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KSE-100: stocks stage recovery as index climbs by 136 points

KSE-100: stocks stage recovery as index climbs by 136 points Index clocks at 47,628 level; volume recorded at 191.69 million shares July 16, 2021 Market participation by retail investors ended their dry spell on Thursday which lifted benchmark kse-100 index to climb past 47,600 level after posting about 136 points gain by the closing bell. On Thursday, 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 47,736.13. However, the market came under selling pressure in final hours, which pared some of the gains. Market sentiments were primarily driven by the rumors of Oil discovery in Waziristan, which directed major capital to index heavyweight Oil & Gas Development Company Limited (OGDCL), said Irfan Saeed, Senior Vice President BMA Capital Management Limited.

Global Specialty Chemicals Markets Outlook and Forecast 2021-2026: Focus on Rheology Modifier, Specialty, Demulsifier, Adhesives and Sealants, Pigments, Water-Soluble Polymers, Coatings

Global Specialty Chemicals Markets Outlook and Forecast 2021-2026: Focus on Rheology Modifier, Specialty, Demulsifier, Adhesives and Sealants, Pigments, Water-Soluble Polymers, Coatings
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KSE-100: CGT uncertainty continues to take toll on investors sentiments; Index inches up in a range bound session

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.

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.

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