where's kse 100 index moving? 28th August 2014

Hammer was created on 28th August 2014 which suggest that we might be seeing the bottom of current bearish trend but confirmation will be needed on 29th August 2014.  

wheres kse 100 index moving?

Political Uncertainty and Karachi Stock Exchange

In most developed nations, the markets tend to move with the economic conditions and how well the economy of a particular country is doing but in a developing countries like Pakistan, elements of political and religious factors also influence the markets as much as the economic factors. The ongoing political situation in Pakistan is no different. The karachi stock exchange has shed more than 1700 points from its top of 30639 to close at 28917 on friday 15th August 2014. The sentiments of alot of investors are negative regarding the government handling of the crises but in this current situation, one should remind themselves that fear and panic are two different things, while fear is healthy for the market, panic is deadly. A lot of people would remember when qadri set the stage during ppp time in Islamabad. In a single day, the market lost more than 500 points and only smart investors bought those shares and rest is history. The current on going uncertainty is definitely a very good buying opportunity for everyone. The shares of blue chip companies will get more cheaper and buying them in this current political uncertainty would be the best investment for ages.