Taurus Securities Limited - Market Roundup (28-07-2021)

FLASHNEWS:

Saudi Delegation’s Visit to Boost Pakistan’s Economy and Attract More Foreign Investment

VIS Maintains Ratings of Shahbaz Garments at ‘A-/A-2’ with Stable Outlook

Dawlance and UNIDO Launch Safety Training for R-32 Refrigerant in Pakistan

TikTok Introduces First-Ever Ad Awards for METAP Region, Calls for Creative Campaign Entries

Fluctuations in Currency Rates Observed in Pakistan’s Forex Market

Pakistan Market: KSE-100 Index to Consolidate Amid Volatile Trading

PSX Market Sees Minor Changes Amid Regional Declines; Fuel Prices Climb Locally

Pakistan Banks Anticipate Dividends to Remain Stable Despite Decline in Profits

FBR Extends Deadline for March Sales Tax and Federal Excise Returns

New Railway from Thar to Port Qasim to Boost Pakistan’s Coal Transport

Pakistan to Raise PKR 2.47 Trillion in T-Bills in Bid to Strengthen Fiscal Position

CDA Launches Emergency Helpline for Rainfall Issues in Islamabad

Fertilizer Companies in Pakistan Forecast to See Profit Gains in First Quarter Despite Pricing Hurdles

Karachi Stock Exchange Closes Up 230 Points Driven by Late Gains in Energy Stocks

Brokerage

Taurus Securities Limited – Market Roundup (28-07-2021)

July 28, 2021

Karachi, July 28, 2021 (PPI-OT): KSE-100 gained 14 points yesterday, to close at 47,687 with 432Mn shares being traded. Top performance as per price change was witnessed in KTML, GATM and FABL. Top decliners IBFL, NRL and DAWH. Activity was mainly concentrated In Technology, Refinery and Foods.