Tomorrow PSX Stock market is going to crash as it going be downgraded.

[Desprado]

Tomorrow PSX Stock market is going to crash as it going be downgraded. 35000 to 38000 is expected in Oct 100%.

https://twitter.com/x/status/1435139353836023813

https://twitter.com/x/status/1435104683916505089

In direct affect of delaying IMF program and ignoring Waqar Massoad warning 3 months ago that we could have all avoided this by just by resume IMF program, which Shaukat Tarin instead not to and renegotiate IMF, which did not happen and leading Shaukat Tarin to beg IMF in on Oct 13th to go Washington to reduce more hard condition, which is about come because PTI 100% more worse position than 2018.

 

[blueazure]

if EFERT is available on the cheap , im all in ( though i still believer 35k is rather far fetched )

EFERT @ 65 would be a good entry - 55 would be a juicy

 

[H!TchHiker]

Lol 35k , 38 ? It's not even going towards 40,000 .....most of the selling is already done ...just few hundred point more at maximum ..it will be good since FM funds will generate healthy buying in few months

 

[TheDarkKnight]

Looks like you are the new focal person from PMLN social media team to spread negativity about Pakistani economy here now, for last few months it was being done by someone called fools something.

 

[Crimson Blue]

Tomorrow PSX Stock market is going to crash as it going be downgraded. 35000 to 38000 is expected in Oct 100%.

In direct affect of delaying IMF program and ignoring Waqar Massoad warning 3 months ago that we could have all avoided this by just by resume IMF program, which Shaukat Tarin instead not to and renegotiate IMF, which did not happen and leading Shaukat Tarin to beg IMF in on Oct 13th to go Washington to reduce more hard condition, which is about come because PTI 100% more worse position than 2018.

This news was first surfaced in July 2021. Old news, its effects has already been factored in.

Why Pakistan's expected MSCI downgrade to FM index may be a positive development

 

[Chacha_Facebooka]

Did it crash?

 

[Maula Jatt]

Did it crash?

search up PSX

 

[Chacha_Facebooka]

search up PSX

I don't understand this stuff. I am just wondering if what he said would happen, happened.

 

[Patriot forever]

Did it crash?

Nope it did not a 0.7 drop (300-400 point) . Most of the brunt is already absorbed and replaced by local investors. The negative sentiment is due to higher CAD and unstable Afghanistan situation. Afghans in Pakistan are remitting about $1-2 m everyday along with $6-7m loss in revenue each day as trade was closed in August ( Brecorder) . Don't know about now.

Basically market needs positive sentiment, liquidity is there with the local investors. IMF review is scheduled this month also, so overall an anxious situation.

BTW people who are confused about MSCI ratings. The problem is internarional investors have long lost interest in PSX.

https://twitter.com/x/status/1435422273717035009

https://twitter.com/x/status/1435422279433920512

https://twitter.com/x/status/1435424824147562498

 

[AZ1]

While

Toyota announces over $100m investment in Pakistan for local production of HEV

 

[The Eagle]

Posting such poor prediction based threads is also like a tool to influence & create fear among people for desired ill results. No more please.