Taurus Securities Limited - Market Roundup (21 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

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Taurus Securities Limited – Market Roundup (21 Aug 2023)

August 21, 2023

Karachi, August 21, 2023 (PPI-OT): KSE-100 gained 179 points yesterday, to close at 48,326 with 227Mn shares being traded. Top performance as per price change was witnessed in KTML, THALL and ATRL. Top decliners ENGRO, MUREB and MCB. Activity was mainly concentrated in Banks, Autos and Power.