Pakistan stock market enters strongest season

News Image

Abdur Rahman | October 06, 2024 at 07:32 PM GMT+05:00

0:00

October 06, 2024 (MLN): Pakistan stock market may extend its rally further as it enters its best period of the year, historical seasonal trends suggest.

Stocks tend to perform well towards the end of the year—with October-December quarter logging the biggest average gains for KSE-100 Index.

Data going back to 1992 show the KSE-100 has climbed an average 6.6% from October through year-end, according to MG Research calculations.

That gain is 8.1% and 13.5% on average in the past 10- and 5-years, respectively, the data shows.

To note, KSE-100 is up 21,081 points or 33.8% so far this year.


Disclaimer: The views and analysis in this article are the opinions of the author and are for informational purposes only. It is not intended to be financial or investment advice and should not be the basis for making financial decisions.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 148,617.78
624.60M
0.86%
1274.27
ALLSHR 91,685.08
1,340.28M
0.74%
669.39
KSE30 45,247.79
197.43M
0.83%
370.74
KMI30 212,370.79
224.51M
1.05%
2209.48
KMIALLSHR 61,227.89
711.87M
1.18%
715.56
BKTi 41,264.02
160.39M
0.54%
221.73
OGTi 30,019.10
23.63M
0.64%
190.41
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 108,845.00 113,390.00
108,770.00
-3895.00
-3.45%
BRENT CRUDE 67.39 67.94
67.32
-0.59
-0.87%
RICHARDS BAY COAL MONTHLY 92.00 0.00
0.00
2.45
2.74%
ROTTERDAM COAL MONTHLY 99.60 0.00
0.00
0.05
0.05%
USD RBD PALM OLEIN 1,106.50 1,106.50
1,106.50
0.00
0.00%
CRUDE OIL - WTI 64.00 64.55
63.92
-0.60
-0.93%
SUGAR #11 WORLD 16.38 16.52
16.33
-0.10
-0.61%

Chart of the Day


Latest News
August 29, 2025 at 06:04 PM GMT+05:00

SCRA inflows offset Rs8.5bn net selling


August 29, 2025 at 05:46 PM GMT+05:00

SECP cuts bonus, right issue timelines


August 29, 2025 at 05:27 PM GMT+05:00

SSGC posts Rs7bn profit in H1 FY24



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg