fbpx
  • About
  • Advertise
  • Contact
Thursday, February 2, 2023
  • Login
WRITE FOR US
Economy.pk
  • Economy
  • Politics
  • Technology
  • Education
  • Life & Style
  • Health
  • World
  • Videos
No Result
View All Result
Economy.pk
  • Economy
  • Politics
  • Technology
  • Education
  • Life & Style
  • Health
  • World
  • Videos
Economy.pk
Home Business Economy

Research – Pakistani Stocks are likely to Improve

byShahzaib
July 27, 2020
in Economy, Finance
Reading Time: 2 mins read
0
Research – Pakistani Stocks are likely to Improve
11
SHARES
591
VIEWS
Share on FacebookShare on Twitter

Pakistan’s stock market is likely to improve in the upcoming months. A renowned Canadian advisory firm BCA Research has claimed that it is expected to move higher over the next six months. BCA Research has been a leading independent provider of global investment research that largely contributes to the analysis and speculations about the stock market. Their report has stated that the Pakistani stock prices have already seen a negative for a long time and now its equities are likely to move higher over the next 6 months.

Currently, Pakistani stock prices in US dollars’ terms are 20% lower than their January high and 56% lower than their 2017 high.

The Pakistani government has also speculated a contraction in real GDP during the fiscal year 20129-2020 in the first 68 years. This will buttress the balance of payments position and the investors will become more confident in investing, given the continuing policy rate cuts.

Research

BCA Research has highly recommended buying Pakistani equities which will be helpful in business cycle recovery from the worst recession, even worse than the 2008 Great Recession. The research further mentions that fertilizers and cement producers will benefit from reducing energy prices. At the same time, the construction sector is also functional that will uplift the demand of the cement that is also looking positive in exporting the production.

RelatedPosts

Dollar hits historic high of Rs272 as local currency recedes gains

PM Shehbaz Sharif Calls for Implementing Nationwide Solarization

Annual inflation spiked to a decades-high level of 27.55 per cent in January

Pakistan’s macro-dynamics are also expected to improve as per BCA’s speculation and its net portfolios investment is expected to increase as well. This is a positive step for Pakistan as it will attract many foreign investors.

Tags: BCACanadian AdvisoryEconomyPakistanResearchStocks
Shahzaib

Shahzaib

Related Posts

Dollar hits historic high of Rs272 as local currency recedes gains

Dollar hits historic high of Rs272 as local currency recedes gains

After gaining for two hours straight, the rupee fell to a record low versus the dollar on Thursday in the...

PM Shehbaz Sharif Calls for Implementing Nationwide Solarization

PM Shehbaz Sharif Calls for Implementing Nationwide Solarization

According to prime minister, Shehbaz Sharif, the nationwide solarization initiative will prevent spending vital foreign currency on imported fuel. He...

Next Post
4 Special Trains Will be Running for Eid-ul-Azha

4 Special Trains Will be Running for Eid-ul-Azha

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Dollar hits historic high of Rs272 as local currency recedes gains

Dollar hits historic high of Rs272 as local currency recedes gains

KP policemen take to streets in uniform against Peshawar suicide bombing

KP policemen take to streets in uniform against Peshawar suicide bombing

Mohammad Wasim Develops Flashlight which Lights Up from Body Heat

Mohammad Wasim Develops Flashlight which Lights Up from Body Heat

PM Shehbaz Sharif Calls for Implementing Nationwide Solarization

PM Shehbaz Sharif Calls for Implementing Nationwide Solarization

Railway fares jacked up by eight percent

Railway fares jacked up by eight percent

Sheikh Rashid arrested by Islamabad police in late-night raid

Sheikh Rashid arrested by Islamabad police in late-night raid

Connect with us

Twitter

Economy.pk

Economy.pk touches diverse topics with a lighter note and is geared toward audiences with various interests and all ages. Come and explore Economy.pk. Ample details and analysis are provided in extraordinarily readable manner making them compelling and interesting at the same time.

Category

  • World
  • Politics
  • Business
  • Technology
  • Education
  • Health
  • Life & Style
  • Opinions

Social Media

  • Facebook
  • Instagram
  • Twitter
  • Linkedin

Sitelinks

  • Sitemap

Download our APP

download on android app download on apple app
  • About
  • Advertise
  • Contact

© 2023 All Rights Reserved Economy.pk | Designed & Developed by Digital Otters

  • VIDEOS
  • World
    • Europe
    • Americas
    • Asia
    • Oceania
    • Africa
    • Middle East
  • Finance
  • Politics
  • Business
    • Economy
    • Finance
    • Entrepreneurship
    • Real Estate
  • Technology
    • Cyber Security
    • Mobiles
    • Social Media
  • Education
  • Sports
  • Life & Style
    • Personalities
    • Art
    • Culture
    • History
    • Entertainment
    • Fashion
    • Food
    • Health
      • Environment
      • Fitness
  • Sponsored

© 2023 All Rights Reserved Economy.pk | Designed & Developed by Digital Otters

No Result
View All Result

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In