The Ramadan effect on the Pakistan Stock Exchange (PSX) is expected to be temporary, with a possible moderation in the KSE-100 Index. However, the ongoing earnings season could provide further upside, especially if companies post stronger-than-expected results.¹
In previous years, Ramadan has had a mixed impact on the PSX, with some periods seeing increased trading activity and others experiencing a slowdown. Analysts predict the market will rebound as domestic and geopolitical uncertainties subside, with a focus on upcoming financial results and improving macroeconomic indicators.²
Some key sectors to watch during Ramadan include:
- *Banking*: Expected to perform well due to decreasing interest rates and improving economic stability.
- *Fertilizers*: Likely to benefit from government subsidies and support for the agriculture sector.
- *Cement*: May see increased demand due to government infrastructure projects.
Would you like to know more about specific stocks or sectors, or explore investment opportunities in PSX?#BTCFellBelow$69,000Again