Midday Report: an unstoppable torrent of buoyancies

August 21, 2019 (MLN): The KSE-100 index has added further 237 points to its stash during initial hours of today’s trade, and is currently trading at 30,656 points.

The local investors seem to have gathered hope from the much warranted meeting that took place yesterday between members of Securities and Exchange Commission of Pakistan (SECP) and Pakistan Stock Exchange (PSX).

Moreover, US President Donald Trump’s offer to resolve tensions between Pakistan and India has also contributed significantly in curtailing worries and fears emanating from cross-border tensions.

So far, Commercial Banks, Power Generation & Distribution and Fertilizer sectors have emerged as the major performance drivers.

Copyright Mettis Link News

Posted on: 2019-08-21T12:23:00+05:00

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