Stocks rise after SBP dispels rate hike rumours - Newspaper
SBP says the next meeting of the Monetary Policy Committee is slated for Sep 14.
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SBP says the next meeting of the Monetary Policy Committee is slated for Sep 14.
PSX gains 518 point to close at 41,862 points
A total of 154,030,533 shares were traded during the day
Stocks weaken as economic worries weigh July 7, 2021 Stocks weakened on Tuesday on economic worries, while a notice for collection of capital gains tax (CGT) for 11MFY21 period also dampened the sentiment, dealers said. The benchmark KSE-100 Share Index shed 82.96 points or 0.17 percent to close at 47,346.16 points, while it hit a day high of 47,662.68 points and a low of 47,244.93 points. Ahsan Mehanti, senior analyst at Arif Habib Corp said pressure remained at PSX amid economic uncertainty amid surging trade deficit and government debt. Political noise, regional security uncertainty and ...