Given the great performance by the stock market in the outgoing week, analysts expect the market to stay positive in the next week as well. During the two-day trading week — the market remained closed for three days on account of Eidul Azha — stocks performed better amid clarity on the federal budget and hopes for entering into a new IMF programme. “In the upcoming week, we expect the market to remain positive. Developments related to the IMF will further improve market sentiment,” brokerage Arif Habib Limited stated. “Furthermore, scrips are currently trading at attractive valuations which could entice investors.” (The News)
24/6/2024