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markert expects upside from current levels towards 79k.

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  • Post category:PSX
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  • Gains off 78k rose to 78.7k before coming off in the 2nd half of the session.
  • 55 stocks rose while 43 fell, with FFC PA (+2.99%), POL PA (+1.98%), and MCB PA (+1.49%) the biggest contributors to index gains.
  • LUCK PA (-2.34%), OGDC PA (-1.19%) and MTL PA (-1.69%) were the largest index drags.
  • Key movers on the day were CPHL PA (+5.74%), PTC PA (+10.0%) and AIRLINK PA (+4.01%).
  • FEROZ PA (+10.0%) reported that its subsidiary, BF Biosciences Limited, has successfully launched human insulin under the brand name “Ferulin”.
  • Heading into the last session of the week, the KSE-100 is currently -0.56% WoW, and we continue to expect an upside from current levels towards 79k.

Courtesy – Arif Habib Ltd Sales

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