- 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