Taurus Securities Limited - Market Roundup (03 August 2023)

FLASHNEWS:

Pakistan Carpet Industry Seeks Tax Refunds and Government Support

Budget Criticized for Lack of Export Strategy and Growth Initiatives

KATI President Calls for Enhanced Federal Funding for Karachi’s Development

New Provincial Grants Support Federal Budget FY27 Amid Fiscal Deficit Concerns

Pakistan Unveils FY27 Federal Budget with Focus on Relief and Revenue Mobilization

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Taurus Securities Limited – Market Roundup (03 August 2023)

August 3, 2023

Karachi, August 03, 2023 (PPI-OT): KSE-100 up 534 points yesterday, to close at 48,765 with 555Mn shares being traded. Top performance as per price change was witnessed in CENRGY, OGDC and HBL. Top decliners GADT, KEL and MUGHAL. Activity was mainly concentrated in Refinery, Banks and Technology.