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Pak Equities / Re: NML -- Nishat Mills Limited
« Last post by alishahid84 on Today at 10:00:38 PM »
It has already halved in value. I think all these losses you are talking about are now priced in
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is the coming week is roll over week ???????

Yes
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Pak Equities / Re: ISL -- International Steel Limited
« Last post by optimistic on Today at 06:46:03 PM »
Dow Jones Iron and steel prices ..
4th June 2019   190 USD
19th July 2019   233 USD
22% price hike in a month :skeptic:

25 a jana hai

Drastic crashed in March it was 65 and now 29,
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Pak Equities / Re: ISL -- International Steel Limited
« Last post by 007 on Today at 04:33:32 PM »
Dow Jones Iron and steel prices ..
4th June 2019   190 USD
19th July 2019   233 USD
22% price hike in a month :skeptic:

25 a jana hai
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Pak Equities / Re: FCEPL -- formerly Engro Foods Limited
« Last post by 007 on Today at 04:32:22 PM »
such horrible results such high valuations

But TA indicate 100 khappay IA :fingerscrossed1:

 uuu
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is the coming week is roll over week ???????
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AOA fellows, need some suggestion
I left market in Dec-16 at around 45k i remember, and thereafter not following stocks regularly
last few days I m looking rates are too attractive... is this the right time to go back to stocks.
I am not a day trader, m kind of lazy investor evaluate good companies, select a couple, buy stock and then wait for Fair value to exit
 :thanks: in advance

Penny buying in selective stock of E&P OMC PHARMA is good for long term purposes.
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Pak Equities / Re: HCAR -- Honda Atlas Cars
« Last post by Ale_Abd on Today at 11:55:34 AM »
Hi All. Can some one advise, whats the best rate to buy Hcar under current scenario ??
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Market Review for the week

The trading session for the week exhibited dismal sentiments courtesy host of factors. Firstly, Monetary Policy Committee (MPC) statement for Jul’19 was announced with a 100bps increase in Policy Rate (in-line with BMA expectations). Secondly, Current Account Deficit (CAD) for the month of Jun’19 stood at USD995mn taking FY19 deficit to USD13.58bn. Thirdly, uptick in political noise was witnessed on the back of arrest of key political figures by National Accountability Bureau (NAB). On the other hand, inflow of USD991mn from IMF, resulting in total country reserves amounting to USD15bn, failed to lift investors’ sentiments. Resultantly, the KSE100 index fell 3.6% WoW or 1,214pts to stand at 32,459 index points, a level last seen in Mar’16. Nonetheless, market activity was seen rebounding from previous week rising 107% and 83% WoW with ADTO and ADTV at 106mn shares and USD23mn, respectivel.

For the week, foreign investors were net buyers accumulating positions worth USD4.2mn (four days). This was mainly concentrated in Banks (USD2.6mn) and Cements (USD1.5mn). On the other side, Fertilizer (USD0.7mn) witnessed outflows. Amongst domestic investors, Mutual Funds (USD13.8mn) were seen offloading positions while Individuals (USD7.4) were seen absorbing liquidity.

Outlook

Investor’s focus is now expected to tilt towards the upcoming maiden meeting of Prime Minister Imran Khan with President Donald Trump in USA on 22-Jul’19 that may lead to improvement of bilateral ties among the two nations. Moreover, PIB auction due in the upcoming week will be of key importance to guide interest rate direction (we believe interest rate has peaked after the recent rate hike). Further, with result season scheduled to kick-off next week, investors may go hunting for value picks, thus leading to increased market activity. Our top five picks are OGDC, MCB, EFERT, LUCK and HUBC.
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