PSX Lounge

05/05/2020

https://youtu.be/25qW5ydGy0Q

26/10/2019

https://youtu.be/iEihW7QQWf8

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Introduction

12/10/2019

11/01/2018

Good to see.

17/10/2017

Tuesday, October17, 2017

Politics

US drone kills five near Afghan border
https://fp.brecorder.com/2017/10/20171017226775/ (Negative)

PTI chief decides to appear before ECP
https://fp.brecorder.com/2017/10/20171017226746/ (Positive)

Army chief has right to comment on economy: PM
http://nation.com.pk/national/17-Oct-2017/army-chief-has-right-to-comment-on-economy-pm (Neutral)

ECP to scrutinize PTI’s funding details
https://fp.brecorder.com/2017/10/20171017226788/ (Neutral)

QCG discusses Afghan peace efforts
https://fp.brecorder.com/2017/10/20171017226798/ (Neutral)

Economy

KP initiates work on several hydel projects of 4000 megawatt capacity
https://fp.brecorder.com/2017/10/20171017226845/ (Positive)

ECC for reversing widening trade deficit trend
https://fp.brecorder.com/2017/10/20171017226763/ (Positive)

PM for expediting efforts for 2 mega dams construction
http://nation.com.pk/business/17-Oct-2017/pm-for-expediting-efforts-for-2-mega-dams-construction (Positive)

Railways revenue increased to Rs40b in 2016-17
http://nation.com.pk/business/17-Oct-2017/railways-revenue-increased-to-rs40b-in-2016-17 (Positive)

No plans to go to IMF for bailout package: Dar
http://nation.com.pk/business/16-Oct-2017/no-plans-to-go-to-imf-for-bailout-package-dar (Neutral)

WB lowers Pakistan’s external financing needs
https://www.dawn.com/news/1364333/wb-lowers-pakistans-external-financing-needs (Positive)

CPEC embarks on second phase of industrial cooperation
https://www.thenews.com.pk/print/237412-CPEC-embarks-on-second-phase-of-industrial-cooperation (Positive)

WB assures Pakistan it will support its broad economic reforms
https://www.thenews.com.pk/print/237627-WB-assures-Pakistan-it-will-support-its-broad-economic-reforms (Positive)

Sector/Companies

SNGPL”s losses stand at eight percent, Senate panel told
https://fp.brecorder.com/2017/10/20171017226781/ (Neutral)

Source: Nation, Express Tribune, Dawn, BR, Bloomberg

$/bbl (Brent) 57.83
$/oz 1,295.60
PKR/$ 105.39

A US drone killed five people in an attack on a compound in northwestern tribal region Monday, officials said. At least four missiles were fired during the strike in the Kurram tribal district close to the Afghan border, according to officials.

14/05/2017

Can Anybody share the exact number of stock traders in Pakistan?

23/04/2016

NETSOL : One of Tech shares listed at the Pakistan stock Exchange. NTWK (symbol) listed at the Nesdeq also.
With three major contract within short time, with Mercedes , DangFang & Aldermore regarding auto lease finance.
As you all know, as per income tax law, Export of IT services has been declared tax exempt, as per the current cooperate income tax rate is 32%.
NETSOL is going to announce 3Q result in upcoming week. I am excepting robust growth in earning.
I have written previously 2016 is given to Tech Shares, I also want you all to keep your eye on NETSOL, SYS & AVN also.
On the US : Top Five tech shares under 10$ by ZACK, NTWK is
one of them. You read what ZACK says about NTWK and the future.
NetSol Technologies is a multinational provider of enterprise software and IT services to the financial services industry. In the past 60 days, we have seen a positive estimate revision for the company’s current quarter and annual earnings. Additionally,
NTWK has an “A” grade in the weighted average VGM category of our Style Scores system. The company has exceeded earnings expectations by an average of 257.63% over the trailing four quarters, and its earnings are expected to grow by over 140% this year.

22/04/2016

http://www.dawn.com/news/1253588/35bn-lng-pipeline-deals-with-china-russia-in-two-months

21/04/2016

IMPORTANT NOTE, MUST READ IT (Disclaimer)

ALL MEMBERS ARE REQUESTED TO DO THEIR OWN HOMEWORK FOR THE BUYING AND SELLING OF SHARES. THE ENTIRE GROUP INCLUDING MYSELF DO NOT TAKE ANY RESPONSIBILITY FOR ANY LOSS DUE TO ANY KNOW OR UN KNOWN REASON. SO MAKE SURE YOU UNDERSTAND THIS BUSINESS AND MUST UNDERSTAND THE HIGH RISK INVOLVED IN THIS BUSINESS AND ABLE TO INVEST WISELY.