Author Topic: PSX -- Pakistan Stock Exchange formerly Karachi Stock Exchange  (Read 6572592 times)

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Offline Thelma

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Re: PSX -- Pakistan Stock Exchange formerly Karachi Stock Exchange
« Reply #39019 on: July 13, 2019, 12:52:07 AM »

Out of total population of 25 crore people only 586,000 pay tax. There are 4.9 million commercial meters but only 1 million file tax return. Counties cannot run like this. Historically the rulers have taken heavy loans to fund the tax gap, major portion of loans went in the pockets of these corrupt elements and remaining was spent on cosmetic projects like Orange train, Metros. These rulers for their own sake, did not collect tax from traders and hence corrupted the whole system. In West there is almost 45% tax on income then there are indirect taxed like VAT and then there are road taxes, heavy vehicle taxes, life style taxes.

We have just avoided the situation of default coutesy to IK and support from China, Saudi Arabia, UAE and Qatar. Now the government is taking some hard measures because we have to repay 32 billion dollars to IMF and China in next 2 years. The illeterate people have no clue what sort of mess we were in just an year ago and how we have get out of it. When Nawaz Sharif and Zardari were taking loans like crazy, did anybody ask why we are taking such huge amount of loans. Traders in this country are the biggest mafia, look at Cement dealers, they are on strike because they donot want to present copy of ID card of buyer in excess of Rs 50,000 why because previously they were receiving sales tax from unregistered persons but were not depositing in government treasury, similar practices are followed by big restaurants, bakeries etc. Whole corrupt system is falling brick by brick so obviously status quo will resist, they will try to give an impression that country is in a state of collapse, the reality is that it already collapsed, these morons were not doing any value addition through artificial boom of real estate which was only used to launder money but there was no tax collection.

Will one imagine that textile industry made exports of 1200 billion Rs last year and just paid 12 billion tax. So the thieves will make some noise but they will be taken to task, now government and E both realize that if corrective measures are not taken and these mafias are not crushed the country cannot survive. Till this battle ends, remain on sidelines as the index will take masive hit, in theend government is going to win and take entry around 28,000. 



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   Re: PSX -- Pakistan Stock Exchange formerly Karachi Stock Exchange
« Reply #39012 on: July 11, 2019, 04:14:47 PM »Quote Add Multi Quote Remove Multi Quote Quote from: ajeebkhan on July 11, 2019, 03:45:56 PM
Quote from: stuka on July 11, 2019, 02:18:31 PM
Quote from: ajeebkhan on July 11, 2019, 07:18:22 AM
https://tribune.com.pk/story/2010444/1-pm-imran-assures-govts-support-karachis-business-community/?amp=1
Niazi PM is IMF Representative, PM bannay ka sirf aik maqsad TAXES TaXES TaXes .. more Taxes..
Do cheezain aik saath nahin chal saktin .. accountability and taxes reforms. Business community se panga laina itna asaan nahin PM saheb.

ajeb thakkar soch ha bhai ye. Tax na lay to pallay se kaisay chalaye wo mulk. Jahil leader hta araam se qarz lay kr awaam may phaink deta paisa different un necessary projects lga kr or awaam khush or govt ka time b pora. per jb wapis krnay ha paisay to tb jo ayega wo khudi dekhay ga. ejeb jahilaa soch ha ye. Tax he wahid rasta ha bhai . patwari soch se bahir niklo
Tujhe bara shouq hai Bhai tax denay ka ... Kitna tax dai yeh awam ?? Line se batata jaa Raha hon count karna ham awam kab kab Kahan Kahan taxes daitay Hain..
Salary pe tax
Grocery pe tax
Property pe tax
Utility bills pe tax with additional taxes
Property pe tax
Bank cash withdrawal pe tax.
Mobile phone pe tax
Vehicle tax
Wealth tax
Entertainment Tax
Travel taxes , shadi bia pe tax ... Bla bla..
Badlay Mai ham awam ko Kiya milta hai ? Agar Allah na karay ham beemar mazoor bairozgar old age hojain tou Govt pochti nahin palat Kar hamko.. Bhai ye Pakistan uska hai Jo Government Servant hai..
Duniya ke kis country main NIC card dikha Kar shopping hoti hai ? Ajjeb o gharib kism ke fatigues khari ke jaa rahee Hain business community k liay..

kbhi bahir reh kr ao lg pta jaye apko.

apka bhai 24000 in pkr overspeeding ka fine deta rha ha. idr ktna fine ha??????  bahir to line may lg kr yehi pakistani pathano k tanduur se roti letay (UAE Saudia). koi kehta b nahi k line bnao khudi bna letay. dar ha danday ka fine ka. paidal crossing per kbhi fine hua kisi ko pak may?? udr meray samnay meray dost ka hua 200 dirham ka.

or koi is tarha ka fine ya tax ginwaoun??

per hour 3 dirham parking tkt ha main pr or side pr 2 dirham. agr na tkt display ho to 200 dirham ka fine. 5 mint late hua to 200 thuk gya.

or han agr na jama krao to airport pr rok letay k jma kra kr jao.

ab ap kaho bht zalim log ha....

pr log khushi khushi jatay udr
The illiterate Followes of N n Z will never  understand Salman s analysis ....if u want to know what kind of morons follow Nawaz. Just listen to baji Mariam ...

Pakinvestorsguide

Re: PSX -- Pakistan Stock Exchange formerly Karachi Stock Exchange
« Reply #39019 on: July 13, 2019, 12:52:07 AM »

Offline safdarkbw

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Re: PSX -- Pakistan Stock Exchange formerly Karachi Stock Exchange
« Reply #39020 on: July 13, 2019, 08:09:44 AM »
Koi Time thaa PSX world ki Best Market thi
Ab dull Market hai.Ae din Discount Rate main
Izafaa ho raha hai jiss ki vaja se Market crash
Ho rahi hai.
Public aour Investors aour Fund Sub side Line ho rahay hain.
Tabdeeli Serkaar ne Mulk ko Tabahi k dahanay per ponchaa Diya.
Current situation ko dekhtay ho e Lagta yahi
Hai k Market 2008 wali History ki Taraf ja Rahi hai.
Market main Free Faal start honay Wala hai.
Kaash hum ne Tabdeeli Serkaar ko Voot na diyay hotay. huhu huhu huhu huhu

Offline Farzooq

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Re: PSX -- Pakistan Stock Exchange formerly Karachi Stock Exchange
« Reply #39021 on: July 13, 2019, 11:27:39 AM »
Market Review for the week

Weak sentiments prevailed in the market during the week amid clouds of uncertainty driven by low confidence on recent documentation measures proposed in the budget. Call for strikes and shutdown of prime markets created further pressure where lack of amicable resolution resonated with the market participants. Resultantly, the market activity slowed down as evident by 41% and 36% WoW drop in ADTO and ADTV to 51mn shares and USD13mn, respectively. All in all the market was seen losing 518 points by end of the week to stand at 33,672 points, down 1.5% WoW.

Among sectoral developments, automobile sales for Jun’19 were noted at 17.6k units (a drop of 2% MoM) taking FY19 sales to 240.6k units (a drop of 7% YoY). The much anticipated Suzuki Alto sales kicked off during the month that are expected to shore up as new model euphoria is expected to prevail.

For the third consecutive week, foreign investors remained net buyers during the outgoing week accumulating positions worth USD5.2mn (four days). This was mainly concentrated in Power (USD2.3mn) and Cements (USD1.6mn). On the other side, Fertilizer (USD0.2mn) witnessed outflows. Amongst domestic investors, Companies (USD7.7mn) and Mutual Funds (USD5.2mn) were seen offloading positions while Brokers (USD5.9) were seen absorbing liquidity.

Outlook

The upcoming week is expected to depict recovery in volumes as efforts may shore up to alleviate grievances surrounding documentation measures. Next week’s scheduled announcement of the bi-monthly Monetary Policy Committee (MPC) statement is likely to be a key sentiment driver for the market where we expect 100bps increase in Policy Rate. Scheduled release of key data points such as Current Account Deficit and detailed trade figures are also expected next week. Our top five picks are OGDC, MCB, EFERT, LUCK and HUBC.
TOP PICKS
Engro efert ogdc ppl pso dgkc luck hubc ubl hbl atrl nrl nml efoods aicl hcar searl

Offline ajeebkhan

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Offline aatradekhi

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Re: PSX -- Pakistan Stock Exchange formerly Karachi Stock Exchange
« Reply #39023 on: July 15, 2019, 05:35:44 PM »
Foreign Direct Investment (FDI) for Jun declined by 58%YoY to US$130mn.
During FY19, FDI witnessed decline of 50%YoY to US$1,737mn

Offline ajeebkhan

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Re: PSX -- Pakistan Stock Exchange formerly Karachi Stock Exchange
« Reply #39024 on: July 15, 2019, 08:31:19 PM »
https://tribune.com.pk/story/2012667/1-pakistan-slapped-6-billion-penalty-reko-diq-case/?amp=1
Ghareebi main aata geela.. :skeptic:
Tabdeeli aae raai Tadeeli aae raai...
Banay ga Naya Stock Exchangee..
Banay Ga Naya Pakistann.

Offline aatradekhi

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Re: PSX -- Pakistan Stock Exchange formerly Karachi Stock Exchange
« Reply #39025 on: July 16, 2019, 04:51:45 PM »
INTEREST INCREASED BY 1% TO 13.25% :shoaby:

Offline salmankaramat

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Re: PSX -- Pakistan Stock Exchange formerly Karachi Stock Exchange
« Reply #39026 on: July 16, 2019, 07:37:50 PM »
Everyone else were sellers today only individuals were buyer Who just were fooled by few brokerage houses. Tomorrow onwards they will learn their lesson.

Offline ajeebkhan

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Re: PSX -- Pakistan Stock Exchange formerly Karachi Stock Exchange
« Reply #39027 on: July 16, 2019, 07:41:14 PM »
Everyone else were sellers today only individuals were buyer Who just were fooled by few brokerage houses. Tomorrow onwards they will learn their lesson.
In Netsol also ?

Offline HAMDANI_Punjtani

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Re: PSX -- Pakistan Stock Exchange formerly Karachi Stock Exchange
« Reply #39028 on: July 16, 2019, 08:25:05 PM »
Tomorrow kafi volatile ho ga
BOP,ENGRO,TGL,KEL,HASCOL,Efoods,Dgkc,ffbl

Offline ajeebkhan

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Re: PSX -- Pakistan Stock Exchange formerly Karachi Stock Exchange
« Reply #39029 on: July 16, 2019, 09:35:48 PM »
Tomorrow kafi volatile ho ga
33200 pe selling aa rahee hai since 6  sessions.. aur band nay apna lower lip bhi expand Kara hai for further downside . :skeptic:

Offline optimistic

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Re: PSX -- Pakistan Stock Exchange formerly Karachi Stock Exchange
« Reply #39030 on: July 17, 2019, 12:03:55 AM »
Tomorrow kafi volatile ho ga

Discount rate hike 100bpts negative impact already priced-in . Now keep eye on monthly CPI numbers and forget about further rate hike for next 2 months.
TOP Scripts as below: Updated (28th Nov, 2016)
1. Wyeth, 2. SHJS, 3. FFLNV, 4. TGL, 5. BERG, 6. APL, 7. PKGS, 8. EPQL, 9. ISL, 10. FFBL. 11. TRIPF. 12 ASL

I am not perfect. Please do your own research my comments / or views may not prove accurate, nor i advise anyone to act upon on my recommendations, nor i accept any responsibility on me. Your money, your gain / or loss, before investing into any script better you gain sufficient knowledge of business and calculate risk accordingly as per your risk appetite.

Offline salmankaramat

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Re: PSX -- Pakistan Stock Exchange formerly Karachi Stock Exchange
« Reply #39031 on: July 17, 2019, 03:47:37 AM »
Further hike of 100bps is not priced in at All, before this hike companies are struggling with the results, after this hike most of the companies will take big financial hit, now Pakistan will not be able to defer the fine of 6 Billion dollar on Rekodek which will put further pressure on economy and market. On technical charts, area of 28,000 is fully exposed now.

Offline Investonly

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Re: PSX -- Pakistan Stock Exchange formerly Karachi Stock Exchange
« Reply #39032 on: July 17, 2019, 08:38:49 AM »
Further hike of 100bps is not priced in at All, before this hike companies are struggling with the results, after this hike most of the companies will take big financial hit, now Pakistan will not be able to defer the fine of 6 Billion dollar on Rekodek which will put further pressure on economy and market. On technical charts, area of 28,000 is fully exposed now.

You will disappear shortly

Offline ajeebkhan

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Re: PSX -- Pakistan Stock Exchange formerly Karachi Stock Exchange
« Reply #39033 on: July 17, 2019, 08:46:21 AM »
Further hike of 100bps is not priced in at All, before this hike companies are struggling with the results, after this hike most of the companies will take big financial hit, now Pakistan will not be able to defer the fine of 6 Billion dollar on Rekodek which will put further pressure on economy and market. On technical charts, area of 28,000 is fully exposed now.
Itni uncertainity create karnay ke zaroorat nahin .. interest rates already bohat high hogai hain almost 13.25. ab bohat bohat hua tou iss Mai in long run 100 bps ka izzafa ho sakta hai.. iss Kay baad dollar rally bhi freeze hojai gee aur market bhii Rangebound hojai gi.
Reko dek koe itna bara issue nahi hai .. iski settlement near in future hojai gee ...main issue FATF hai agar Pakistan FATF blacklist hota hai tou......aagay aap logg khoob behtar jantay hain

Offline ajeebkhan

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Re: PSX -- Pakistan Stock Exchange formerly Karachi Stock Exchange
« Reply #39034 on: July 17, 2019, 08:58:03 AM »
Governor state bank Baqar Raza sahi keh Raha hai from third quarter of this financial year 2019-20 interest rates aur forex market Mai stability ajai get jis se inflation yaqenan control hogi. Govt nay Jo targets achieve karnay thai woo 90% achieve Kar liay hain
..it means in future downside for stock market is limited and market will trade in very thin trading band.

Offline salmankaramat

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Re: PSX -- Pakistan Stock Exchange formerly Karachi Stock Exchange
« Reply #39035 on: July 17, 2019, 10:40:37 AM »
JUst let the results for June 2019 come out and we will see with our eyes, i support government in these recent measures but the impact of economic slowdown and sharp increase in interest rates and devaluation are yet to be reflected in the financials. Now Rekokdek cannot be further put under carpet, most likely government will go for settlement for which still it will have to pay 3 to 4 billion dollars, which will be a huge punch. FATF we all know we are in mess, during last 2 year we have just been able to comply 2 conditions out of 29 so one can well imagine where we are heading towards. Then there is no confidence movement for Chairman senate coming in next week along with threat of strikes, sit ins by the chor parties which will create quite a bit of political uncertainity. I guess, if all goes well till October and we are not put on FATF black list then market will start performing, before that no point in investing, i have seen people stuck at 38,000 level because they assumed that the downside was limited, downside is very subjective thing, if market looses another 4,000 to 5,000 points what difference it will make and technical charts also are signalling towards it.

Offline Imran Ali

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Re: PSX -- Pakistan Stock Exchange formerly Karachi Stock Exchange
« Reply #39036 on: July 17, 2019, 10:43:21 AM »
Further hike of 100bps is not priced in at All, before this hike companies are struggling with the results, after this hike most of the companies will take big financial hit, now Pakistan will not be able to defer the fine of 6 Billion dollar on Rekodek which will put further pressure on economy and market. On technical charts, area of 28,000 is fully exposed now.

True

Offline Farooq Qadir

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Re: PSX -- Pakistan Stock Exchange formerly Karachi Stock Exchange
« Reply #39037 on: July 17, 2019, 11:02:56 AM »

AKD Daily

Pakistan Economy: SBP signals an end to tightening

•   In a pre-emptive move, the Monetary Policy Committee (MPC) has raised the policy rate by another 100bps to 13.25%, accommodating expected inflationary pressures arising from recent Rupee depreciation, fiscal and utility rate adjustments.

•   Interestingly, the Monetary Policy Statement carries a pretty ‘dovish tone’, signifying the tightening cycle reaching its peak. The same is also evident from rather soft central bank’s inflation expectations and real GDP growth estimates for FY20.

•   While parallel fiscal tightening complemented by the bar on federal borrowing from the SBP allows the central bank to soft pedal on the monetary front, we look forward to upcoming inflation readings (i.e. 1QFY20) and market participation in the upcoming T-bills/PIBs auction to draw conviction on the end of tightening cycle.

•   The end is nigh with clarity beginning to emerge on economic steps and concurrent results—with an interest cycle crest being the first. SBP’s discourse on completion of adjustment program should provide the investment community with much needed confidence where Pakistan’s undemanding valuation set (P/E: 6.7x, D/Y: 8.2%) appears a bargain.

•   The KSE-100 should ideally cheer the latest MPS where preferred sectors / scrips include Banks (MCB, MEBL), Oil (OGDC, PSO), Textiles (NML) and Power (HUBC).

AKD Research
POL, ENGRO,ACPL,AHL,EFERT,ATRL,AICL,PAKRI, HBL,EFERT,BOP,OGDC

Offline salmankaramat

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Re: PSX -- Pakistan Stock Exchange formerly Karachi Stock Exchange
« Reply #39038 on: July 17, 2019, 11:44:06 AM »
De diya na maal janta ko, aisay hi pagal banatay hain (rate hike priced in hai, Rekodek settle ho jaye ga, FATF par kuch nahi hoga) aur saath hi maal janta ko chipka detay hain. Sice yesterday evening big players started giving a hint that 100 bps rate hike is no issue and today by increasing rates on thin margins they further strengthened the perception and when people fall in trap, they not only squared their long positions, rather initiated shorts and here we are, those who have bought Lucky at 390 are watching helplessly.