KSE Updates

Sorry for being away from karachi stock exchange but now i will be updating regularaly.I have been asked by people that why i dont recomend Banking sector stocks.So i am writing this post for those who asked me this question.Well dear banking sector is working on interst basis so what i think trading in banking sector shares is not hilal.When i feel a thing is not good for me so how i can recomend it to my brothers.I know there are few banking stocks which are good but uss paisy ka kia karna jis sy akhrat kharab ho.

As far as market startegy is concerned ,a correction is taking place so dont buy the share yet and if you still having the share then you need not to sell it now as the major part of correction is over and its on last stages

KSE Predictions

KSE is getting stablized now.People are getting back into it as ongoing load shedding has adversely effected the other businesses.So investors are coming back to stocks

Prefferd Stocks:

FFC,ANL,DGKC,nMl,ATLAS,Engro,OGDC

Preffered Stocks At KSE

Today’s Strategy:

Place stop-buy above 7130~7150
targeting 7220~7230 levels.

Preferred Stocks:
DGKC, FFC,ENGRO, PPL, NML, OGDC,ANL

Latest Preffered KSE Stocks

Suggested Scripts:

FFC,ANL,DGKC,OGDC

Preffered Stocks At KSE

Well after all the efforts the market is still volatile and the post budget scenario remians the same as before.Rather i will say that the powerfull scripts are bearish now and to tell u the truth i think there is no hope for better things in near future.
However ,i still stand by the day trade method with limited exposure.The upward trends in interantional oil market is making Oil stocks little prefferable.At the same time FFC is also performing well.FFC has recently been axed,it will go up so you can buy it.

Latest Preffered KSE Stocks

Although the situation in stock markets are bit risky but there are few shares which have proved themselves as all time gold.

My recomended stocks:

my approach remains the same ,play low and play safe.One of the best way is that dont go for delivery, just use day trade with upper & lower limits.E.g if at day end some stock price is 23.
then u can place order for next day as buy at 22.3 and sell at 23.5.This will surely give u something without exposing you to unnncasary harms

1. ANL ( it has just touched its all time bottom so now its on upward trend, buying this bullish stock is great apportunity)

2. DGKC

3. DCL (risky but good for small investors)

Latest news on : Karachi Stock Exchange

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

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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KSE Stocks

Market is showing some mixed trends ,it seems that bulls are getting out of the market or staying away.but there are few stocks whicjh keep their market value.


Kse Preffered Stocks:

FFC,Fccl,Engro,DGKC,AICL

KSE Preffered Stocks

Due to upcoming results of NML it is really worth buying script bcz its expected they are going to annunce profit of 30 rs/share.APart from NMLother preffered stocks are,


Preferred Stocks: DGKC,FCCL, FFC, DAWH, EFUG, DSL, SNGP, DSFL, PICT, PNSC, AICL

KSE PREFFERED STOCKS

Preferred Stocks:

PTC, POL, HCAR, INDU, ATRL, EFUG, FCCL, DAWH, MARI, PNSC, ICI, DGKC, NML, ABL, AICL, BAFL and UBL.

latest KSE updates

Preferred Stocks:



OGDC, PTC, PSO, POL, ATRL, MARI, PNSC, ICI, DGKC, ENGRO, NML, ABL, AICL, BAFL, UBL, MCB and NBP

Pakistan's Textile Sector: Cotton Update

According to latest data released by the Pakistan Cotton Ginners Association (PCGA), the arrival of bales as of March 15, 2009 stands at 11.30mn bales. This is against 11.22mn bales on March 1, 2009 and against 11.26mn bales (estimated) on March 15, 2008. The latest statistics translate into a marginal 0.3%YoY increase in cotton arrivals. Looking at arrivals from cotton producing provinces, we see that even a 19%YoY pickup in cotton arrivals in Sindh (estimated) has failed to stimulate total cotton arrivals. According to our estimates, arrivals from the Punjab belt have decreased by about 5%YoY and have dampened overall cotton production. After attaining some stability previously, late cotton arrivals and sticky cotton prices continue to add onto the embedded problems of the sector. However, big players operating at a larger scale are somewhat hedged against the cotton shortfall and sticky prices as most of the annual cotton requirement has already been procured during the key buying season. From this vantage, we believe that NML offers an edge in the present operating environment and we recommend a Buy on the scrip.

External account, inflation and interest rates

The movement towards the restoration of overall macroeconomic stability has certainly gathered pace in the last three months with the country achieving the milestone of a surplus in the Current Account after persistent deficits in the preceding twenty months. On a cumulative basis, the CA deficit stands at US$7.45bn in 8MFY09 as compared to a deficit of US$8.64bn in the same period last year, down 13.7%YoY. With international donor agencies fully supporting Pakistan’s nascent economic recovery, we think the external account will remain in a manageable state over the next four to six month period despite mounting pressures arising from the global financial crisis. This would of course depend on the GoP’s ability to maintain fiscal order and keep the budget deficit in the range of 4%-5% of the GDP. Empirically it has been seen that countries which have current & fiscal accounts in surpluses have experienced low erosion in economic growth during periods of slowdown in external capital inflows – a phenomenon which is in process these days. Maintenance of economic stability is a necessity if growth is to recover in the coming year, where we expect real GDP growth to recover to 4-4.5% in FY10.