Author: admin

Psx

Psx buying time starts now

  Reasons why its the time for investment in psx PE of psx is 6.8x compared to average 12.1 PE of other emerging markets Government took the much awaited IMF bailout decision Rupee depriciated enough. Though, it may settle somewhere around 150 Prices of stocks dropped but companies still not increarsed product prices.  Once companies […]

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Property and auto assemblers the biggest benificiers of new finance bill

Unfortunately, the amedements have been u-turned/imranized. Now, only overseas pakistani can benefit from it. PTI government just annouced a new finance bill. The biggest annoucement for investors is that tax non-filers are again allowed to buy unlimited property and cars. This will have positive impact on property and auto sector. We have seen a sudden […]

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Why psx is going down after new goverment

For all those being too optimistic about the PSX rally, let me clarify a few points: 1. Task Force created to curb money laundering and counter terror financing will investigate PSX brokers, their client’s records and that of their beneficiaries will bring into accountability many brokerage houses and this will create panic selling. This move […]

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DHA Bahawalpur balloting date and updates

A meeting held today at DHA Bahawalpur office with Project Director and Dealers. Following details briefed by DHA Management *Ballot To be held on date 25 Dec 2018 (Official ad will publish very soon)* 》31st October 2018 is last date to convert affidavit files into allocation to be in ballot List 》5 Malra will launch […]

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Causes of big losses in stocks

Causes of big losses in stocks 1) Lack of basic knowledge, education about stock investing, markets, economy. Buying on tips/hearsay (from strangers & self proclaimed gurus). 2) Inability to scrutinize a company’s present financial health (financial statements) and evolvy some idea about co. future (including competitors). 3) Rigidity/stubborness to EXIT even when proven wrong. 4) […]

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Only Tax Filers can buy cars and properties

Starting July 1, only 1.2 million people will be eligible to buy cars and proerties worth more than 5 million. As reported by pkrevenue, the federal government in the budget 2018/2019 announced various measures to document the economy through restricting non-filers of tax returns. The government through Finance Act, 2014 introduced higher withholding tax rates […]

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DHA Bahwalpur updates

Below are the highlights of DHA Bahawalpur 1.From April , DHA’ll stop issuing files for phase 1.This ‘ll reduce supply in the market and rates are expected to increase . 2. Access road and gate’ll be constructed in June/July .This’ll give shape to this project to attract local buyers also . 3.Blocks A,B,C are under […]

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Same day settlement in the Shariah-compliant securities

It has been proposed to convert T+2 settlement into T+0 settlement mechanism in the Shariah-compliant PSX stocks. The Shariah advisory board has granted in principle approval of the proposed Shariah-compliant trading counter at PSX subject to the proper translation of the mechanism of real-time/same day settlement in the regulations of the PSX. The SAB recommended […]

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Islamic way of trading PSX

For PSX specific stocks make sure the. Below points 1. Stock should be permissable/ halal. Select stock from kmi (Karachi Meezan index) index. 2. Company shouldn’t have massive loan. If you select stock from kmi, it should be ok. 3. Only sell once you get email/SMS from the authority that stock is transferred in your […]

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Bitcoin and Altcoin live prices

Profits.pk displays live Bitcoin and Altcoin prices. Please visit the below link to see latest Bitcoin and Altcoin prices such as Ethereum, Litecoin, IOT and all other digital currencies. http://profits.pk/bitcoin-altcoin-live-rates/

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How to survive in bearish stock market

When market is bullish everyone including fools make money. Experts are those who make money even when market is bearish. Below strategies may help an investor to survive and even make profit from a bear market. Some strategies will work better than others, depending on your investment style and personality. Strategy 1: Go to 100% […]

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How to buy bitcoin from pay exchanger

Bitcoin is a decentralised cryptocurrency so you can not Buy/Sell or Exchange directly yourself, you must need to use Exchange service like Pay Exchanger. Buying Bitcoin is very easy in Pakistan, you get bitcoin by Local Bank Transfer (PKR), By Paying cash physically or even by mobile payment methods like EasyPasa, Mobicash etc. Before buying […]

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When Market Is Bearish

For those investors who are taking big losses !! Real learning is always through hard way. There is no short cut to it. Tough times teach so much for life which good times can never do. Those who are loosing money in the market should contemplate on their mistakes. Buying shitty stocks without any knowledge […]

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