Pakistan ranked 4th best-performing stock market by CNN in 2012 Sour

Discussion in 'Pakistan' started by farhan_9909, Dec 11, 2012.

  1. farhan_9909

    farhan_9909 Tihar Jail Banned

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    World's 5 hottest stock markets

    [​IMG]

    4. PAKISTAN

    YTD gain: 33%

    Karachi's benchmark index has soared to historic highs this year on healthy volume, largely due to the State Bank of Pakistan's easing monetary policy.

    Through a series of moves, Pakistan's central bank has been able to cut its key interest rate to 10% from 12% at the start of the year, thanks to lower-than-expected inflation figures, said Naveed Vakil, director of research at AKD Securities.

    As inflation keeps trending lower, analysts expect that Pakistan's central bank will continue cutting rates and eventually push its benchmark interest rate into the single digits. And that should help spur further gains in the country's stock market.

    A jump in consumer spending has also been a big driver of the stock market rally, said Vakil.

    Rural income has grown significantly thanks to larger remittances and stable prices for so-called soft commodities, such as cotton. In fact, overseas Pakistani workers sent home a record $1.4 billion in remittances last month, up more than 30% from a year earlier.

    The rise in spending has particularly helped companies like Bestway Cement, which benefits from a rise in homebuilding, and Engro Foods Limited, which gets a lift as people spend more money on food.

    World's 5 hottest stock markets - 4. Pakistan (3) - CNNMoney

    World's 40 best-performing stock markets in 2012 - CNNMoney
     
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  3. addiction

    addiction Regular Member

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    Re: Pakistan ranked 4th best-performing stock market by CNN in 2012 S

    perhaps, Pak stocks are being traded lower than its PE and investors find them good return with small investment....this is also called as...High Risk High Return investment...
     
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  4. Blackwater

    Blackwater Veteran Member Veteran Member

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    Re: Pakistan ranked 4th best-performing stock market by CNN in 2012 S




    told zillions times.

    Its pakis black money routed through Dubai as white.

    + Enemies investing in pak companies to make it depended on them.

    Pakis are celebrating as their failed country rising as Zaid Hamid:taunt1::taunt1::pound::pound:
     
  5. addiction

    addiction Regular Member

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    Re: Pakistan ranked 4th best-performing stock market by CNN in 2012 S

    So, good for Pak that Pakis black money is coming to their rescue unlike Indian black money which seems to be lying idle in no mans land!
     
  6. Blackwater

    Blackwater Veteran Member Veteran Member

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    Re: Pakistan ranked 4th best-performing stock market by CNN in 2012 S

    u forgot 4 billion paki notes print every day and circulated in economy
     
  7. addiction

    addiction Regular Member

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    Re: Pakistan ranked 4th best-performing stock market by CNN in 2012 S

    dude, didnt get this..did u mean pakis print indian notes and circulate in our economy? if yes, i.we know that for years...but here the topic is Pak stock market is perfoming well... :)
     
  8. Blackwater

    Blackwater Veteran Member Veteran Member

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    Re: Pakistan ranked 4th best-performing stock market by CNN in 2012 S

    no paki print their own 4 billion pkr everyday and pump into their economy. which is not good sign
     
  9. Blackwater

    Blackwater Veteran Member Veteran Member

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    Re: Pakistan ranked 4th best-performing stock market by CNN in 2012 S

    more over with this people will elect zardari again and farhaan will commit suiside
     
  10. farhan_9909

    farhan_9909 Tihar Jail Banned

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    Re: Pakistan ranked 4th best-performing stock market by CNN in 2012 S

    well after 4 years on fall pak KSE is on rise once again.so is the over all economy
    in 2008 it hit 15k mark bt for the rest of 4 years it was around 8-10k points

    even in sept 2011 it was in 9k points

    now close to 17k

    while has a potential of atleast 25k.
    i just hope that we acheive 4.7% growth mark as projected
     
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  11. farhan_9909

    farhan_9909 Tihar Jail Banned

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    Re: Pakistan ranked 4th best-performing stock market by CNN in 2012 S

    if Zardari or PPP is elected once again

    i will give up and settle in afghanistan
     
  12. datguy79

    datguy79 Regular Member

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    Re: Pakistan ranked 4th best-performing stock market by CNN in 2012 S

    No, thank you. We got enough pakis as is.
     
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  13. farhan_9909

    farhan_9909 Tihar Jail Banned

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    Re: Pakistan ranked 4th best-performing stock market by CNN in 2012 S

    what?
    your afghan?
    if so i will settle and you cant do anything.
     
  14. datguy79

    datguy79 Regular Member

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    Re: Pakistan ranked 4th best-performing stock market by CNN in 2012 S

    Go right ahead. Living as a Pakistani in Afghanistan is the height of stupidity.

    Btw, back to your main point. IK won't win anything. He has been a candidate for what, 20 years now? All he has is hype right now. When push comes to shove, most people will go with their usual tendencies and vote for whoever they have been voting all along.
     
  15. Blackwater

    Blackwater Veteran Member Veteran Member

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    Re: Pakistan ranked 4th best-performing stock market by CNN in 2012 S

    But Our 18 consulate Will do anything for u:taunt::taunt:
     
  16. sob

    sob Moderator Moderator

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    Re: Pakistan ranked 4th best-performing stock market by CNN in 2012 S

    Only 18, but as per media in Pakistan, there should be over 100 consulates. Where have the others gone. Damn, must find them out.
     
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