Nervous trend observed on KSE
KARACHI: The Federal Information Minister's statement about additional taxation on capital market in the upcoming federal budget added to the nervousness on the Karachi Stock Exchange on Thursday. The market opened in the negative zone and the index hit intra-day low level of 6,841.55 points, going down by 219.17 points. However, late buying supported the market.
My Advice:
STILL PLAY LOW AND PLAY SAFE
22 May, 2009
07 May, 2009
Stocks updates
Due to prevailing situation in the world the markets have slumbe down.The main downtrned is over but still the upward curve needs some conformations which are not there yet.So stocks become risky and there is not stablization yet.
so my advice play safe and play little.
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so my advice play safe and play little.
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