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Monday, September 1, 2014

where's kse100 index moving? 1st September 2014


Technically the market should bounce back because double bottoms have also been created on 12th August 2014 and 28th August 2014. Having said that, any disturbance to the investor confidence will result in the chart dated 27th August 2014.  

Thursday, August 28, 2014

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.  

Monday, August 18, 2014

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.  

Friday, June 13, 2014

Portfolio Returns vs KSE-100 Index 13th June 2014

week ending pf %gain/loss % kse100
21-Mar
28-Mar -1.2% 1.3%
04-Apr 3.7% 4.8%
11-Apr 5.9% 3.0%
18-Apr -1.5% -0.6%
25-Apr -0.8% -0.8%
02-May -1.0% 0.2%
09-May -0.2% -1.5%
16-May 5.5% 1.4%
23-May 1.8% -0.4%
30-May 2.8% 3.4%
06-Jun -2.1% -0.8%
13-Jun 4.7% 0.7%



Portfolio on 13th June 2014

sector Share pf %
Beverages mureb 0.85%
Construction & Material luck 0.85%
Personal goods gadt 1.71%
Electricity kel 25.64%
Construction & Material akzo 1.71%
General Industries cppl 4.27%
Pharma & Biotech iblhl 4.27%
Automobile & Parts gtyr 4.27%
Oil & Gas pso 4.27%
Personal goods nml 4.27%
Personal goods srvi 0.85%
Foods Producers efoods 4.27%
Forestry cepb 25.64%
Chemicals efert 4.27%
Indus transportation pnsc 4.27%
Household Goods tgl 4.27%
technology Hardware avn 4.27%

Sold 33.3% of gadt on 35% gains
Sold 45.45% kel on 20.39% gains
bought Services industries, reducing gadt.