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Bullish Profile Intact Despite Overbought Readings Short-Term:
Bullish Profile Intact Despite Overbought Readings Short-Term: Expect continuation of northbound momentum towards 34,320 level with immediate support...
Technical Outlook: Expect continuation of northbound momentum
Technical Outlook: Expect continuation of northbound momentum towards 34,320 level with immediate supports around 33,818 and 33,541 levels. Short-ter...
The Bears Get Possession Short-Term: After an in vain attempt
The Bears Get Possession Short-Term: After an in vain attempt to regain momentum, the bulls retreated yesterday. Expect near-term pressure building ...
Changing Polarity Short-Term: Violation of channel support
Changing Polarity Short-Term: Violation of channel support (29,640) exposes risk for further weakness towards 29,039 — 28,972 and 28,693 — 28,51...
Gyrating Along The Resistance line Short-Term: Market continues
Gyrating Along The Resistance line Short-Term: Market continues to gyrate along the resistance line (red) for the third straight session with the dai...
Water and Power Development Authority (Wapda) Chairman Syed Raghib
Water and Power Development Authority (Wapda) Chairman Syed Raghib Abbas on Wednesday told the Senate Standing Committee on Water and Power that Dasu ...
The Feb’14 trade deficit (goods) has clocked in at US$1.43bn,
The Feb’14 trade deficit (goods) has clocked in at US$1.43bn, lower by 7.5%YoY with an 18%YoY/5.1%MoM increase in exports against a 6.4%YoY increase...
Downtrend Interrupted Short-Term: Piercing through the down
Downtrend Interrupted Short-Term: Piercing through the down trendline, market interrupted the downwards progression with the 14-day RSI approaching ...
Pak Suzuki Motor Co. (PSMC) has posted NPAT of PkR1,849mn (EPS:
Pak Suzuki Motor Co. (PSMC) has posted NPAT of PkR1,849mn (EPS: PkR22.47) in CY13 vs. NPAT of PkR979mn (EPS: PkR11.87) in CY12, translating into robus...

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