One would have thought that yesterday's profit taking or technical correction was enough for the sharks to have gone home with all the great news.... huge realised profits and somewhat stability in political/ economic scenario! And that 1st April will see another good bounce back in KSE 100.
Well, the day started off on a very positive note with index gaining over 160 points and small investors gearing up confidently to see a good close to the day. Little did they know that 1st April was a day when they were going to be made fools out of. Surely, they realised the same when the clock ticked 3:30 pm and KSE 100 index closed only 71 points above the previous close.
The big sharks again took the sentiments to the higher levels and settled for another profit taking day. Well done sharks! Every dog has its day is all we can say.
Let tomorrow be the day for the small investors! Good luck !
Well, the day started off on a very positive note with index gaining over 160 points and small investors gearing up confidently to see a good close to the day. Little did they know that 1st April was a day when they were going to be made fools out of. Surely, they realised the same when the clock ticked 3:30 pm and KSE 100 index closed only 71 points above the previous close.
The big sharks again took the sentiments to the higher levels and settled for another profit taking day. Well done sharks! Every dog has its day is all we can say.
Let tomorrow be the day for the small investors! Good luck !
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