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kSE-100: Stocks stage sharp recovery, index powers past 48,000 level for 1st time in 2 weeks
Index gains 805 points; Mutual Funds were net buyers of whopping $12.69 million
July 9, 2021
Stocks staged sharp recovery at Pakistan Stock Exchange (PSX) on Thursday, breaking a four-day losing streak, as bullish momentum triggered a fresh buying spell.
The benchmark KSE-100 index tracking a strong turnaround, gained 805 points, and crossed the 48,000 mark for the first time in 2-weeks.
On Thursday, the market participants breathed a sigh of relief after NCCPL agreed to include June 2021 in CGT calculation, which would reduce payables as a lot of investors have booked losses in June to net off gains. ....

Hub Power Company , Insurance Companies , Kohat Cement Company , Azgard Nine , Pakistan Stock Exchange , Vanaspati Allied Industries , Worldcall Telecom , Leasing Companies , National Clearing Company Of Pakistan , Technology Communication , Mother Organization , Worldcall Telecom Limited , National Clearing Company , Mutual Funds , Commercial Banks , Power Generation , Lucky Cement , Hub Power Company Limited , Systems Limited , Allied Industries , Kohat Cement Company Limited , Abott Laboratories , Azgard Nine Limited , Allied Bank Limited , மையம் பவர் நிறுவனம் , காப்பீடு நிறுவனங்கள் ,