Friday, December 11, 2009

Research Analyst on 11/12/2009 (Karachi Stock Exchage)

Strong support is likely to remain as long as foreign investors are active while recovery in Dubai markets would also come to rev up stocks. International oil prices may increase and strong valuation in oil, banks and fertiliser sectors are also having good sheen. Investors can invest in banking, fertiliser and power sectors. Rise in international oil prices, resolution of circular debt and arrival of IMF loan tranche would play vital role in market proceedings in the days to come. Market would be mixed to positive today.

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