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Shabbir Kazmi

Strengthening Islamic Banking

Strengthening Islamic Banking

The general perception is that Islamic banking in Pakistan is making progress in leaps and bounds. The supporting arguments are number of branches offering this facility, percentage of deposits held by Islamic financial institutions (Islamic banks and designated Islamic banking …

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Stock Review

Stock Review

Bulls Keep Control As Investor Interest Spreads Across The Board During the week ended 8th June 2018, the benchmark index of Pakistan Stock Exchange (PSX) continued its bull run into the second week post announcement of caretaker setup and closed …

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Stock Review

Stock Review

Positivity returns but may short-lived over new political outcome Despite prevailing political uncertainties, the benchmark Index of Pakistan Stock Exchange (PSX) managed to close in positive zone at 42,913 points, up 1.9%WoW. The impact of positive news was partially offset …

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Stock Review

Stock Review

Upcoming political events may further pressure confused market confidence Investor’s confidence remained muddled over indecisiveness exhibited on the political front (appointment of caretaker prime minister) during the week ended 25th May 2018. The benchmark index of Pakistan Stock Exchange witnessed …

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Stock Review

Stock Review

Sentiments remain down; caretaker govt and poll announcements may guide The political noise increased once again after a controversial statement by former prime minister Nawaz Sharif coupled with looming macro instability dampening investors’ sentiments. For the week ended 18th May, …

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Stock Review

Stock Review

Gloomy conditions exist; MSCI semi-annual index review in spotlight During the week ended 11th May 2018 Pakistan Stock Exchange (PSX) witnessed volatility. During the first three days, the benchmark Index lost 741 points, marginally recovered in the fourth session but …

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