US
Forex reserves rise to $9.4 billion as rupee appreciates 5 per cent.
Ceasefire and low inflation figure highlights of the week.
Index jumped sharply on Friday following PSO’s earnings announcement.
Volumes dropped 20 per cent while index heavyweights took a hit.
KSE-100 fell 287 points while volumes dropped 10%.
Investors remained cautious in the face of positive inflation figures.
US Fed’s decision to curtail bond-buying negatively affected emerging markets.
Start of earnings season led to stock-specific activity.
Volumes declined 7% as investors awaited monetary policy announcement.
Volumes shoot up 17% as investor sentiments remain positive.