Wednesday, November 23, 2016
Wednesday, November 16, 2016
A Forecast about PSX-100 Pakistan Stock Exchange 100 Index
Pakistan's PSX-100 (formerly KSE-100) index will fall atleast 50%, from 42,000 points in November 2016 to 21,000 points in 2 to 3 years time, i.e. 2018-2019. Investors, especially long-term long-only, need exercise great caution and may have to reallocate , shift, rebalance and in the extreme case altogether exit the market, particularly if they have ridden the rally starting 10,000 points in mid-2010.
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