Karachi Stock Exchange Weekly Analysis 25 April, 2010

Karachi Stock Exchange (KSE) have witnessed a bearish trend, almost throughout the week. KSE – 100 index has closed at 10,607.53 points by the loosing of 52.18 points or 0.48 per cent. While KSE – 30 index has closed at 10,726.80 points by the loosing of 149.81 points or 0.37 per cent.

Following news have played a vital role in movement of Karachi Stock Exchange (KSE):

  • Investors have concerns about CGT (Capital Gain Tax) implementation
  • Energy crisis increased, Lack of electricity, water and gas are adversely and continuously affecting country’s economy
  • However there were strong results from blue chips e.g. POL, PSO, HBL, MCB but it was unable move market in positive direction
  • ENGRO, PTCL, NBP, OGDC, and PPL are schedule to announce their results next weak
  • Business community, traders, investors have concerns on government decision of two holidays in a week (e.g. Banks, Shipping etc.), closing markets early evening etc.
  • Global concern about Goldman Sachs has made investors apprehensive
  • Cotton prices have increased Rs. 6700 (highest in history)
  • Oil prices have decreased internationally.

LOTTE Pakistan, TRG, SILK Bank, DGKC, AZGARD NINE, MAPLE Leaf Cement were volume leaders last week.

NOTE: The information posted in this blog (forum) is based on current afairs & invstors point of view. There may be discrepency in the ground realities.

Written by: Rana Khurram

Karachi Stock Exchange Weekly Analysis 18 April, 2010

Karachi Stock Exchange (KSE) was bullish throughout the week. KSE – 100 index has closed at 10,659.21 points by the increment of 72.79 points or 0.67 per cent. While KSE – 30 index has closed at 10,876.61 points by the increment of 24.29 points or 0.22 per cent.

Following news have played a vital role in progress of Karachi Stock Exchange (KSE):
  • Nice results from few blue chips e.g. POL, MCB, DGKC, HBL, PSO, PPL, KAPCO, INDU, ICI, OGDC etc. are expected next week
  • Foreign Portfolio Investors have invested a huge volume (worth of $13.2 million)
  • The consumer price index has reached up to 12.9 per cent by declining 13 points
  • Prime Minister of Pakistan Syed Yousaf Raza Gilani’s foreign visit, meeting with IMF officials, has raise the hope of disbursement of next $1.2 billion tranche
  • ADB reports Pakistan’s performance modestly better
  • Sales of Cement has increased up to 13 per cent
  • FX reserves has reached $15 billion
Following negative news also circulated in market, which makes local investors very cautious and careful:
  • Government is planning to introduce some new taxes in upcoming budget
  • Series of Bomb blast throughout the country e.g. Quetta, Kohat
  • Violence in Hazara division
  • Cotton prices have reached Rs. 6000/maund, which is the all time highest level
  • Steel prices have increased from 15k/ton to 70k/ton just in last two months
  • Lack of electricity, water and gas are adversely and continuously affecting country’s economy and various industries e.g. Textile, Agriculture etc.
LOTTE Pakistan, ANL, TRG, WorldCall, NIB Bank were volume leaders last week.

NOTE: The information posted in this blog (forum) is based on current afairs & invstors point of view. There may be discrepency in the ground realities.

Written by: Rana Khurram

Karachi Stock Exchange Weekly Analysis 11 April, 2010

Karachi Stock Exchange (KSE) was bullish throughout the week. KSE – 100 index has crossed psychological level of 10,500. Remember this is the higher level achieved during last 15 months. KSE – 100 index has closed at 10,586.46 points by the increment of 169.94 points or 1.6 per cent. So much positive activities have been witnessed, and according to analysts KSE – 100 index will cross 12,000 points level by the end of this year.

Following news have played a vital role in progress of Karachi Stock Exchange (KSE):
  • Historic 18th amendment has been presented before the National Assembly and approved
  • Foreign Portfolio Investors have invested a huge volume (worth of $22 million) especially in Oil and Gas sectors
  • International crude prices have increased
  • Nice results of AZGARD NINE (ANL) have been announced and some more better results are expected in upcoming week.
Following negative news also circulated in market, which makes local investors very cautious and careful:
  • 5th tranche from IMF of worth $1.2 billion have been delayed
  • Series of Bomb blast in Peshawar at US Consulate
  • Lack of electricity, water and gas are adversely and continuously affecting country’s economy and various industries e.g. Textile, Agriculture etc.
LOTTE Pakistan, Silk Bank, ANL, TRG, PTC, PAKRI were on top last week.

NOTE: The information posted in this blog (forum) is based on current afairs & invstors point of view. There may be discrepency in the ground realities.

Written by: Rana Khurram

Karachi Stock Exchange Weekly Analysis 4 April, 2010

Karachi Stock Exchange (KSE) is progressing by leaps and bounds. KSE – 100 index has crossed two psychological levels and reached at 10,416.52 points by the increment of 278.89 points or 2.75 per cent. While KSE – 30 index had reached up to 10,680.98 points by the increment of 238.06 points or 2.28 per cent. Remember it is the highest level achieved since last 19 months.

Following news have played a vital role in progress of Karachi Stock Exchange (KSE):

  • Foreign Portfolio Investors have invested a huge volume (worth of $36 million) especially in Oil and Gas and chemical Sector (e.g. OGDC, POL, PPL, ENGRO etc)

  • Historic 18th amendment is ready to be presented before the National Assembly

  • Government has withdrawn the decision of increasing power tariffs

  • Successful visit of Turkish President to Pakistan

  • International Oil prices have crossed $85 per barrel


Following negative news also circulated in market, which makes local investors very cautious and careful:

  • Political turmoil against judiciary regarding NRO (National Reconciliation Ordinance) and other issues

  • Uncertainty in implementation of CGT (Capital Gain Tax)

  • Government has increased Oil prices

  • IMF tranche for Pakistan has been delayed

  • Lack of electricity, water and gas are adversely and continuously affecting country’s economy and various industries e.g. Textile, Agriculture etc.

OGDC, POL, PPL, ENGRO, JS Companies, DGKC were on top last week.


NOTE: The information posted in this blog (forum) is based on current afairs & invstors point of view. There may be discrepency in the ground realities.

Written by: Rana Khurram