Stocks falter after six-session winning streak - Newspaper
KSE-100 index closes at 57,063.16 points after losing 333.87 points from the preceding session.
Source: dawn.com
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KSE-100 index closes at 57,063.16 points after losing 333.87 points from the preceding session.
High remittances amid policy rate cut hopes fuel rally.
The drop in yields indicates the market expects a cut in the policy rate going forward, Topline Securities said.
Topline Securities CEO says the bourse witnessed a two-year high of daily business as the value traded clocked up at $70m.
Investors chose to book profits, dragging the KSE-100 index down to negative territory.