KSE-100 Index Gains 208.32 Points

[BHarwana]

The KSE-100 index of pakistan stock exchange (psx) witnessed a bullish trend on Thursday as it gained 208.32 points or 0.57 percent to close at 36,787 points.

A total of 101,697,720 shares were traded, whereas the value of shares traded during the day stood at Rs 3.9 billion.



Out of 316 companies, share prices of 160 companies recorded increase while that of 128 companies registered decline whereas 28 companies remained stable in Thursday's trading.


https://www.urdupoint.com/en/business/kse-100-index-gains-20832-points-592510.html

 

[bananarepublic]

The KSE-100 index of pakistan stock exchange (psx) witnessed a bullish trend on Thursday as it gained 208.32 points or 0.57 percent to close at 36,787 points.

A total of 101,697,720 shares were traded, whereas the value of shares traded during the day stood at Rs 3.9 billion.



Out of 316 companies, share prices of 160 companies recorded increase while that of 128 companies registered decline whereas 28 companies remained stable in Thursday's trading.


https://www.urdupoint.com/en/business/kse-100-index-gains-20832-points-592510.html

Any predictions on economy my good tomato farming friend ?

 

[BHarwana]

Any predictions on economy my good tomato farming friend ?

Yep many predictions what do you want to know my friend?

 

[Peaceful Civilian]

Good news. Just this year is difficult. We have bright future. Just need consistency & political stability.

 

[Rusty]

Every time the market dips we get a hord of patwaris calling PTI and Assad Umar names.... By their logic, now that the market is up we should call PTI and Assad geniuses.

 

[BHarwana]

Every time the market dips we get a hord of patwaris calling PTI and Assad Umar names.... By their logic, now that the market is up we should call PTI and Assad geniuses.

Yep the economic cry field day has ended for many today.

 

[bananarepublic]

Yep many predictions what do you want to know my friend?

Is there gonna be increase in FDI in the coming months

 

[BHarwana]

Is there gonna be increase in FDI in the coming months

I don't understand what do you mean? FDI is already on the rise currently.

 

[SSGcommandoPAK]

I don't understand what do you mean? FDI is already on the rise currently.

Can we increase our exports by 3-5bn USD this year like many are forecasting ?

 

[H!TchHiker]

Yep the economic cry field day has ended for many today.

Market is not up...simple mathematics of last week changes will prove that..

 

[Skull and Bones]

This is a dead cat bounce, market is not even up by a whole percent.

 

[BHarwana]

Can we increase our exports by 3-5bn USD this year like many are forecasting ?

Pakistan will see a major boost in exports this year because with current dollar price up there is a huge gap in rice export market and rice cultivation will be record high this year. Indian currency is strengthening which ensures that Pakistani rice which is of better quality will be available cheap so Pakistan will grab a larger rice share in international market.

Cotton price has already gone up and even Vietnam will send a delegation next month to Pakistan for cotton purchase due to PKR being cheap but they will face huge buying competition from China and Turkey so their life will be hell in making purchases because both China and Turkey are moving with FTA. Farmers have been given a new life by PTI.

 

[SSGcommandoPAK]

Pakistan will see a major boost in exports this year because with current dollar price up there is a huge gap in rice export market and rice cultivation will be record high this year. Indian currency is strengthening which ensures that Pakistani rice which is of better quality will be available cheap so Pakistan will grab a larger rice share in international market.

Cotton price has already gone up and even Vietnam will send a delegation next month to Pakistan for cotton purchase due to PKR being cheap but they will face huge buying competition from China and Turkey so their life will be hell in making purchases because both China and Turkey are moving with FTA. Farmers have been given a new life by PTI.

I understand your point but in the past 10 years dollar has gone from 60 to 140 but our exports are still at 24-25bn USD and haven't increased.Why ?

 

[aasimanwaar]

Things will be better as soon as Pakistan makes deal with Imf. Market will be on positive trend and investment will improve.

 

[maithil]

One has to laugh if even less than 1% jump after days of constant downs is being reported as proof of some masterplan going right.