Taurus Securities Limited - Market Roundup (06 Sep 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 (06 Sep 2023)

September 6, 2023

Karachi, September 06, 2023 (PPI-OT): KSE-100 lost 216-point yesterday, to close at 45,491 with 121Mn shares being traded. Top performance as per price change was witnessed in GADT, MUREB and MLCF. Top decliners YOUW, PGLC and BAHL. Activity was mainly concentrated in Technology, Cements and Refinery.