• Friday, July 19, 2019

KSE-100 index crashes 906.5 points during intra-day trading

Discussion in 'Pakistan Economy' started by Champion_Usmani, Nov 5, 2018.

  1. Champion_Usmani

    Champion_Usmani SENIOR MEMBER

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    PSX-building.jpg

    LAHORE: The bubble of several days of gains at the Pakistan Stock Exchange (PSX) blew as the benchmark KSE-100 index plunged 906.50 points to 41,097.59 points on news of no announcement by China regarding financial assistance in a joint statement on Sunday.

    The KSE-100 index plunged to an intra-day low of 41,096.33 points and the hopes deflated the moment of some element of financial assistance expected from China didn’t come as anticipated.

    The market had been buoyed through most of last week gaining over 1,400 points in week and first time since April that all five sessions of the week closed in green.

    It had been noted that the declining stock market managed to revive in the second half of October only after Prime Minister Imran Khan visited Saudi Arabia and secured a bailout package of $6billion, with expectations of a similar aid coming from the UAE and the visit China expected to reap dividends.

    https://profit.pakistantoday.com.pk...-crashes-849-points-during-intra-day-trading/
     
  2. Champion_Usmani

    Champion_Usmani SENIOR MEMBER

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    وزیراعظم عمران خان سے چینی نظریں چرانے لگے، سٹاک مارکیٹ آسمان سے زمین پر آگری، اربوں روپے ڈوب گئے

    news-1541396478-4041.jpg

    کراچی (ڈیلی پاکستان آن لائن) پاکستان سٹاک مارکیٹ میں شدید مندی کا رجحان دیکھا جارہا ہے جس کے باعث سرمایہ کاروں کو اربوں روپے کے خسارے کا سامنا کرنا پڑا ہے۔

    ضرور پڑھیں: سپریم کورٹ کا آسیہ بی بی کی رہائی کا حکم لیکن وہ اب جیل میں کس حال میں ہے اور کن حالات کا سامنا کرنے پر مجبور ہوگئی؟ حیران کن خبرآگئی
    وزیر اعظم عمران خان کے دورہ چین کے دوران اب تک کوئی بڑا بریک تھرو نہ ہونے کے باعث سرمایہ کار بھی گوں مگوں کی کیفیت کا شکار ہیں جس کے اثرات سٹاک مارکیٹ پر بھی پڑ رہے ہیں۔ چین کی جانب سے تاحال پاکستان کیلئے کسی پیکج کا اعلان نہیں کیا گیا بلکہ مالی امداد کو مزید مذاکرات سے مشروط کردیا گیا ہے جس کے باعث بے یقینی کی کیفیت کا خاتمہ ممکن نہیں ہوسکا ہے۔

    ہفتے کے پہلے روز کاروبار کے آغاز پر ہی سٹاک مارکیٹ کا 100 انڈیکس شدید مندی کا شکار ہوگیا ہے۔ انڈیکس میں 843 پوائنٹس کی کمی دیکھی گئی ہے جس کے باعث یہ 41 ہزار 161 پوائنٹس پر ٹریڈ کر رہا ہے۔ سٹاک مارکیٹ میں اس مندی کے باعث سرمایہ کاروں کو بھی اربوں روپے کے خسارے کا سامنا کرنا پڑا ہے۔

    ضرور پڑھیں: مشکلات میں گھرے سعودی عرب نے غیرملکی ملازمین کو اب تک کی سب سے بڑی خوشخبری سنادی، اہم مسئلہ ہی حل کردیا
    خیال رہے کہ موجودہ حکومت کے آغاز سے ہی سٹاک مارکیٹ میں مندی کا رجحان برقرار رہا تاہم سعودی عرب سے ملنے والے پیکج کے باعث مارکیٹ میں بہتری آئی تھی لیکن اب ایک بار پھر مارکیٹ کو ریورس گیئر لگتا محسوس ہورہا ہے۔

    https://dailypakistan.com.pk/05-Nov-2018/875884

    @Maarkhoor @Jinn Baba @CIS-TRANS @Proudpakistaniguy @volatile @Ranches
    @Tameem @MUSTAKSHAF @BATMAN @SmartGeek @Pakistani Aircraft
     
    Last edited: Nov 5, 2018
  3. Champion_Usmani

    Champion_Usmani SENIOR MEMBER

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    پاکستان اسٹاک ایکسچینچ میں مندی کا رجحان

    کراچی: (5 نومبر 2018) پاکستان اسٹاک ایکسچینج میں کاروباری ہفتے کے پہلے روز مندی کا رجحان ہے۔ ہنڈریڈ انڈیکس میں آٹھ سو پوائنٹس کی کمی ہوگئی۔

    نئے کاروباری ہفتے کے آغاز پر پاکستان اسٹاک مارکیٹ میں مندی دیکھی جا رہی ہے۔ انڈیکس میں آٹھ سو پوائنٹس کی کمی ہوئی ہے اور انڈیکس بیالیس ہزار کی سطح سے نیچے آ گیا ہے۔ ہنڈریڈ انڈیکس اس وقت اکتالیس ہزار ایک سو سترہ پر ٹریڈ کر رہا ہے۔

    http://urdu.abbtakk.tv/pakistan-stock-exchnage-hundred-index/
     
  4. Canuck786

    Canuck786 FULL MEMBER

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    Yeh Tabdeeli Hai???
     
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  5. Champion_Usmani

    Champion_Usmani SENIOR MEMBER

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    Yes indeed, compare this govt's performance with the previous govt...

    and u will note a sharp/visible change but in reverse/decline...

    Market nosedives as hopes of Chinese aid die down

    Pakistan-stock-exchange.jpg


    The stock market was in a free fall right after trade opened on Monday as there was no news of an aid package from Beijing even on the last day of Prime Minister Imran Khan’s visit to China.

    The premier’s visit to China was the biggest trigger that has been driving market sentiments over the past few sessions. Investors’ expectations that the PM’s visit would result in some ‘good news’ helped the benchmark KSE-100 index close above 42,000 points, its highest level in the last nine weeks.

    However, the index, a gauge to measure the market performance, plunged on Monday, shedding over 2% or 900 points in the early trading hours, putting an end to the last week’s rally.

    Investors are disappointed because the Chinese didn’t commit any aid package as opposed to the market expectations, say analysts.

    The market remained bullish since the PM’s last month’s visit to Saudi Arabia. The friendly country pledged $3 billion in the balance of payment support and another $9 billion ($3 billion per year for three years) in oil credit. The package would help Islamabad shore up its dollar reserves, standing at a critically low level of $7 billion, to avoid a default on foreign payments.

    The market was expecting a similar package from China, which kept investors bullish and caused a rally last week.

    The PM’s visit is concluding on Monday (today), but no official announcement has been made as yet regarding any Chinese loan. The two countries have signed 15 agreements and memorandums of understanding for cooperation in diverse fields, but details have not been released yet. However, investors say no dollars were committed by the friendly country, which is why the market was bearish (down).

    Market analysts attributed the current investor sentiments to the PM’s visit, but a couple of them also said the Chinese may take a while before committing anything, unlike the Saudis who needed Islamabad’s support on political and diplomatic issues.

    Majority of analysts we spoke to ruled out any link between how the government handled recent protests by the right-wing religious party and the current market situation. However, they also cautioned these protests could affect the market negatively if they turn into something big and problematic.

    https://www.samaa.tv/news/2018/11/market-nosedives-as-hopes-of-chinese-aid-die-down/
     
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  6. python-000

    python-000 FULL MEMBER

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    bhai, status-co is going to broken there for this all is happening...
     
  7. Imran Khan

    Imran Khan PDF VETERAN

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    pakistani khid sara din pakistan ki negtive news dhundhty rehty hain interent per ta ke post ker ke political score kareen kitny sharam ki baat hAi na . siyasat bhut chutiya kam hai
     
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  8. Yaseen1

    Yaseen1 SENIOR MEMBER

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    It is due to international reasons most asia and u.s stock market is in loss today
     

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  9. Canuck786

    Canuck786 FULL MEMBER

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  10. WaLeEdK2

    WaLeEdK2 SENIOR MEMBER

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    Sanctions on Iran have been reinstated. That may have contributed a lot.
     
  11. Champion_Usmani

    Champion_Usmani SENIOR MEMBER

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    Imran Khan’s dance around donors

    The way Imran Khan is dancing around donors shows that the government did not have an action plan coming into power and has still not been able to formulate one. It is just groping in the dark trying to delay the inevitable. It is not doing anybody any favours. At the end of the day it will only add to the people’s burdens.







     
  12. Champion_Usmani

    Champion_Usmani SENIOR MEMBER

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  13. maithil

    maithil BANNED

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    Ah Well. At least he looked good in those photoshoots. Totally worth it.
     
  14. AZ1

    AZ1 SENIOR MEMBER

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