectations may keep PSX green in result season


Daily Times
July 5, 2021
The Pakistan Stock Exchange (PSX) is likely to remain volatile this week due to the results season and expectations of growth in various sectors may keep the market in the green zone.
According to analysts, having witnessed a flattish last week, the stocks are expected to perform well in the fiscal year 2021-22 on account of robust earnings growth forecast for cement, steel and allied sectors, amid strong cyclical demand driven by the historic high Public Sector Development Plan (PSDP) allocations and the focus on Naya Pakistan Housing Scheme.
An analyst at Arif Habib Limited said: “The stocks should perform on the expectation of an auto and refinery policies, downwards sticky oil prices supporting the exploration and production (E&P) sector, and commencement of the monetary tightening, which should once again garner interest in commercial banks.” ....

Asia Pac , Pakistan Stock Exchange , National Accountability Bureau , Power Division , Public Sector Development Plan , Arif Habib , Naya Pakistan Housing , Arif Habib Limited , Pearl Securities , Federal Board , ஆசியா ப்யாக் , பாக்கிஸ்தான் ஸ்டாக் பரிமாற்றம் , தேசிய பொறுப்பு பணியகம் , பவர் பிரிவு , பொது துறை வளர்ச்சி திட்டம் , ஆரிப் ஹபீப் , நயா பாக்கிஸ்தான் வீட்டுவசதி , ஆரிப் ஹபீப் வரையறுக்கப்பட்டவை , முத்து பத்திரங்கள் , கூட்டாட்சியின் பலகை ,