KSE Live Update: On-Going Market Advice For 10-09-2008

Sep

Posted by abasits | Posted in Daily KSE, KSE Advice, KSE Crunch, KSE Live Update, KSE News, KSE Predictions, Karachi Stock Exchange | Posted on 10-09-2008

AOA,

Welcome again, and here in UK today is the last ROZA of !st ESHRA (10 days), going very quick like last time. May Allah give us the Taufeeq to do as much AMAL as we can, we are agian going to start with today’s live KSE updates,

10-09-2008 First Trading Hour Live Update, (Page Refresh = F5)

Market started with positive trend, as expected. after 5 mins, its 9.78 positive now.
As I said yesterday that the market could see some recovery now, most of the major issues are in better situation now.
Now investors trust would change the things around in next few days.
Always, “THINK POSITIVE, BE POSITIVE ”.
A buying atmosphere is developing, get ready now. (9:50AM)
Waiting for some maturity curve, 20 positive at the moment. (9:53AM).
PPL, PSO, Fauji, Engro, NML, NIB, NBP are the top operators till now. (9:56AM)
ATRL could do better today, I think. (9:57AM)
KSE 100 Index is 24.19 positive now, gradually going up. (9:59AM)
After 60 or 70 points, we will think about buying for safe side. (10:03AM)
Went down from 25 positive to 18 positive, now. (10:05 AM)
11.27 positive remaining now, negative trend building. (10:11 AM)
Again in stuck mode. (10:18 AM)
KSE 100 Index is 5.57 positive, NBP & NML are running symbols at the moment. (10:21 AM)
NEGATIVE Mode: -4.88 now, depressing. (10:24 AM)
Trade ration went down also , as it was 5000 in first 30 mins while 2000 in last 30 mins.

10-09-2008 Second Trading Hour Live Update, (Page Refresh = F5)

-5.26 negative at the start of this hour.
-6.19 negative, no change still.

10-09-2008 Third Trading Hour Live Update, (Page Refresh = F5)

Market is only 11 positive with dumb behaviour.

10-09-2008 Fourth And Last Trading Hour Live Update, (Page Refresh = F5)

Engro, NML, NIB, NBP are leading today, market is 11.40 positive.
A new political war is about to begin right after accepting the resignations of PML (N).
PP (Punjab Provence) would be the unstable as PML(N) is being as the biggest opposition there. Punjab has highest impact because of biggest population province.
Market closed at 36.06 positive.