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Pakistan Market: Top performing stocks & sectors of 2021; Tech sector outshined, TELE, TPLP & SYSTEM top stocks – By Topline Research

  • By: Topline Securities (Private) Limited

  • - Published: Thursday, 23 December 2021
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<ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Technology and Textile Spinning were the top performing sectors in 2021 posting returns of 37% and 35%, respectively based on market cap. This is compared to KSE-100 index which is up 1% (-9% in US$ terms) in 2021 to date (7 trading sessions remaining). On the other hand, Tobacco and Refinery sectors remained the worst performing sectors posting decline of 35% and 29%, respectively.</span></li><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Technology sector in line with global trend continued to remain investor&rsquo;s favorite sector post pandemic. Pakistan&rsquo;s rising IT exports, government focus to facilitate IT sector, and PKR devaluation have led to higher sales &amp; profitability for the tech sector. Textile spi...

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