Most of the global stock indexes closed higher on (25/11); triggered by the rise in technology sector stocks. European stock markets managed to rebound; after declining due to fears of an increase in Covid-19 cases. The market is also appreciating a minor correction in the Dollar Index; having hit a new high in the last 17 months.
Domestically, JCI had touched its highest intraday level; before closing up 0.24%. The transportation sector took the lead with a gain of 3.56%; amid the lack of new sentiment. Towards the end of the week, the benchmark index will try to maintain its upward trend with a projected range of movement at 6680-6.850.
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