Stocks sluggish as investors stick to sidelines
Stocks sluggish as investors stick to sidelines July 16, 2021 Stocks on Thursday started with a sideways drift but later made some gains that were capped by late profit-booking ahead of eid holidays, traders said. Pakistan Stock Exchange's (PSX) benchmark KSE-100 Shares Index could only manage to gain 136.79 points or 0.29 percent to close at 47,628.26 points, while it tested a day high of 47,736.13 points and a low of 47,388.55 points. Zafar Moti, former director PSX, said the market kept going up and down during the session. “The market remained directionless ahead of last working day o...