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Stocks Stay Range-bound Inside Omicron Concerns

According to our sources, Wednesday’s session on the Pakistan Stock Exchange in Karachi was impacted by investors’ fears on the spread of the new Covid 19 variety.

The increased incidence of Omicron will result in lockdowns and reduced economic activity in the future. The index will be moved within a 200-point range and will be closed at 45,407,89 points after you add 17,05 points, or 0.04 percent.

Read: Financing Facilities Offered to Lift KP’s SME Sector

There will be a 14.91 percent increase to 432.06 million shares, but the value of traded shares decreased 19.53 percent to Rs10.28 billion. Minister of Information and Broadcasting Chaudhry Fawad Hussain also revealed that the Pakistan Stock Exchange remained profitable at 18 percent.

Read: Permission of Administration Necessary for Road Cuts in Lahore

The dividends were paid by corporations that were publicly traded. In 2020, the amount was approximately Rs272 billion. In 2021, the company’s profit reached Rs498 billion. In addition, the minister published the list of businesses.

Stay tuned with Al Sadat Marketing for updates.

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Al Sadat Marketing please contact 0331 1110005 or visit https://alsadatmarketing.com/

Few more real estate housing schemes which are trending now a days in Islamabad by including: Faisal Town Phase 2Prism Town Gujar KhanNew City ParadiseEighteen Islamabad7 Wonders City IslamabadCapital Smart City,  Silver City IslamabadThe Life Residencia,  Faisal Town IslamabadIslamabad Golf CityIslamabad Model Town and Marble Arch Enclave.

Al Sadat Marketing is an emerging Real Estate Agency headquartered in Islamabad, Pakistan. With over 10+ Years of experience, Al Sadat Marketing is providing its services and dealing all trending housing societies projects in different cities of Pakistan. Islamabad Projects, Rawalpindi Projects, Gujar Khan Projects, Burhan Projects, and Peshawar Projects etc.

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