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Stocks falter after PM warns of harsh IMF conditions

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Stocks falter after PM warns of harsh IMF conditions
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KARACHI: The benchmark index of the stock market took a plunge on Tuesday as investors resorted to profit-taking on inflation concerns.

Activity on the main board remained dry whereas hefty volumes were recorded in third-tier stocks, said Arif Habib Ltd. The prime minister’s statement about the harsh conditions imposed by the International Monetary Fund also led to the worsening of sentiments on the bourse.

“Tough economic conditions let the market trade in a range-bound trajectory… the index moved in a range of 535 points,” said Topline Securities.

JS Global said investors should stay cautious in coming trading sessions and adopt a buy-on-dip strategy, particularly in banking and energy exploration and production sectors.

The KSE-100 index settled at 41,765.62 points, down 112.95 points or 0.27 per cent from a day ago.

 

The trading volume increased 3.7pc to 257.2 million shares while the traded value went up 4.5pc to $37.3m on a day-on-day basis.

Stocks contributing significantly to the traded volume included K-Electric Ltd (28m shares), Oilboy Energy Ltd (23.89m shares), WorldCall Telecom Ltd (17m shares), Unity Foods Ltd (16.6m shares) and Cnergyico PK Ltd (9.8m shares).

Sectors that took away the highest number of points from the benchmark index included commercial banking (61.38 points), fertiliser (48.46 points), technology and communication (21.05 points), oil and gas marketing (19.63 points) and chemical (13.89 points).

Shares contributing most negatively to the index included Fauji Fertiliser Company Ltd (41.72 points), Bank AL Habib Ltd (20.9 points), Pakistan State Oil Company Ltd (14.83 points), Mari Petroleum Company Ltd (14.42 points) and MCB Bank Ltd (12.83 points).

Stocks that contributed most positively to the index included Lucky Cement Ltd (38.13 points), Nestle Pakistan Ltd (16.54 points), Pakistan Oilfields Ltd (16 points), D.G. Khan Cement Company Ltd (9.75 points) and Thal Ltd (9.64 points).

Foreign investors were net buyers as they purchased shares worth $0.49m.

Published in Dawn, June 29th, 2022

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E Learning Unimal

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Are you looking for information on E Learning Unimal? You have come to the right place! In this blog post, we will provide a step-by-step guide on E Learning Unimal

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Unveiling Brilliance: Exploring the Magic of Al Fakher Diamond Dust

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Al Fakher Diamond Dust
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Imagine enjoying smoking on a whole new level, with a dash of genius added to every inhalation. This is precisely what the ground-breaking product in the shisha market, Al Fakher Diamond Dust, claims. This article explores the numerous facets of this amazing product, including its characteristics, background, and the reasons why enthusiasts today view it as indispensable.

Al Fakher Diamond Dust: A Diamond in the Rough

The essence of Al Fakher Diamond Dust is revealed to be a distinctive blend of fine tobacco and faintly shimmering diamond-like particles. The outcome? A unique smoking experience where luxury and flavor collide.

The Origin Story

Explore the origins of Al Fakher Diamond Dust and follow its history back to the rich tobacco customs of the Middle East. Discover how creativity and skill combine to produce a product that appeals to the senses.

Crafting Brilliance: Manufacturing Process

Al Fakher Diamond Dust

Al Fakher Diamond Dust

 

Discover the complex procedure that goes into making Al Fakher Diamond Dust. Every stage, from picking the best tobacco leaves to carefully adding tiny particles that like diamonds, is an example of excellence and perfection.

The Mesmerizing Features

We explore the unique qualities of Al Fakher Diamond Dust that make it unique in the world of indulgent hookahs.

Diamond-like Sparkle

See the eye-catching beauty of Al Fakher Diamond Dust. The delicate shimmer gives your smoking experience a touch of luxury and sparks conversation at any get-together.

Flavors That Dazzle

Explore a range of tastes that aren’t your typical ones. Al Fakher Diamond Dust provides a range of options to suit every taste, from traditional blends to creative creations.

Smoking with Elegance

With Al Fakher Diamond Dust, your shisha sessions will be elevated from a casual hobby to an opulent event.

The Perfect Social Companion

Al Fakher Diamond Dust

Al Fakher Diamond Dust

 

Find out how smoking is made more socially enjoyable with Al Fakher Diamond Dust. With friends, enjoy happy and restful times to make every session special.

Tips for Optimal Enjoyment

With helpful advice on taste matching, heat management, and packing, you can maximize the benefits of Al Fakher Diamond Dust. Make smoking a ritualistic endeavor.

Frequently Asked Questions

Q1: Is Al Fakher Diamond Dust suitable for beginners?
A1:
Absolutely! Al Fakher Diamond Dust caters to all levels of enthusiasts, offering a smooth and enjoyable smoking experience for beginners and seasoned users alike.

Q2: How long does the diamond-like sparkle last?
A2:
The diamond-like particles in Al Fakher Diamond Dust are designed to last throughout the smoking session, providing a mesmerizing visual experience from start to finish.

Q3: Are there any health concerns with inhaling diamond-like particles?
A3:
Rest assured, the diamond-like particles in Al Fakher Diamond Dust are safe for inhalation. Extensive testing ensures a worry-free smoking experience.

Q4: Can I mix Al Fakher Diamond Dust with other shisha flavors?
A4:
Certainly! Get creative with your flavors by mixing Al Fakher Diamond Dust with your favorite shisha blends. The possibilities are endless.

Q5: Is Al Fakher Diamond Dust available worldwide?
A5:
Yes, Al Fakher Diamond Dust is globally accessible, bringing its unique sparkle to shisha enthusiasts around the world.

Q6: How do I clean my hookah after using Al Fakher Diamond Dust?
A6:
Maintaining your hookah is easy. Simply follow standard cleaning procedures, ensuring a residue-free experience for your next smoking session.

Conclusion

To sum up, Al Fakher Diamond Dust is a sensory experience that combines flavor and visual appeal, going beyond the bounds of traditional shisha. Enhance your smoking routine with this innovative gem.

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