Taurus Securities Limited - Market Roundup (27 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 (27 Sep 2023)

September 27, 2023

Karachi, September 27, 2023 (PPI-OT): KSE-100 lost 116-point yesterday, to close at 46,278 with 259Mn shares being traded. Top performance as per price change was witnessed in EFUG, AIRLINK and JDWS. Top decliners HGFA, JVDC and PAEL. Activity was mainly concentrated in Transport, Technology and Refinery.