Pakistan stock exchange rising like crazy again. 1000 point rise, 35000 barrier crossed

[Yaseen1]

When govt burn money to keep stock market high they are doing no different than ishaq dar who burned money in keeping dollar at low price

 

[Rasengan]

sure sure.


yes stock markets which work with interests all over the world are similar

but try doing this in any country apart from asia, we will see how long the game lasts.

stop defending the corrupt !!

I'm not defending the corrupt but your knowledge of the financial markets are lacking. You have no idea on this topic, where I have given reference to Wyckoffian logic. Richard Wyckoff studied and implemented the best practices of some of the greatest speculative traders of his time. These traders include Jesse Livermore, Rockerfella, Rothschild, Andrew Carnegie, Charles Dow and a bunch of other large operators. This is a major problem with Pakistani's they use emotions in an argument without using facts.

 

[hamilcar of carthage]

You are an electable. Go convince the government or blackmail them.

Nobody is stopping you honey.

you dont know anything about how stock market works so please refrain from stupid post

 

[Jf Thunder]

Where is it saying he injected money it only says market support fund likely. This is speculative theory not proof my friend not penny went into stock exchange till now.

whatever floats your boat then.

that explains everything. IMF refused to bail me out but it did bail IK out.

took quite some time to realize that

 

[El Sidd]

Ok

I give up.

Enjoy

 

[Verve]

This reminds of the past ...

They need to ban cash $ exchange immediately before this comes crashing.

 

[Rasengan]

Ok

I give up.

Enjoy

There are no winners, we are debating to increase our knowledge. If I sounded condescending then I would like to apologise. My whole point was to highlight that the Pakistani economy is in shambles and this is reflected through investor sentiment. Its the job of the Govt to enact policies and bring in reform to change this problem in the long term so both domestic and foreign investors have confidence.

 

[El Sidd]

There are no winners, we are debating to increase our knowledge. If I sounded condescending then I would like to apologise. My whole point was to highlight that the Pakistani economy is in shambles and this is reflected through investor sentiment. Its the job of the Govt to enact policies and bring in reform to change this problem in the long term so both domestic and foreign investors have confidence.

I gave up man. Enjoy.

btw the foreign investments, well the person involved quit his job yesterday citing pressure and sabotage.

 

[Skywalker]

When govt burn money to keep stock market high they are doing no different than ishaq dar who burned money in keeping dollar at low price

Where did you get this idea from. The stock market had to take the corrections and that’s what investors are doing mr. Economist.

 

[Yaseen1]

Where did you get this idea from. The stock market had to take the corrections and that’s what investors are doing mr. Economist.

There are rumors that govt has setup reserve fund for stock market which may be one reason of this.When dollar become expensive share price in rupees automatically rises as they are linked to dollars value which may result in some rise of stocks price.When govt raised interests more investors have bought financial instruments traded at exchanges due to high return and also banking companies shares are expected to rise but other companies like manufacturing companies may be effected badly

 

[Crystal-Clear]

Modi got elected in India, and KSE celeberating....
Wah this is called being true Neighbour

please elect yogi next time.

 

[Turingsage]

You do realise it is rising because Govt is using the states money to support the Stock market mafia and people here are cheering what is clearly considered illegal in other countries

https://tribune.com.pk/story/1975349/2-pti-govt-constitute-fund-stabilise-stock-market/

 

[Taimoor Khan]

You do realise it is rising because Govt is using the states money to support the Stock market mafia and people here are cheering what is clearly considered illegal in other countries

https://tribune.com.pk/story/1975349/2-pti-govt-constitute-fund-stabilise-stock-market/

https://www.dawn.com/news/1484079/indian-stocks-shed-gains-as-euphoria-over-modi-election-win-fades

Indian stocks shed gains as euphoria over Modi election win fades


The benchmark BSE index, which reached an all-time high of 40,124.96, ended 0.76pc lower for the day at 38,811.39. (1313 points shed)



You should be more concerned about what is happening in your own backyard.

 

[Wa Muhammada]

Pakistani stock exchange is a joke...
The key question is does it reflect the ground reality?

 

[Turingsage]

The benchmark BSE index, which reached an all-time high of 40,124.96, ended 0.76pc lower for the day at 38,811.39. (1313 points shed)

FROM AN ALL TIME HIGH. You would expect some profit taking. I certainly would sell to crystallise my profits. This all time high is not a manufactured one by illegally using government money to prop up a falling market.
What IK is doing is far worse than what Dar did to keep the dollar high to mitigate a drain on foreign exchange. IK is using government money to fill the boots of Stock Market speculators.
To artificially pump steroids into the stock exchange using government money.