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Stocks fall into correction led by institutions


Stocks fall into correction led by institutions
Business
February 9, 2021
The capital market on Monday recorded selling pressure with institutions choosing to book their profits in overbought heavy weights amid market adjustment and resistance at 47,000 points level, dealers said.
Pakistan Stock Exchange (PSX) benchmark KSE-100 shares index lost 0.39 percent or 183.92 points to close at 46,721.87 points level. Volumes decreased 428.626 million shares, from 440.278 million shares traded on Thursday. KSE-30 shares index also dipped 0.39 percent or 76.14 points to end at 19,499.85 points level.
Salman Ahmad, head of institutional sales at Aba Ali Habib, said, “Market has been under pressure since the index breached the 47,000 points level; need some time to pull out from the selling pressure as adjustments failed to keep the pace.” ....

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Greens Royal Commission privacy bill to be debated


The Australian Greens MPs
Tuesday 9th February
The Senate will next week debate legislation introduced by the Australian Greens last year aimed at fixing the lack of confidentiality protections for witnesses giving evidence to the Disability Royal Commission, ensuring that disabled people are able to tell their stories safely.
Senator Steele-John promised last year that if the Attorney General did not take action urgently to protect witnesses and give the Royal Commission the safeguards it needs, then the Greens would introduce the necessary legislation and bring it on for debate.
“The Attorney General has known about the need for these confidentiality protections for more than a year, yet he’s done almost nothing about it. We’re still yet to see a government bill put beofre either house of Parliament,” Steele-John said. ....

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Interesting…. A Number of Democrats Team Up With Senate Republicans to Stymie Efforts


John Binder of Breitbart News
that “All 50 Senate Republicans supported the amendment, as well as eight swing state Senate Democrats. Those Democrats include Sens. Krysten Sinema (D-AZ), Mark Kelly (D-AZ), Debbie Stabenow (D-MI), Gary Peters (D-MI), John Hickenlooper (D-CO), Maggie Hassan (D-NH), Jon Tester (D-MT), and Joe Manchin (D-WV).”
“The Biden administration shouldn’t reward illegal immigrants for breaking our laws by giving them checks,” Cotton declared in a statement. “Instead of courting foreigners with U.S. taxpayer funds, President Biden should use that money to aid American schools, businesses, and families.”
This vote is rather instructive of how wary Democrats in relatively competitive states are of voting for unpopular pro-illegal alien policies. The 2022 and 2024 election cycles will have many of these Senators up for election. ....

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'Exception' to 4th Amendment may allow for searches of your home WITHOUT warrant


Exception’ to 4th Amendment may allow for searches of your home WITHOUT warrant
The Supreme Court announced recently plans to hear arguments on a case regarding the 4th Amendment next month. The 4th Amendment which requires police or government officials to obtain a warrant from a judge before entering and searching a home actually has a few exceptions to it, including the community caretaking exception. The exception first originated due to police searching an abandoned car, but its powers may soon be expanded. Glenn explains what this exception means, and how, depending on what SCOTUS decides, it soon could also apply to your HOME as well. ....

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