About the Karachi Stock Market Blog Daily updates on the Karachi Stock Market, with news, company dividends and KSE-100 index movements.The rollercoaster of a day trader's dream /nightmare riding the KSE-100 index. More than 860 posts and counting ...
After weeks of constant downside and the market being fucked shapeless for one reason or another, this week saw 4 days of consecutive upside. Having sunk to a five year low on Monday, the index recovered and continued to do so for the next four sessions. The result season is about to begin and the market should stay buoyant for the next 2 weeks depending of the results of certain stocks. Fertlizer results have been good and the oil sector is yet to come.
Interest rates were left unchanged at 15% after the meeting on Saturday.
