Blog

Welcome to our blog! Discover the latest insights, trends, and updates in the industry.

Rational to expect range-bound activity?

Author: Shahab Jafry | Posted on: 27 December 2024
Rational to expect range-bound activity? Something clearly happened last week that took the wind out of the market’s sails. But what exactly? And why did it take an interest rate cut to trigger such a harsh correction? Let’s conside...

Hard correction or major trend change?

Author: Shahab Jafry | Posted on: 20 December 2024
So what was all the fuss about?Sure, a near-10,000-point loss over three days, including an almost 5,000-point drop in a single day, is pretty severe and traumatic, but were all the blood-on-the-trading-floor premonitions of an epic crash t...

Market disregards Japanese candlestick patterns! But why?

Author: Shahab Jafry | Posted on: 16 December 2024
It’s interesting, and instructive, how casually the market continues to disregard short-term reversal Japanese candlestick patterns. The last one appeared on Friday, 13 December 2024, when profit-taking (expected?) first pushed the market deep...

Not a bubble!

Author: Shahab Jafry | Posted on: 16 December 2024
Cruel of the person that issues parking tickets outside the PSX Lahore office to comment on the KSE100’s epic bull run – “see how it’s rising two thousand points a day?” – just when I was wondering if the market was in a bubble. Imagine the...

Headwinds and Tailwinds

Author: Shahab Jafry | Posted on: 13 November 2024
The Karachi Stock Exchange (KSE) presses on with its 15-month bull run – roaring past 90,000 points this week, despite deeply overbought levels – because of the simple fact that the headwinds that kept it bogged down since 2018 turned into strong ...