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Wednesday, January 22, 2020
Week 04-2020 Mid Week Update
Market has remained in bear grip with daily closing continue to fall and below its intraday open. Index continue to make higher low on the top side and lower low on the bottom side.
DoD basis, market cap has been falling steadily ever since current week opening. Looking forward to the rollover week ahead we expect profit taking to continue and market to remain in consolidation state. This will be opportunity for patient investor to accumulate the dip.
One of the worst post-COVID19 performances of the markets with obliteration of -2,049.27 points or -4.47%. The free fall breached all sup...
KSE100 closed a second consecutive week in red, making a weekly loss of - 1220.68 points or -2.68% . Our important benchmark of 45500 +/- ...