Pakistan stock market saw a negative week as Karachi stock exchange-100 index lost 782 points during the week. The Political uncertainty ,brokerage houses issues,and profit taking by brokers were three major factors affecting the investors behavior at the Pakistan stock market.
Domestic investors and foreign investors are confused about the future of the Pakistan stock market.Foreign investors sold net equities of worth $ 11 million during the week.
Pakistan stock market started the week on a negative note as investor sentiment was very low in the market. Karachi stock exchange-100 index lost 536 points on first day of the week. The political uncertainty and negative market sentiment negatively affected the market on first four days of trading week.The domestic and foreign investors kept themselves range bound.So,Karachi stock exchange-100 index gained 119 points during last day of the trading week.
Karachi stock exchange-100 index started the week at 49623 points and ended the week at 48409 points. The weekly share trading volume showed a decrease of 22 % as compared to the last week. The weekly share trading volume was approximately 1172.9172 million shares as compared to the last week’s volume of 1503.74 million shares.
Market analysts are expecting a mixed sentiment during the next week. Panama case verdict is expected next week and market will take its cue from the final decision of the Supreme court.The broker investigation news is also playing an important role in affecting the investing behaviors of the stock market investors.
Buy and hold investing strategy is best for this uncertain political and investing environment. Value investors can easily take advantage of this environment to improve their investing portfolio. They can maximize their returns on their investments by buying stocks at dip.Buy and hold strategy can be very useful for long term investing strategy of the value investors. Investors can maximize their returns by investing in good performing sectors like Cement.