KSE-100: stocks extend gains, index climbs by 206 points
July 17, 2021
Bulls took control at the Pakistan Stock exchange (PSX) on Friday to end the week on a positive note as uncertainty around Capital Gain Tax (CGT) submission ended, lifting investors’ sentiments.
On Thursday the benchmark kse-100 index had climbed past 47,800 level after posting about 206 points gain by the closing bell.
The trading kicked off on an optimistic note right after the opening bell as the index climbed steadily for most part of the day and touched intraday high of 47,892.20.
Investors continue to cheer up Eurobond proceeds of $1 billion, which also propped up the State Bank of Pakistan’s (SBP) foreign currency reserves to four-and-a-half-year high, which was also a major positive macroeconomic indicator.
Market watch: Bullish spell continues at PSX 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.
Index clocks at 47,480 level, volume recorded at 102 million shares
July 14, 2021
Market participation continued to dwindle at KSE-100 index in a range bound session on Tuesday, as looming deadline to submit Capital Gain Tax (CGT) kept investors away from the bourse.
On Tuesday, the index clocked at 47,480 level after posting a meagre 33.41 point gain by the closing bell. The index accelerated to an intraday high of 47,585.18 points and slid to an intraday low of 47,439.89 points, moving within a range of 145.29 points and closing the session in consolidation.
Earlier, trading began on a positive note and the index inched closer to the 47,600-point mark in early hours, however, investors took this as an opportunity to book profit, which interrupted the ascent and dragged the market down.
Market watch: Upbeat economic data fails to lift stocks 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.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Juniper Systems Limited Launches CT8X2 Rugged Tablet
Juniper Systems LimitedJuly 13, 2021 GMT
BIRMINGHAM, United Kingdom, July 12, 2021 (GLOBE NEWSWIRE) Juniper Systems Limited, a manufacturer of rugged handheld computers and GNSS receivers, today announced the launch of its new Cedar™ CT8X2 Rugged Tablet, running on the Android™ 10 operating system. Increased processing power, RAM, and storage are featured, while it retains the same ruggedness and powerful GNSS functionality of its predecessor, the CT8 Rugged Tablet.
Now available throughout Europe, the Middle East, Africa (EMEA), and India, the CT8X2 Rugged Tablet is powered by an octa-core Qualcomm® Snapdragon™ CPU, which delivers a quick and responsive user experience, even when running demanding applications.