Search This Blog
Saturday, May 30, 2020
Week 22-2020 Closing Notes
Note: There is no week 22-2020 mid update due to Eid Holidays.
We reiterate our stance in the previous update (link-1) with the same analysis remaining valid for the current and week 23-2020 ahead.
Intraday market capitalization hints towards profit-booking while the weekly average shows negligible erosion. Due to holidays, the data is skewed.
at May 30, 2020
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 +/- ...