Taurus Securities Limited - Market Roundup (10 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 (10 August 2023)

August 10, 2023

Karachi, August 10, 2023 (PPI-OT): KSE-100 up 798 points yesterday, to close at 48,228 with 311Mn shares being traded. Top performance as per price change was witnessed in PSX, DAWH and AICL. Top decliners RMPL, MARI and PSEL. Activity was mainly concentrated in E and Ps, Power and Banks.