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Wednesday, June 17, 2020
Our Take on Crude Oil (Platts Dubai AUG-2020)
Plenty of upside space with supporting technical indicators and a similar forecast also made by BP. The overall momentum is an uptrend and technical indicators demonstrate $40 (EMA21W) as interim resistance. A break sustained above this level may trigger a bullish momentum.
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 +/- ...