The governments and central banks world over readied more emergency measures to tackle the economic impact after spreading coronavirus on Friday, helping financial markets pare some of their steep losses, while more major events were canceled or postponed. US president even declared national emergency and set $50 billion fund to tackle the contagious disease. Till date (Friday March 14) about 138,000 people are affected worldwide and over 5,000 died, according to available …
Read More »Stock market review for year 2012
Pakistan’s stock markets, particularly KSE is known worldwide for providing the best returns among global stock exchanges. KSE index more recently was expected to show a decline and expected not to breach the hypothetical index value of 16,000. The stock market on the contrary is trading at 16,800 points. As on 30-Dec-11, KSE was trading at 11,347 points giving an annual return to date of 41 percent which is …
Read More »Performance of Pakistan stock market
The calendar year 2014 (CY14) has proved to be another good year for Pakistan equities with benchmark KSE-100 Index gaining over 27.3%. It was also evident that during the period under review activity at the bourse lost pace slightly as daily average traded volumes declined by 6.4% to 208 million as compared to 222 million for CY13. Despite this bullish trend only 4 IPOs made their way to the …
Read More »Back to gold?
The October 1987 New York stock market crisis and the 2008 financial meltdown were controlled as fast as they came. That was in sharp contrast to the 1929-30 depressions that threw the world markets first into convulsions and then into a prolonged state of agony. The keyword separating the two sets of — pre and post World War II — financial crises was “liquidity.” The abolition of fractional reserve …
Read More »Karachi Stock Exchange categorized as the world’s best stock market
Karachi Stock Exchange was declared by The Economist as the best market. Brazil and Philippines were beaten by the small Karachi Stock Exchange (KSE), which rose by 40 percent in local currency terms. Of stock markets hunted by The Economist, only Japan’s has performed better. Leaving terrorist explosions the exchange’s strong performance was partly due to improving conditions in Pakistan, including a reasonably free and fair election in May, …
Read More »Pakistan retains third spot among top ten stock market performers
Pakistan Stock Market (KSE-100) 1990-2015 decreased to 35147.13 Index points in July 9, 2015 from 35,328.83 Index points in the previous trading day. Stock market in Pakistan averaged 7691.91 Index points from 1990 until 2015, reaching an all-time high of 35,537.69 Index points in July of 2015 and a record low of 538.89 Index points in June of 1990. Below is the latest graph showing impressive growth in the …
Read More »KSE journey through the history
Karachi Stock Exchange (KSE) has remained focus of investors, both local and foreign. Some analysts attribute this to the long history, offering ease in trading and diversity of scrips offering attractive return. But there is a consensus that deployment of technology, offering smooth and efficient settlement system and above all creation of paperless environment facilitates for investors from all over the country to trade through KSE. Pakistan’s capital market …
Read More »Reviewing performance of Pakistan market
Reviewing the performance of Pakistan’s stock market may look a little appointing for some analysts but many analysts term this a correction and opportunity to the investors to rebalance their portfolio. A point of concern is substantial out flow of funds. However, this can be termed a short-lived phenomenon, if the incumbent government succeeds in overcoming some of the most contentious issue that include: 1) electricity and gas outages …
Read More »Real estate investors pushed Pakistan stock exchange index to current level
Interview with Aqeel Karim Dhedhi Profile Aqeel Karim Dhedhi is a highly regarded member of the Karachi Stock Exchange KSE (now corporate) with over thirty years of mainstream experience in stock-broking. He became a member of the KSE in 1986. Prior to this, he spent 13 years managing his father’s brokerage business. He is a prominent broker and has been on the board of the KSE in 1996, 1997, …
Read More »Hi-Tech Lubricants First-Ever Company Listed On Pakistan Stock Exchange
Company is planning first IPO of the year Book-building process over-subscribed by 2.24 times With the completion of the second round of fund raising for the initial public offering (IPO) of the company, Hi-Tech Lubricants Limited (HTLL) is set to become the first-ever company to be listed on the recently integrated Pakistan Stock Exchange (PSX). Hi-Tech Lubricants Limited will also become the first IPO for the year 2016. The …
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