Pakistan stock market saw a positive week as Karachi stock exchange-100 index gained 561 points during the week. The Political uncertainty ,international oil prices fall,and buying by institutional investors helped Karachi stock exchange-100 index to enter into the positive zone .Domestic investors and foreign investors regained some confidence on the Pakistan stock market.Foreign investors bought net equities of worth $ 3.47 million during the week.
Pakistan stock market started the week on a positive note as surprisingly institutional investors showed special interest in the domestic market . Therefore,Karachi stock exchange-100 index rose by 510 points during the first two days of the trading week.The political uncertainty and falling oil prices negatively affected the market on last 2 days of trading week.The domestic and foreign investors kept themselves range bound due to political uncertainty. So,Karachi stock exchange-100 index lost 49 points during last two days of the trading week.
Karachi stock exchange-100 index started the week at 48409 points and ended the week at 48970 points. The weekly share trading volume showed a decreased of 12.02 % as compared to the last week. The weekly share trading volume was approximately 1032 million shares as compared to the last week’s volume of 1172.9172 million shares.
Market analysts are expecting a mixed trend during the next week. Investors are keeping a close eye on number of factors related to Pakistan stock market.Panama case decision and international oil prices are two most important factors who will affect the market sentiment in next week.
Panama case decision is expected in the next week.Experts believe that its decision will set a new direction of Pakistan politics and Pakistan stock market.Any decision against the prime minister can create temporary uncertainty in the market.Buy and hold investing strategy is best for this type of uncertain political and investing environment.
The fluctuation in oil prices will play an important role in affecting the returns of the investors. The broker investigation news is also playing an important role in affecting the investing behaviors of the stock market investors.Value investors can easily take advantage of this environment to improve their investing portfolio.