Wow what is happening to Pakistan stock exchange. Market up by 1215 points.

[maithil]

The rise was linked to reports that a market support fund is being considered for stabilisation of the Pakistan Stock Exchange by the government. Additionally, state-owned institutions have been purchasing shares in the market, DawnNewsTVreported.

 

[BHarwana]

@CHACHA"G" yesterday it was 191 points today it is 1239 points so far so now sata bazi theory has failed. This is continuing uptrend.

https://twitter.com/x/status/1130877896036376576

 

[CHACHA"G"]

Bro 1250 points ki sata bazi nahi hoti this means an inflow of PKR 20 billion at least. Math bhi kisi cheez ka naam hai meri jaan.
You cannot pump so much money in sata bazi.

This is not a one day rise yesterday market also went up. So this is consecutive gain. Market giving positive response to interest rate hike.

Acha bhai na mano tumari marzi…… Good to se this gain,,

 

[BHarwana]

Acha bhai na mano tumari marzi…… Good to se this gain,,

Shukar hai Allah Pak ka Bhai finally something made you happy.

 

[CriticalThought]

Good news ..so signs of recovery are already here

When a market with poor fundamentals provides high rates of return, it is the classical sign of a bubble. This is a stick market bubble and portends a sharp decline in the future when investors realize their returns. Based on economic theory, I predict severe swings in the future, although being human, I could be wrong.

 

[El Sidd]

FIA and NAB should investigate all government contacts.

PTI government is providing safe haven for economic terrorists by design and glorification of demagogue.

 

[Yaseen1]

it is not good if govt is spending money to keep market viable ,it would be much better if private sector and foreign investors make contribution to lift up stock market

The rise was linked to reports that a market support fund is being considered for stabilisation of the Pakistan Stock Exchange by the government. Additionally, state-owned institutions have been purchasing shares in the market, DawnNewsTVreported.

 

[maithil]

it is not good if govt is spending money to keep market viable ,it would be much better if private sector and foreign investors make contribution to lift up stock market

This intervention by Govt is halaal. As it helps rich people, who were losing money. Ishaq Dar's intervention was haram because he kept inflation in control.
As a matter of principle, I am against Govt's intervention in market.

 

[BHarwana]

This intervention by Govt is halaal. As it helps rich people, who were losing money. Ishaq Dar's intervention was haram because he kept inflation in control.
As a matter of principle, I am against Govt's intervention in market.

Take a break bro please prove a single penny thrown into market by govt?

 

[LeGenD]

Nothing to celebrate here.

 

[El Sidd]

Acha bhai na mano tumari marzi…… Good to se this gain,,

Please do not give up the fight.
Thanks.

Nothing to celebrate here.

just the deliberate government spread confusion and hysteria to cover up the loot.

 

[CHACHA"G"]

Shukar hai Allah Pak ka Bhai finally something made you happy.

Shukar hai Allah ka Mera Bhai bhi mujh say Khush howa……

Please do not give up the fight.
Thanks.

I will not , but feeling alone out their in cold.

 

[El Sidd]

I will not , but feeling alone out their in cold.

This government has isolated everyone who wanted betterment for the country.

 

[H!TchHiker]

So government bailing out rich and mafia brokers by issuing 20 billion tax payer money to support fund..Strange..while they have no money to subsidize poor...Once again government of riches for the riches..

 

[El Sidd]

So government bailing out rich and mafia brokers by issuing 20 billion tax payer money to support fund..Strange..while they have no money to subsidize poor...Once again government of riches for the riches..

they came to power to cater for the rich. the poor were ditched on day 1