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KSE Live Update: On-Going Market Advice For 20-08-2008

Posted by abasits | Posted in Karachi Stock Exchange | Posted on 20-08-2008

Asalam-O-Aluikum once again, I am Abdul Basit and its a time for today’s (20-08-2008 ) Karachi Stock Exchange KSE live update. Keep refreshing your page and keep this place live with your comments.

Pre-Open Live Update, (keep refreshing the page by key F5)

  • Everything is again at their upperlocks, and today we could see some correction into the market.
  • I prefer you that do not purchase in start.
  • MArket is going down, now. The upper locks are changed into almost lower lock.
  • Wait and see, before investing any where.

20-08-2008 First Trading Hour Live Update, (Page Refresh = F5)

  • Market oped with -141 points.
  • Due to recent clash among current political forces , the market is again uncertain.
  • Market is 313.10 minus,  
  • Live KSE 100-Index Graph = http://www.kse.com.pk/kse4/phps/kse100idx.png?variable=6864.217134203623
  • This is an temporary fall, so i believe the market can go up according to the recent condition.
  • For big investers POL-Aug, PSO-Aug, LUCKY-Aug are the good options to invest now.
  • This is the time where the government fund should take their part to recover the market.
  • At the end of 1st trading hour, market is 306 negative.

20-08-2008 - Second Trading Hour Live Update, (Page Refresh = F5)

  • Once again, Zeal pak is touching the 1.50 ground.
  • Market is getting improved, can start buying now. 
  • Market went to 260 negative and now 300 at the moment.
  • If the investment amount is in between 200,000 - 300,000, then I think you should have to buy one big script for better profit. I would recommend you to think about 1000 PSO-AUG or 1000 POL-AUG or for safe side 5000 NML-AUG / 5000  LUCK-AUG.
  • Do not care much about the news or false propaganda, otherwise we can not work ever. I am not saying that take risks but as you can see the market is very low at the moment, it can go upto 13000 or 14000 points in next few months, so by keeping this in mind I think need to do some investment. 
  • Market is 281 -ve at the moment.
  • Live KSE 100-Index Graph = http://www.kse.com.pk/kse4/phps/kse100idx.png?variable=1867.5865708802573

20-08-2008 - Third Trading Hour Live Update, (Page Refresh = F5)

20-08-2008 - Fourth Trading Hour Live Update, (Page Refresh = F5)

20-08-2008 - Last Half An Hour Trading Live Updates, (Page Refresh = F5)

  • Total No Of Trades = 80,448 till now, not bad at all. Still half an hour Remaining. 
  • It means investers werer mostly selling their securities, due to the government collusion news.
  • Live KSE 100-Index Graph = http://www.kse.com.pk/kse4/phps/kse100idx.png?variable=9172.679950256377
  • The market time is about to finish and still its at -416 points, no recovery till now.
  • ATRL, ENGRO and NML are doing well. Some heavy purchasing is happening.
  • Market has closed at negative 393.08 points.

Will update it soon, and please give your valuable comments to improve this blog in more better way,Thanks.

Allah Hafiz,
-abs

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Comments

  1. so
    what ll b tomorrow’s openining?

  2. I think, some correction would come tomorrow inshallah.

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