AOA,
- KSE is picking its momentum again, today it did not go to negative teritory at all. Shows some positive signs and we believe that it will back to its swing.
- TRG Pakistan, OGDC, Zeal Pak, NIB Bank, P.T.C.L.A are the market leaders today.
- We have seen it at 134 postive at one time, but at the moment its droped to +114.
- Still the buying atmosphere, you can do some.
- Market closed at 146.77 positive, and Inshallah there will be alot more in coming days.
Inshallah, will try to update tomorrow. Keep visiting and thanks for your great response once agian.
Note: apnakse.com vIsit will not make any loss, so don’t hesitate and keep it live -: ) THANKS
Allah Hafiz,
-abs
AOA,
I hope you had a wonderful Eid, and now some notes on KSE - even though there is nothing -: )
- After effect are very much similar to the last month. No any particular change has been observed.
- The only and only change would occur with the change in freezing strategy, otherwise it would remain same.
- According to the news, the board meeting has decided that any change could only be happen after 15Th of October, 2008. So, be patient and wait. If you have bought some shares of like PSO, POL, ATRL, PPL, ENGRO then do not panic, they will definitely improve. Just give some time because you can see that there is not any trade volume at all, so how could you expect the improvement. Its my suggestion!…
- From Last one hour, I am watching the KSE points table which did not even move a bit. Total No of trades = 603 till now, and 1 hour 35 mins to finish.
- KSE 100 Index is at -0.71, and I am not expecting any further change in today’s trading seesion. The top player is Southern Electric with the volume of 388,000. (12:24 PM)
Will try to update any further change if occur, until then ALLAH HAFIZ.
-abs
Asalamo-Aluikum,
Month of Ramazan is about to finish, and we have seen no prominent change in this month. All the Indexes are static, and if I would say that this is one of the least trading volume month in last 10 years, so it won’t be wrong. Isn’t ?
Alhamdulilah, we have done our Traveeh, Namaz & Roza but dua for whole muslim Ummah and also for the acceptance of all of your worship. Acceptance is important not Quantity. These are the last couple of days, so ask your forgiveness as much as you can. Must give FITRA before Eid Namaz, otherwise it won’t be counted as Fitra. After Eid namaz Firta would become the normal Sadqa, so make sure that you are giving before Eid namaz. Also must eat at least one date before you go for Eid Namaz, its a sunnat.Now, some of today’s market highlights. Only one hour to go, and total no of trades = 2,513 with total volume of 1.2 Million share which we know is very less. At the moment, KSE 100 Index is 3.12 Negative.
Inshallah, will try to update on Eid. Keep visiting and thanks for your great response once agian.
Note: apnakse.com vIsit will not make any loss, so don’t hesitate and keep it live -: ) THANKS
Allah Hafiz,
-abs
AOA Folks,
Only an hour and few more minutes in stock trading to finish. This week was one of low volume week in recent years of KSE history. Today is friday the 26 of september, 2008 and we are reaching back to the starting point where we started a month ago. Ramazan is finishing in 4-5 days time [A/C to UK 4 days].
KSE 100 Index is -6.60 Negative and Engro is the leading scrip once agian with 0.35 Million shares. Total no of trades = 1,440 till now (11:51 AM). So, can’t see any hope here. Thinking to add some new things, ok will talk you soon INSHALLAH. Also do some IBADAT on 27th of Ramzan, its prescribed to do on all odd’s but atleast do on this one.
Allah Hafiz,
-abs
After Salam, I am going to finish this post because we are exactly at the same place where we were yesterday. Just KSE 100- Index dropped 8.31 more point reaching towards its 27 August freezing location of 9144 points. Almost 3 hours have already been wasted without any particular thing done. Still my stament is same, CHANGE AFTER Ramazan would probably occur.
Advice: Don’t waste your time, do some IBADAT because Ramazan is about to finish. You won’t see any change here till EID [until some extra ordinary thing happen] -: ) 55 Minutes are remaining, and only 1.3 MIllion share has been traded till now. 45 minutes to go now and KSE 100- Index is same at -8.31.
Ok people I am OFF, have to do some other things. Will talk you later, until then ALLAH HAFIZ.
-abs
2 hours have gone and only 7 Millions shares worked out till now. If it will remain like this, then you would see another low volume record is going to break today. How Dumb!… KSE 100 index is at 8.55 Negative. It seems that no one is even bothering. After EID, we all hoping for some better change. Another aspect is Freezing policy, which can also be reviewed after few days time. So all and all, wait and see. Don’t think about selling Engro, it will go up.
This can be working senerio, but the environment is the main difference. You will see the same situation in high trade volume days, but once kick-off. Freezing Policy & Ramazan are the main reasons of current non interesting behaviour. As I discussed before that few very prominent brokage houses have very high debit acoounts which realy need to be recovered otherwise they will be in the ground, and this Freezing strategy is mainly implemented to help them. But this does not work, they are only able to stuck into one steady point without giving any sort of benefit to their targeted opponents.
Only 7 minutes reamining in KSE to finish today’s trading. Its about to break another low volume record-: ) Market closed at negative 8.76 points. Total No of trades = 2,131 with volume of 9.4 Million.
That’s it for today’s stuff, will come with more.
Allah Hafiz,
-abs
AoA,
Here with start with some KSE updates of 23-09-2008,
- Today trend seems positive because announcement of new support fund. A good news for KSE -: )
- MCB touching the roof, leading with 3.25 positive today.
- MCB back to Blue Zone, what a dynamic behaviour.
- In first half an hour, MCB already did 1.1 Millions shares business. High activty.
- KSE 100 Index went to slightly negative with 1.47 points.
- Again entered into deadzone, nothing ON.
- -2.09 negative at the momnet. (11:19 AM)
- Half an hour to go and we are at -1.06.
- KSe 100- Index closed at 0.71 negative.
Will update with more news, thanks for reading our website with such an huge demand.
Allah Hafiz,
-abs
AOA,
Few updates with today’s (22/09/2008) live trading session,
- KSE has better trades average than friday. Again Engro can be determined as market leader according to investors interest.
- Market struggling at negative 0.84 points.
- After Ramazan, we shall see some better change in KSE INSHALLAH.
- 1 hour and 26 minutes to go, and market transacted about 4250 trades till now.
- Look from last 2 hours, KSE 100 index is moving from -0.89 to -0.80. How dull it is, you can easily understand.
- 22 minutes reamaining in market to close, negative 0.38 with 3.5 million volume only.
- Market closed at the same points where it was 22 minutes before, 0.38 negative.
Hoping for the better change in KSE, will come with next post.
Allah Hafiz,
-abs