US
Bourse remained mostly in red the entire week, clawing back up on Friday over positive sector-specific news.
Simmering political and religious tensions kept the index from hitting all-time high.
Profit-taking witnessed as volumes decline at bourse.
Sector-specific activity resulted in volumes jumping 73%.
Volumes and foreign inflows jump sharply during shortened trading week.
Lucky Cement’s acquisition of ICI and lower inflation numbers featured during the week.
Company-specific news flows dominated the week.
Political tensions and Moody’s downgrade keep the market in check.
Fertiliser, cement and oil sectors perform strongly during the week.
Macro numbers, foreign selling keep investors on the sidelines.