Pakistan stock market enters strongest season

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

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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.

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Name Price/Vol %Chg/NChg
KSE100 133,774.04
181.21M
0.30%
403.89
ALLSHR 83,456.64
711.23M
0.45%
375.49
KSE30 40,782.38
64.30M
0.19%
77.07
KMI30 192,660.47
73.14M
0.04%
79.80
KMIALLSHR 55,975.06
423.59M
0.25%
139.34
BKTi 36,533.57
11.71M
0.60%
216.39
OGTi 28,534.41
7.39M
-0.03%
-8.54
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 108,885.00 108,920.00
107,680.00
430.00
0.40%
BRENT CRUDE 69.35 69.61
69.03
-0.23
-0.33%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
2.90
3.07%
ROTTERDAM COAL MONTHLY 106.00 0.00
0.00
-0.15
-0.14%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 67.60 67.97
67.40
-0.33
-0.49%
SUGAR #11 WORLD 16.21 16.30
16.16
-0.07
-0.43%

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