Daily Sentiment Analyzer - 21st June 2022
Pakistan Stock Exchange (PSX) on the second day of this week broke bearish momentum on the back of a positive statement by the Finance Minister and KSE 100 Index climbed +748.97 points to close the benchmark index at 42,525.95 levels.
The sentiment indicator depicts bullish and bearish sentiment in the Pakistan Stock Exchange (PSX), where the KSE100 Index currently operates under a Neutral sentiment, where 85% are under the short-term bullish sentiment and 15% of stocks are under a short-term bearish sentiment.
Meanwhile, 14% of stocks are operating under a long-term bullish sentiment and 86% of stocks are operating under a long-term bearish sentiment.
Investors remained hopeful and more than 8 stocks closed at upper circuit today where AVN,NETSOL,LOTCHEM are among the big names. Overall 300 million shares traded in KSE All Share Index today, where TPLP,PRL,CNERGY and HUMNL remained among the top volume leaders.
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