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KSE-100: Karachi lockdown dents investors' sentiments; index slumps 257 points


Index, which opened on positive note, was gutted by news of the lockdown
July 31, 2021
Fresh rounds of Covid lockdown imposed in Pakistan’s business centre, Karachi, sent shockwaves among investors on Friday as the benchmark KSE-100 index lost 257 points by the closing bell and clocked at 47,055 level.
On Friday the index opened on a positive note and showed strength as investors looked for direction, however, following the news of lockdown, the investors panicked and booked profit.
The Sindh government on Friday decided to impose a lockdown in the province from today (Saturday) till August 8 amid rising Covid-19 cases.
The decision was taken during a provincial coronavirus task force meeting presided over by Sindh Chief Minister Murad Ali Shah. ....

Murad Ali Shah , Byco Petroleum , Worldcall Telecom , Sindh Chief Minister Murad Ali , Telecom Limited , Commercial Banks , Textile Composite , Investment Banks , முராத் அலி ஷா , பயகா பெட்ரோலியம் , சிந்த் தலைமை அமைச்சர் முராத் அலி , தொலை தொடர்பு வரையறுக்கப்பட்டவை , வணிகரீதியானது வங்கிகள் , ஜவுளி கலப்பு , முதலீடு வங்கிகள் ,