Jan
26
KHIStocks: Live Trade Span on 26/01/2009
Posted by abasits | Posted in Daily KSE, KSE Advice, KSE Crunch, KSE Gimmick, KSE Live Update, Karachi Stock Exchange | Posted on 26-01-2009
AOA,
Seems that you all are good, and welcome here on apnakse, starts with the updates;
- KSE 100 index went to deep negative, but recovered well.
- NIB, OGDC and NBP are the volume leaders till now,
- 62 companies advance, 115 declined and 8 unchanged.
- There was a gimmick that KSE 100 index would come to 3000points, which would be the worst situation.
- Today’s trading volume is quite good, already 27000 transactions has already been done.
- At one time KSE went to 140 negative, then we also have seen 40 posive, but at this time its -36 negative.
- Whats wrong with NIB, do you people have any idea ? Come on share you thoughts please.
- Foreign selling has been told the main reason of today’s negative trend.
do you think that kse will dissolve in coming months?
No not at all, it can’t it has absorbed the selling pressure by the banks and by the foreign investors though the profit making at the end of the session is not allowing it to grow but the statics of last two days has a very positive impact and the market has gained the confidence of the small investor and thats an acheivement
What do you think about the current market trend. Do you think it will continue the positive trend in next few weeks? Should I consider NATF for long term investment?
Hi,
The market trend is not predictable so wait for everything to settle and then think of long term investment though the current prices are very very attractive but stlll our capital is more valuable to us then the profit so don’t risk your capital keep your eyes open and I can’t say anything at the moment as the rise in SBP discount rate will push the industries further back and that can have a negative impact on the profits of the industries so wait n let the dust settle.
now a days market is performing well, do you think we should invest at the moment and in which scripts, securities are very attractive.
yes, but you would see some correction in few days..,
BE VERY CAEFULL
Can anybody guide me anout current position of the stock and the future perspective? Where should the index lead to? What do you think about AHSL, AHL, JSCL and JOVC?