***Proving that 1.5 Crore Pakistanis rightly voted for PML-N … :k:
carry on PML-N despite of distractions by the “Political Orphans” …
***Outgoing fiscal year: Healthy year for the KSE – The Express Tribune
Re: KSE Performance: Best in Pakistan's History
Title of the thread is misleading.
I can remember at least one year 2002, where KSE rose more than 100%. I am sure there have been a few other years better than the current one.
Anyways, I'd be wary of 'foreign investment'. I'm not in touch with market anymore but earlier it used to be saith log sending money to gulf states and investing into KSE from there, rebelling it as 'foreign investment'. As soon as market rose on the 'good news' of foreign investment coming in, they'd take profits, offload stocks, whiten the money and bring markets down to its senses. Hopefully, this is not the case anymore.
Re: KSE Performance: Best in Pakistan’s History
Enjoy a farcical market while it lasts. KSE has cash influx from a very small group of investors, most of them being prop trading member firms themselves. With 80-90% of their cash being black money, the past 3 years have been golden for them, with Zardari and Sharif govts issuing 4 tax amnesties, ruining the market structure. I have asked this many times in the past, but true to your habit, you never have a response. I dont expect one this time either, but can you give me one tangible impact the ballooning of our stock market has had on our economy?
And its far better to be a political orphan than to have multiple fathers (Zia, Gillani, IJI parents..you can add to the list in case I missed any of those revered personalities)