Blog > Archive by tag 'pakistan'
America’s not-so-friendly global counterparts are taking advantage of our national pain. Pakistan and China are making deals and rumors of a nuclear pact are spreading. Investors must carefully monitor the situation.
By Andrew Snyder
Baltimore – (TFN): Thanks to a financial debacle that started on Wall Street and rippled across the globe, America’s superpower prowess has [...]
Tags: afghanistan, china, financial news, India, nuclear energy, nuclear pact, pakistan, pakistan economy, politican pandering, recession, zardari
“They are individually too small for institutions to invest in, but cobble them together in a new index that allows you to buy and sell the basket and… well, then you have something.” — Chris Mayer
by Chris Mayer
Baltimore – (TFN): When the stock market turns ugly, the quest [...]
Tags: cyprus, index, Kazakhstan, kuwait, market, merrill lynch, new frontier, pakistan, uae, united arab emirates, vietnam
“What has sparked such energy from bureaucrats better known for their plodding nature? Nothing sets a fire under such folks like a good food riot.” — Adam Lass
by Adam Lass
Baltimore – (TFN): Brick-throwing crowds have been reported in Egypt, Cameroon, Cote d’Ivoire, Senegal and Ethiopia. But these are not [...]
Tags: Adam Lass, africa, cameroon, cash crop, china, commodities trading, cote d'ivoire, egypt, ethiopia, food riot, grain, haiti, imf, India, mexico city, pakistan, senegal, thailand, tortilla, west bengal, world bank, yemen
"These two Pakistani ADRs still represent good entry points for a rebound of the Karachi stock exchange." — J. Christoph Amberger
by J. Christoph Amberger
Baltimore — (TFN): After hitting post-assassination lows yesterday, experiencing drops between 9-10% on top of the 4%-plus they had undergone on Wednesday Pakistani ADRs appear to have overcome the primary bearish pressure [...]
Tags: ADR, benazir bhutto assassination, finance, Financial, hub power, India, Indian ADRs, karachi stock exchange, karim rahemtulla, KSE, MCB Bank, Oil & Gas Development, pakistan, Pakistan Telecommunication, pakistani stocks, stocks, United Bank
Baltimore — (TFN): Pakistan's Karachi Stock Exchange again closed sharply lower today, for the third sharp drop following the death of opposition leader Benazir Bhutto.
The benchmark KSE-100 Index finished the day at 13,353.38, down 313.05 points or 2.3 percent.
For the first time since the killing, Pakistani ADRs reflected that downwar pressure in the market: [...]
Tags: ADR, benazir bhutto assassination, finance, Financial, hub power, India, Indian ADRs, karachi stock exchange, karim rahemtulla, KSE, MCB Bank, Oil & Gas Development, pakistan, Pakistan Telecommunication, pakistani stocks, stocks, United Bank
"We believe that the full effect of the sell-off in Pakistan will not be seen until the end of this week, maybe early next week. There is the potential for at least two further drops, which will bring the KSE 100 down into the mid- to low-13,000s." — J. Christoph Amberger
by J. Christoph Amberger
Baltimore — [...]
Tags: ADR, benazir bhutto assassination, finance, Financial, hub power, India, Indian ADRs, karachi stock exchange, karim rahemtulla, KSE, MCB Bank, Oil & Gas Development, pakistan, Pakistan Telecommunication, pakistani stocks, stocks, United Bank
"The Karachi Stock Index (KSE-100) so far has not experienced a dramatic drop yet. It fell by 42.77 points or 0.29 percent to 14722.08 points. To minimize the impact of yesterday's terror attack, the market will remain closed for three days." — J. Christoph Amberger
Baltimore — (TFN): Financial writers have latched on to yesterday's [...]
"None of these Pakistan ADRs has yet reflected today's act of terror in its share price. But they all will. Monitor these stocks closely — and buy the one that has dropped the most by January 2." — J. Christoph Amberger
by J. Christoph Amberger
Baltimore — (TFN): "Bullish trend persists in KSE, index further up [...]