· Pre-budget, a consensus target of above 50k was set for KSE-100. Shaheen Shah Afridi struck early blows to help the team as news of upcoming incentives for various sectors produced a rally in specific sectors.
· Then came on the slow fight back from the opposition as the field was spread out, the delay in incentives provided to various sectors including Refinery and Automobiles leading to continuous slippage in the KSE-100.
· Now comes the second half, a target has been set, work Special Feature Drawing lessons from the recent win of Pakistan on 24th Oct’21, we identify what is required for KSE-100 to breach the 50k level once again.
· A bit of help from dew will come in handy as well, making the pitch easy to bat as commodity prices easing will not only result in a decrease in CAD but will also result in decrease in expected inflation while also curing some damage to the political capital of current government.
Abstract from AKD Special Feature