Tag: kse 100

The Role of Technology in Investing

In the fast-paced world of finance, technology has revolutionized the way we approach investing. Thanks to the rise of innovative apps and tools, investors in Pakistan now have unprecedented access to information and resources that can empower them to make informed decisions. So let’s explore the significant role that technology plays in shaping the landscape of investing in Pakistan: 

One of the most notable advantages that technology brings to the table is the ability to access real-time market updates. Mobile apps like KTrade allow investors to monitor stock prices, indices, and news feeds instantly. Whether you’re a seasoned investor or a beginner, having up-to-the-minute information helps you stay ahead of market trends and make timely decisions.

Monthly Digest – October 2023 In Review

In October, Pakistan’s stock market showed impressive gains, with the KSE-100 index closing at 51,920 points. This was the highest level in six years. Several factors contributed to this positive trend:

The central bank maintained the policy rate at 22%, but the drop in government securities’ yields, along with expectations of declining inflation, led to hopes of a potential reduction in interest rates in the near future. They predicted a decreasing trend in inflation throughout the second half of the fiscal year but noted that oil price fluctuations and a gas tariff increase could impact inflation in FY24. To stay updated on more news like this, follow us on Facebook.