Worst performance at the KSE in the last 5 years
December 31, 2006Though the bull-run at Pakistan market continued in calendar year 2006, the magnitude of stock market return has slowed down. And a return of only 5 per cent (3% in dollar terms) during the outgoing year 2006 compared to previous four-year average return of 68 per cent. In fact, this was lowest gain that KSE has posted in last 5 years of bull-run. Out of 52 weeks in 2006, market closed in the positive territory 30 times on weekly closing basis leaving the bulls to bears ratio of 3:2 in 2006. In 2006, KSE saw its all-time high 12,274 points on April 17th …. The News
Has the Karachi Stock Market run its course ? More to follow in 2007 !
