Pakistan Stock Exchange
The Islamabad Stock Exchange (ISE) was incorporated as a guarantee limited Company on 25th October, 1989 in Islamabad Capital territory of Pakistan with the main object of setting up of a trading and settlement infrastructure, information system, skilled resources, accessibility and a fair and orderly market place that ranks with the best in the world. The purpose for establishment of the stock exchange in Islamabad was to cater to the needs of less developed areas of the northern part of Pakistan. The ISE Towers comprise twin 22 storey towers with unique and inspiring amenities, offer futuristically and aesthetically designed offices with panoramic views, is being constructed over a piece of land measuring 5600 square yards in the heart of Islamabad at Jinnah Avenue (Blue Area) which is the hub of all business and commercial activities in Islamabad. The building is facing 400 feet wide Jinnah Avenue on one side and has another entrance from 100 feet wide Nazimuddin Road, besides breathtaking scenic view of the Margalla Hills and the city from the building.
STOCK EXCHANGE PERFORMANCE
As measured by the KSE 100 Index, the Karachi stock market has grown rapidly in the current century. The Karachi Stock Exchange was acclaimed as the best-performing stock market of the world in 2002.KSE began with a 50 shares index. As the market grew, a representative index was needed. On November 1, 1991 the KSE-100 was introduced with a base of 1,000 points. By 2001, it had grown to 1,770 points. By 2005, due to a period of robust growth the index had skyrocketed to 9,989 points. It reached a peak of 11,485 points in March 2006. At the moment the KSE 100 index is trading at a all time high of over 12,400 points (May. 02, 2007) The KSE-100 approach remains to this date the most generally accepted measure of the Exchange. The KSE-100 is a capital weighted index and consists of 100 companies representing about 86 percent of market capitalization of the Exchange. At the end of 2006, KSE-30 index was introduced , which was Pakistan first free float index comprising of 30 most floated stocks in KSE.
Honeywell Stock Pattern
To identify Honeywell International stock pattern now that will likely work and reduce our risk in the future, and create value for our portfolio, we will have to be able to identify that pattern in the past. This stock technical analysis is all about looking at how a simple pattern has worked in the past. So let’s take a look at the last 12 months.
Monthly Highs & Lows Data
To me, I have discovered that it’s really powerful because the chart above can allow you to see things differently. When you look at the last 12 months, Honeywell International stock has really gone nowhere. But what’s even amazing is the pattern that broke out 6 months ago that worked so well. Now, look at how the pattern developed.
Breaking Trend Line
A Completed the pattern that had lasted for 5 months, and projecting the pattern leads us to the price target of $45.00. Clearly, buyers have been able to achieve the price target easily from $40.00 to $45.00. Can you see the measurement of the pattern using the first arrow from left? And the second arrow is the ultimate first price target, which has more than achieved.
The Bottom Line - It’s about learning from this simple past stock pattern, and being about to identify it again in the future. Now, the most powerful thing to do here is to realize that this kind of pattern breakout happens all the time. So take the time to look for these patterns and apply it, as you go along the stock investing your capital. As you know, this is not a recommendation to sell or buy stocks.
Investors look to bailout and retail.
NEW YORK (AP) Wall Street found some relief Friday from a report that a pounded-down City group Inc. might put itself up for sale. That prospect, along with the possibility that low prices will draw in bargain-hunters after two days of steep selling, sent stock futures sharply higher.
The market's optimism about City and the financial sector overall came after The Wall Street Journal reported late Thursday that City group is considering the possibility of selling parts of itself or even the entire company following a plunge in its stock price. The shares, which lost 26 percent Thursday alone, are down 84 percent for the year. With the steep pullbacks on Wednesday and Thursday, the Dow is down 43.1 percent this year, while the S&P 500 index -- a benchmark for the overall U.S. stock market -- is down 48.8 percent. The Nasdaq composite index has lost 50.4 percent this year.
Bond prices fell early Friday as credit markets eased following a freeze-up Thursday. The yield on the benchmark 10-year Treasury note, which moves opposite its price, rose to 3.12 percent from 3.00 percent late Thursday. The yield on the three-month T-bill, considered one of the safest investments, jumped to 0.07 percent from 0.01 percent late Thursday.
The dollar was mixed against other major currencies, while gold prices fell.
Light, sweet crude rose 95 cents to $50.37 in premarket electronic trading on the New York Mercantile Exchange.