Research Analyst on 02/12/2009 (Karachi Stock Exchage)

Market is likely to record mixed activities in the short term over uncertainty in the global markets owing to Dubai debacle, security situation in the country and NRO-related developments. Market would show dependency on international stock markets in the near term. However long-term outlook of the market is bullish and investors are advised to invest for a longer period of time. Inflow from Friends of Democratic Pakistan (FoDP) and International Monetary Fund (IMF) would be the supportive factors for the market. It would witness rangebound trading activities today.