Author Topic: PSX -- Pakistan Stock Exchange formerly Karachi Stock Exchange  (Read 6856409 times)

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Offline Ali

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Re: PSX -- Pakistan Stock Exchange formerly Karachi Stock Exchange
« Reply #40019 on: October 12, 2019, 11:34:02 PM »
Sirf index par nazar nahin rakhain ... Zaroori nahin Kay chaltay index k saath apki holding bhi upside response karay..in past week we saw bearish behaviour in Steel Sector specially ISL and Automobile sector also didn't response , Refinery sector main bhi theek thaak kism ke selling aa rahee hai , Banking sector main iss achi tezi main bhi key Bank NBP perform nahin Kara , cement sector profit taking mode main hai ..
Pichlay week inn loggon nay LUCK aur OGDC aur dosray item Chala Kar public ko tezi main dalaa.. 
Economy itni on track hue nahin hai jitna ye logg media par shorr macha rahay Hain ..
Bohat Ehtiat see daily basis par kaam karain ..

Rightly said. Good one

Pakinvestorsguide

Re: PSX -- Pakistan Stock Exchange formerly Karachi Stock Exchange
« Reply #40019 on: October 12, 2019, 11:34:02 PM »

Offline optimistic

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Re: PSX -- Pakistan Stock Exchange formerly Karachi Stock Exchange
« Reply #40020 on: October 13, 2019, 12:11:49 AM »
FATF Week, 13-18 October 2019

Starting Sunday 13 October, representatives from 205 countries and jurisdictions around the world, the IMF, UN, World Bank and other organisations, will meet for FATF Week in Paris, France.  Six days of meetings will focus on disrupting financial flows linked to crime and terrorism and discuss ways to contribute to global safety and security. 
FATF Week will conclude with the Plenary, the first Plenary under the Chinese Presidency of Xiangmin Liu, from 16 October.  Among the important issues to be discussed are:

Assessing whether countries are regulating the virtual asset sector to prevent its misuse for crime and terror

Discussing the potential impact of "stablecoins" on the supervision of virtual assets, how to mitigate the risks, and FATF’s briefing to G20 on this issue 

Assessments of Russia and Turkey’s measures to combat money laundering and terrorist financing  

Actions taken by Denmark, Ireland, Norway, Saudi Arabia, Singapore and Spain since their assessments

Progress by Iran, Pakistan and other countries that present a risk to the financial system

Discussing FATF initiative to combat financial flows from the illegal wildlife trade

Adopting best practises on the beneficial ownership of legal persons, and a consultation on guidance on digital identity.

Developments in the financing of ISIL, Al-Qaeda and Affiliates

In addition, FATF will receive reports from organisations including the IMF, World Bank, United Nations, OECD, OSCE, Egmont Group of Financial Intelligence Units, CARIN, EBRD, ECB, Europol, GIFCS, IAIS, the 9 FATF-Style Regional Bodies and others.
 
Press briefing
The FATF President will be giving a press briefing on the outcomes of the FATF Plenary on Friday 18 October at 12:00.  To register, journalists should write to contact@fatf-gafi.org, with their name, media, job title and national press card number. 
TOP Scripts as below: Updated (28th Sept, 2019)
1. Feroz, 2. Hinoon, 3. Akzo, 4. Mughal, 5. DCR, 6. APL, 7. CPPL, 8. Engro Corp, 9. Hubco, 10. Searl. 11. TRIPF. 12. Sanofi Aventis.

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.

Online ajeebkhan

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Re: PSX -- Pakistan Stock Exchange formerly Karachi Stock Exchange
« Reply #40021 on: October 13, 2019, 12:43:38 AM »
Sirf index par nazar nahin rakhain ... Zaroori nahin Kay chaltay index k saath apki holding bhi upside response karay..in past week we saw bearish behaviour in Steel Sector specially ISL and Automobile sector also didn't response , Refinery sector main bhi theek thaak kism ke selling aa rahee hai , Banking sector main iss achi tezi main bhi key Bank NBP perform nahin Kara , cement sector profit taking mode main hai ..
Pichlay week inn loggon nay LUCK aur OGDC aur dosray item Chala Kar public ko tezi main dalaa.. 
Economy itni on track hue nahin hai jitna ye logg media par shorr macha rahay Hain ..
Bohat Ehtiat see daily basis par kaam karain ..

Rightly said. Good one
Current Economy ke true picture paish karnay k liay main apna experience share karta hun ..
Main apni woo shop jis Mai aaj se dairh saal bhar pehlay takk apnay super store see tamam expenses nikal ksr 125000 150000 Rupia mahina takk Kama liya karta tha iss saal January takk woo nafa ghat kar 100000 80000 takk agaya tha kionke imported items ke sales par acha khasa farak para tha .. tou Mai nay soocha ab shop ko rent out kardon tou behtar hoga .. aap yaqeen karain Feb 2019 ko first tenant k saath agreement Kara woo 4 mahina chal paya phir June Mai second tenant k saath agreement Kara tou iss month uska October rent Wala cheque bounce hogaya .. lagta nahin Kay woo bhi 2 3 mahinay see agay chal Pai ga ..
Kaam dhandha sab ka chopat hai aik Damm .. Alam yeh hai kay sabzi mahengi hai aur fruits sassty Hain it means public pehlay zarorat ke cheezon ko dekh rahee hai phir secondary stuffs like fruits , clothes  , furniture , cars , electronic items, aur other luxuries ke taraf bas daam pooch k hee nikal jati hai... Un-employment inteha he hadd takk hogaee hai.. Jo banda jidhar laga hua hai darr k maray wirhout confirmation.to other institution resign daikar achi nokri dhondhnay ka sooch bhi nahin sakta ..

Offline Farzooq

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Re: PSX -- Pakistan Stock Exchange formerly Karachi Stock Exchange
« Reply #40022 on: October 13, 2019, 12:39:42 PM »


Resistance at 36,000
TOP PICKS
Engro efert ogdc ppl pso dgkc luck hubc ubl hbl atrl nrl nml efoods aicl hcar searl

Offline Farzooq

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Re: PSX -- Pakistan Stock Exchange formerly Karachi Stock Exchange
« Reply #40023 on: October 13, 2019, 12:42:35 PM »
Economic Stability Rejuvenated Investors

Market Commentary

This week trading commenced on positive note attributable to Asia Pacific Group’s report on money laundering in which Pakistan was found partially compliant on majority of the issues which improved investors’ confidence. On the other hand, Prime Minister Imran Khan’s successful visit to China in which they expressed satisfaction on CPEC progress further improved overall sentiment. Moreover, news of increase in cement prices in the Northern Region as per PBS was the major driver for the Cement sector throughout the week. Decline in money market yields and inversion of the yield curve continued to attract investors back to equities. As a result, the benchmark KSE-100 index closed above the 34K mark at 34,476pts, increased by 1,442pts or 4.37% WoW.

Contribution to the upside was led by i) Commercial Banks (+492pts) amid expectation of healthier financial result, ii) Oil and Gas Exploration Companies (+270pts) due to attractive valuation, iii) Fertilizer (+146pts), iv) Pharmaceuticals (+90pts), and v) Cement (+87pts).Scrip wise major gainers were HBL (+153pts), MARI (+116pts), UBL (+104pts), POL (+83pts), and HUBC (+76pts). Whereas, scrip wise major losers were ISL (-11pts), PMPK (-11pts), and EFUG (-8pts).

Foreign offloaded stocks worth of USD 4.15mn compared to a net sell of USD 4.7mn last week. Major selling was witnessed in Commercial Banks (USD 4.56mn) and Exploration & Production (USD 1.73mn). On the local front, buying was reported by Companies (USD 3.91mn) followed by other organizations (USD 3.59mn). That said, average daily volumes for the outgoing week were massively up by 28% to 284mn shares likewise value traded increased by 42% to USD 56.9mn.

Other major news: i) SBP reserves increase $16m to $7.7b, ii) Pakistan bonds evoke Egypt’s success tale, iii) Remittances drop 1.4% to $5.5bln in Jul-Sep, iv) ‘Stabilization efforts bearing fruit: SBP, and v) Pakistan yet to receive foreign aid worth $21.6b.

Outlook and Recommendation

We expect market to remain positive on the back of improving external account position, country witnessing foreign net inflows in T-bills and lower inflationary reading expected in October’19. On the other hand, government is focusing to manage twin deficits and to meet IMF’s second quarterly revenue and tax collection targets. However, FATF review is scheduled on 13-18th October to discuss Pakistan’s progress to control terror financing and corrective measures. Any favorable or unfavorable outcome could pose upside or downside risks to market performance. Our preferred stocks are OGDC, PPL, BAFL, MCB, LUCK, FFC, EFERT, ENGRO, FML, PSO, EPCL, ILP and ACPL. The KSE-100 is currently trading at a PER of 6.1x (2020) compared to Asia Pac regional average of 13.2x while offering a dividend yield of ~0.9% versus ~1.7% offered by the region.
TOP PICKS
Engro efert ogdc ppl pso dgkc luck hubc ubl hbl atrl nrl nml efoods aicl hcar searl

Offline Farooq Qadir

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Re: PSX -- Pakistan Stock Exchange formerly Karachi Stock Exchange
« Reply #40024 on: October 13, 2019, 07:25:53 PM »
Broker commission has been doubled . Except for shares less than Rs 4.99. this will applied on all brokers from 140oct transactions.
POL, PSO,AICL,SEARL,NRL,FFC,FFBL,UBL,OGDC,MUGHAL

Online ajeebkhan

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Re: PSX -- Pakistan Stock Exchange formerly Karachi Stock Exchange
« Reply #40025 on: October 13, 2019, 07:55:00 PM »
Broker commission has been doubled . Except for shares less than Rs 4.99. this will applied on all brokers from 140oct transactions.
Trading volumes tou phir bohat Kam hojain gay .. Jo mkt k liay acha nahin..

Offline Farooq Qadir

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Re: PSX -- Pakistan Stock Exchange formerly Karachi Stock Exchange
« Reply #40026 on: October 13, 2019, 08:19:58 PM »
Broker commission has been doubled . Except for shares less than Rs 4.99. this will applied on all brokers from 140oct transactions.
Trading volumes tou phir bohat Kam hojain gay .. Jo mkt k liay acha nahin..
double effect Rs 100 say zada walay shares pay ho ga. I think less than Rs 30 walay shares pay public key cost Kam hogee. Last Friday I HV sold 28k shares of UBL and paid RS 2800 as commission. Now as per new rule I HV to pay RS 6258 for commission if I purchase 28k UBL again on tommorow on same rates.
POL, PSO,AICL,SEARL,NRL,FFC,FFBL,UBL,OGDC,MUGHAL

Online aatradekhi

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Re: PSX -- Pakistan Stock Exchange formerly Karachi Stock Exchange
« Reply #40027 on: October 14, 2019, 10:15:38 AM »
*Outlook on Market:*
During the outgoing week, the 100 Index continued its north bound journey amid drastic drop in bond yields in secondary market (10yr PKRV fell from 12.03 to 11.34 within a week) as sentiment across both markets kept changing at a frantic pace. Sharp drop in T-bill yields during the auction added fuel to the fire (yields for 3M, 6M and 12M T-bills fell by 4bps, 28bps and 38bps, respectively) due to central bank accepting limited amount against a much higher demand / appetite. Market participation expanded exponentially as ADV shot up by 28% to 284mn shares and ATV went up by 42% to USD 56.9mn. Major gains to the 100 Index are attributable to rally in Banks (+492pts), E&P (+270pts) and Fertilizers (+146pts). Foreign Corporates were net sellers to the tune of USD -7.03mn compared to USD -6.71mn a week ago. On the domestic front, Banks and Mutual Funds were net sellers while Companies and Individuals were net buyers.
Final verdict on Pakistan's grey listing by FATF and onset of result season can inspire profit taking this week as sentiments cool down and the 100 Index retreats to cover trading gaps. Major supply zone extends from 35,100 to 35,500.
*Technical:*
Technically speaking, the 100 Index extended its rally and closed on a strong note last week. Immediate support is Wednesday’s low at 33,339. Immediate resistance and the next major supply zone is at 200EMA (35,073) and 50 WEMA (35,531)
*Stock specific:*
Voicing serious risks to its financial viability, the SNGP has opposed the      privatization of two LNG-based government power plants of 2,640MW without      absolving it of “take or pay” contracts with foreigner and local LNG suppliers. (Neutral for SNGP)
SHC has directed OGRA and SSGC to file a joint statement, indicating the funds      required to complete the gasification of 414 villages in province. (Neutral for SSGC)
Amid depressed demand, HCAR has launched BR-V with minor model change in a bid      to lure new buyers. (Neutral for HCAR)
Ufone and HBL have signed an agreement through which the latter has extended bilateral      trade finance in Chinese yuan for the import of cellular network equipment through Huawei Technologies Ltd. (Neutral for PTCL and HBL)
BAFL and MoneyGram have launched their new Home Remittance account deposit service to Pakistan for near instant deposit of home remittance in any bank account in Pakistan. (Neutral for BAFL)
SAPM on Poverty Alleviation and Chairperson of BISP has said that BISP signed a      contract with BAFL and HBL for the disbursement of financial assistance to deserving people. (Neutral for HBL and BAFL)
*Sector specific:*
During the month of September INDU sales went down by -2% while PSMC and HCAR saw a jump of 23% and 10%, respectively on MoM basis. (Neutral for Autos)
The SBP has reported that the private sector borrowings in the first quarter were      significantly lower than the last year with private sector retiring PKR      49.39bn in 1QFY19 vs net borrowing of PKR 113.09bn last year. (Neutral for Banks)
The World Bank has attributed the low reliance of Pakistani textiles and apparel exporters      on imported artificial fibers to exorbitant tariffs and regulatory duties on essential raw materials, which the bank said are four times the average in East Asia, including China and Taiwan.
*Important News:*
Pakistan GDP growth of 2.4% is projected lowest by the World Bank in regional      countries – Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal and Sri Lanka, for the FY20. (Neutral)
Pakistani delegation flew for Paris to attend FATF Plenary meeting that would take up Pakistan’s progress on AML/ CFT today. (Neutral)
Delegations of international financial institutions including the IMF, World Bank and      the ADB will pay visits to Pakistan in October and November as per the schedule. (Neutral)
SAPM on Information has said the government had decided not to sell national assets but offer public-private partnership to foreign investors. (Neutral)
*Currency:*
156.0652 (-0.07% on d/d basis)
*Macro:*
Trade deficit for Sept clocked in at USD 2.02bn vs 1.87bn in Aug – up 1.87% MoM and down 24.6%YoY. For 1QFY20 it stands at USD 5.73bn vs USD 8.79bn – down      34.9%
Remittances in September FY20 clocked in at USD 1.748bn, up 3% MoM and 18% YoY. For 1QFY20 remittances are at USD 5.478bn, down 1% YoY.
CPI in September went up 11.37% YoY and 0.77% MoM. CPI for August recorded at      10.49%. For 3MFY19 the inflation was up 10.08% YoY.
CAD for August came at USD 614mn, down -9% MoM and -15% YoY. For 2MFY20 the CAD clocked in at USD 1,292mn, down -55% on YoY basis.
FDI clocked in at USD 83.4mn in August, down 57.9% YoY. For 2 months FY20, FDI      clocked in at USD 156.7mn down 58.4% on YoY basis.
SBP kept the policy rate unchanged at 13.25% on 16th September, 2019 (in line with      consensus).

Online aatradekhi

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Re: PSX -- Pakistan Stock Exchange formerly Karachi Stock Exchange
« Reply #40028 on: October 14, 2019, 10:19:24 AM »

Online aatradekhi

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Re: PSX -- Pakistan Stock Exchange formerly Karachi Stock Exchange
« Reply #40029 on: October 14, 2019, 10:21:00 AM »

Online aatradekhi

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Re: PSX -- Pakistan Stock Exchange formerly Karachi Stock Exchange
« Reply #40030 on: October 14, 2019, 11:12:15 AM »
Today’s highlights include:
·         Economic turnaround has begun to appear
·         Economy stagnating amid big deficit, low reserves: WB
·         City’s remaining trash backlog to be cleared by Oct 21, says CM
·         Govt. to launch adopt-a-park plan in Karachi
·         Members of C40 mayors assure to improve Karachi’s environmental conditions
·         Export data to be critically examined today
·         Team leaves for Paris to attend FATF meeting
·         Pakistan Citizen Portal: PM warns against negligence in handling complaints
·         ‘Ultimate beneficial ownership’: SECP speaks about ‘complex’ legal structures challenge
·         Work on CPEC’s western route to be expedited
·         Pakistan, Turkey to sign agreement on medical care
·         National Medicine Policy to be announced next month: Zafar Mirza
·         Companies’ welcome US-China trade truce but disputes remain
·         Prince William and Princess Kate arrive today


Online aatradekhi

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Re: PSX -- Pakistan Stock Exchange formerly Karachi Stock Exchange
« Reply #40031 on: October 14, 2019, 12:03:16 PM »
Volume are up in future as compare to READY... :skeptic:

Online aatradekhi

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Re: PSX -- Pakistan Stock Exchange formerly Karachi Stock Exchange
« Reply #40032 on: October 14, 2019, 12:22:41 PM »

Online aatradekhi

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Re: PSX -- Pakistan Stock Exchange formerly Karachi Stock Exchange
« Reply #40033 on: October 14, 2019, 12:28:37 PM »

Online ajeebkhan

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Re: PSX -- Pakistan Stock Exchange formerly Karachi Stock Exchange
« Reply #40034 on: October 14, 2019, 03:50:14 PM »
Sirf index par nazar nahin rakhain ... Zaroori nahin Kay chaltay index k saath apki holding bhi upside response karay..in past week we saw bearish behaviour in Steel Sector specially ISL and Automobile sector also didn't response , Refinery sector main bhi theek thaak kism ke selling aa rahee hai , Banking sector main iss achi tezi main bhi key Bank NBP perform nahin Kara , cement sector profit taking mode main hai ..
Pichlay week inn loggon nay LUCK aur OGDC aur dosray item Chala Kar public ko tezi main dalaa.. 
Economy itni on track hue nahin hai jitna ye logg media par shorr macha rahay Hain ..
Bohat Ehtiat see daily basis par kaam karain ..
Hafeez Shaikh Bhai Economy data bachon ko sunaya karoo :laugh:

Online ajeebkhan

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Re: PSX -- Pakistan Stock Exchange formerly Karachi Stock Exchange
« Reply #40035 on: October 14, 2019, 04:20:35 PM »
Pora din selling chali .. jab jab mkt nay recover karna chaha market pitii.. har sector see selling aae ..
Kiya hi 400 Wala Lucky aur Kiya hee 4 rupay Wala KEL .. sab pitay.. TRG main tabiat wali selling dekhnay ko mili..
 :skeptic:

Offline Mohammad Zafar Siddiqui

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Re: PSX -- Pakistan Stock Exchange formerly Karachi Stock Exchange
« Reply #40036 on: October 14, 2019, 04:27:07 PM »
ATRL ME BEHI..... huhu

Online ajeebkhan

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Re: PSX -- Pakistan Stock Exchange formerly Karachi Stock Exchange
« Reply #40037 on: October 14, 2019, 04:29:14 PM »
ATRL ME BEHI..... huhu
Kasm Lai loo Mai nay nahin short Kara ATRL.. main nay tou NRL short Kara .. :console:

Online ajeebkhan

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Re: PSX -- Pakistan Stock Exchange formerly Karachi Stock Exchange
« Reply #40038 on: October 14, 2019, 04:49:51 PM »
Today Oil is Bearish more than 2%
It means Kal se Oil  Sector bhi iss selling Mai apna hissa dalay ga.. :skeptic: