• Monday, January 27, 2020

Pakistan Stock Exchanged Crashed: Down 1350+ Points

Discussion in 'Pakistan Economy' started by muhammadhafeezmalik, Oct 8, 2018.

  1. muhammadhafeezmalik

    muhammadhafeezmalik FULL MEMBER

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    Pakistan Stock Exchanged Crashed: Down 1350+ Points
    https://www.psx.com.pk/
     
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  2. Śakra

    Śakra SENIOR MEMBER

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  3. jaiind

    jaiind SENIOR MEMBER

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    why these south aisan stock markets are going down badly these days?
     
  4. Aryan0395

    Aryan0395 FULL MEMBER

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    Well reserves were already falling and this must have something to do with FATF team in pak checking into terror financing
     
  5. Path-Finder

    Path-Finder ELITE MEMBER

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  6. BHarwana

    BHarwana ELITE MEMBER

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    I just liquidated my stocks to reinvest them in accordance to new PTI govt policy in pro export business nothing to worry about it will change soon.

    :)
     
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  7. Śakra

    Śakra SENIOR MEMBER

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    Did you sell before the crash or during? Looks like pakistan's economy is collapsing.
     
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  8. BHarwana

    BHarwana ELITE MEMBER

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    I sold before the crash. Pakistani economy is under no threat from stock market remember your own words our volume is so little on the stock exchange. Hehehe :)
     
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  9. Death Professor

    Death Professor FULL MEMBER

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  10. SunilM

    SunilM BANNED

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    What I find weird is that this does not even elicit a response from the main stream media. its a 1500 points drop in a single day!.
     
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  11. Śakra

    Śakra SENIOR MEMBER

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    Good.

    I believe my words were the pakistani stock market is undeveloped. It doesn't necessarily reflect the ground reality. However, when you combine this crash with your horrible balance of payment and Forex amongst other declining indices, it paints a very bleak picture of your economy.

    It is an undeveloped market so no one is looking at it seriously. But, as my above comment points out in combination with other evidence it isn't a good sign.
     
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  12. Baby Leone

    Baby Leone SENIOR MEMBER

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    lol i see indians worry on Pakistan Economy seems thats a joke with their fake worrisome ugly faces with happiness inside.
     
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  13. nahtanbob

    nahtanbob BANNED

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    emerging markets are getting dinged
    it might be a good opportunity to buy
     
  14. Death Professor

    Death Professor FULL MEMBER

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    it will probably dip a little more before rising up. it's probably because of uncertainty on the IMF loan, it will start to rise again after we into IMF plan. No need to worry about..
     
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  15. SunilM

    SunilM BANNED

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    I am with you that its underdeveloped and infact thinly traded with a meagre market cap, so International media won't loose much sleep over the happenings in Pakistan and its economy but atleast the domestic media should do its job. My two cents.
     
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