The Chai Tattle - 8th July 2026
The US Presidents public statement sent PSX investors into a bear spree.
MesoQuill Research
Yesterday's bearish run was exacerbated considerably on the back of the President Trumps comments on that attacks on Iran will restart and Iran stating closure of the Strait if it happens. The attack in Balochistan with a high death toll has added further investor unrest.
This was evident in the massive drop that occurred in the benchmark index that dropped more than 4k points.
The liquidity profile was high especially for stocks that declined in value as investors-initiated profit taking and the return profile was severely negatively skewed.
Notable Metrics
Top News
Following the acquisition of Rafhan Maize by the Nishat Group the company announced changes in the composition of the Board.
The company announced penning of a redistribution agreement with Lab Link enterprises - the sole distributor of Nipro Hospital products; a Japanese company that produces Medical and Pharmaceutical products.
