A look at the government’s proposed budget for March 2022-23 shows if passed it should be propitious for the struggling stock market.
The budget draft seems advantageous for the bourse in six ways, according to a review by the Securities and Exchange News Agency.
Concerns about a possibility of higher prices of feedstock for petrochemical companies eased after it was reported that the government would continue with this year’s price list for feedstock that have a considerable bearing on margins of petrochemical firms and by extension on the share prices.
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