US
Upcoming monetary policy announcement and earnings season fuelled market’s growth.
Low inflation numbers raise hopes for a bigger discount rate cut.
Healthy buying was witnessed in the banking and energy sectors
Foreigners continue to offload equities, oil companies constantly taking a battering.
Index falls 559 points during the week to end at 31,589
Low inflation number for November sparks heavy buying at the bourse.
Sukuk placement, low inflation expectations only positives in a bearish week
The index crossed the 32,000-point barrier before profit-taking kicked in.
Expectation of a discount rate cut and scrapping of OGDC offering provided a boost during the week
Low inflation numbers, strong sector-specific performances lead to index’s gains.