An analyst from BMA Capital Management said, “We anticipate the market to remain range bound during the upcoming week due to the prevalent inflationary pressures, likely causing a delay in the monetary easing cycle.”Pakistan Stock Exchange (PSX) benchmark KSE 100 shares index inched up 0.25 percent or 100 points to settle at 40,243 points level at the end of the week. This was mainly concentrated in banks at $3.6 million and textiles at $2.7 million. The equity market is expected to stay uncertain, taking hints from the upcoming corporate results for further movement.”An analyst from Arif Habib suggested investors to keep an eye on FATF assessment too, and to closely follow the market developments hunting for attractive discounts in blue chip stocks.
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