Taurus Securities Limited market overview
(Pakistan Business News Via Acquire Media NewsEdge) During last week, the market closed at all time high level as result season got underway with decent earnings growth along with payouts.
According to Taurus Securities Limited, KSE-100 index gained around 200 points during the week to close at 17,266. The average volume during the week went up by 8% to 216mn shares, while the average value traded is down by 4%. Investors maintained their interest in 2nd and 3rd-tier stocks like TELE, JSCL, MLCF, and FCCL. The sectors that kept the investors focus was Construction & Materials, Fixed Line Telecom, Commercial banks and Financial Services.
Taurus Securities Limited recommends investors to Sell.
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