The Chai Tattle - 6th March 2026
The market closed on a damper unable to cover the losses on the first day of the trading week.
MesoQuill Research
The closing day for the week closed with a damper with the indices dropping heavily, similar to how they started the week, but not with the same intensity.
Volume dropped heavily on the stock market as jitters regarding the war came to fruition as the government mulled on suggestions on implementing work from home and distance learning initiatives to curtail fuel demand.
Returns were negatively skewed.
Top News
The company TPL announced that the deal for Jazz International holding to acquire controlling share of TPL insurance limited has been agreed to.
PNSC informed that NLC, encouraged by a letter form PM stating that in principle NLC should acquire up to 30% shareholding in PNSC, is going to be pursued by NLC.
Earnings
REV & NI figures are in 000's.
GTYR will be closing its plant from March 9 to March 19th.
