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Shabbir Kazmi

Can Saudi package resolve all the woes of Pakistan?

Can Saudi package resolve all the woes of Pakistan?

Reportedly, Saudi Arabia has finally agreed to offer Pakistan a US$6 billion support package to overcome its prevailing precarious current account deficit crisis. According to the details the Kingdom will transfer US$3 billion directly to Pakistan, while another one-year deferred …

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Stock Review

Stock Review

Bulls back in the ring as stocks likely to maintain positive atmosphere During the week ended 26th October 2018 the benchmark Index of Pakistan Stock Exchange (PSX) closed at 40,556 points, up 5.5%WoW. The reversal in trend was prompted by …

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Stock Review

Stock Review

Meeting external woes brings back normalcy; investors see corrective measures During the week ended 19th October 2018, the benchmark index of Pakistan Stock Exchange (PSX) posted modest recovery, gained 912 points to close at 38,430 level, up 2.4%WoW. The average …

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Stock Review

Stock Review

Fragile economic view keeps market under pressure as index down 1,700 points Due to likely harsh conditions emanating from entering into yet another program with International Monetary Fund (IMF), the benchmark index of Pakistan Stock Exchange (PSX) lost about 1,700 …

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Stock Review

Stock Review

Market lacks direction, index performance to remain under pressure During the week ended 5th October 2018, the benchmark index of Pakistan Stock Exchange (PSX) eroded by 4.32%WoW and closed 39,226 points. Having lost 911 points during the first four trading …

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Living with or without IMF

IMF Bailout package… cure or curse?

The economists and analysts seem to be clearly divided into two groups, one demanding immediate negotiations with the lender of last resort and other still living under the illusion that Pakistan can live without the crutched of IMF. While the …

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Stock Review

Stock Review

Market ends smidgen lower, sufficient financing policy may lure buyers Lack of coherent policy direction to address the macro-economic woes continued to weigh on stock market performance. During the week ended 28th September 2018, the benchmark index of Pakistan Stock …

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