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Lacklustre trading activity, foreign selling kept index in check

Daily Times Index clocked in at 47,793 level, foreign investors were net sellers of $21 million July 25, 2021 Investors struggled to find a catalyst to set a direction at Pakistan Stock Exchange (PSX) in the shortened (two-session) outgoing week, as risk-shy investors remained away from the index, owing to the rising Afghan crisis, resurgence of Covid-19 and foreign selling pressure. The PSX benchmark KSE-100 index exhibited a range bound session as it clocked at 47, 703 level inching down from 47,834 points- previous weeks closing, after trading between the weekly high of 48,004.54 points and a low of 47,691.33 points, respectively. Investor sentiment remained lukewarm primarily due to a shortened trading week due to Eid holidays. Moreover, the departure of US forces from Afghanistan has placed the region in a tight spot, as Afghan Taliban has been staking claim over 90 pc of the country, risking a fallout in the neighbouring countries-with Pakistan facing a major security cr

KSE-100: Stocks close flat ahead of Eid holidays

KSE-100: Stocks close flat ahead of Eid holidays Foreign investors were net sellers of $8.07mn July 20, 2021 Market participation remained lacklustre at the KSE-100 index on Monday as lack of triggers and Eid holiday-week kept investors away from the bourse. On Monday the benchmark KSE-100 index clocked at 47,873 level after posting a mere 38.93 points gain. The index touched an intraday high of 48,004.54 and a low of 47,751.72 as it traded in a range of 252.82 points or 0.53 percent of previous close. Trading kicked off on an optimistic note but witnessed volatility as intra-day correction and discounted share prices attracted selective buying after midday.

Kse-100: MSCI downgrade fears, roll-over adjustments weigh; index plunges 359 points

Kse-100: MSCI downgrade fears, roll-over adjustments weigh; index plunges 359 points
dailytimes.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailytimes.com.pk Daily Mail and Mail on Sunday newspapers.

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