Taurus Securities Limited - Market Roundup (07 Aug 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

Brokerage

Taurus Securities Limited – Market Roundup (07 Aug 2023)

August 7, 2023

Karachi, August 07, 2023 (PPI-OT): KSE-100 lost 25 points yesterday, to close at 48,586 with 331Mn shares being traded. Top performance as per price change was witnessed in CNERGY, PABC and HGFA. Top decliners GADT, JDWS and KOHC. Activity was mainly concentrated in Refinery, E and Ps and Technology.