PNB Housing Finance rallied 13.5% on above-average volume this week. The stock retook its 200-day line amid heavy buying interest. It managed to deliver monthly gains for the first time in seven months.
One down and two up days
Weekly Market Review:
The final week of the financial year brought smiles to investors, as frontline indices snapped out of their four-week long losing streak.
As fears of a trade war between the U.S. and China receded, benchmark indices managed to bring home decent gains on Tuesday. Continue reading “Weekly Big Picture – Market Snaps Four-Week Losing Streak”