Daily Sentiment Analyzer - 28th Nov 2022
Pakistan Stock Exchange (PSX) on the first trading day of the week underwent a bearish spell on the back of a surprise rate hike by the SBP in its latest MPS meeting, as a result, the benchmark KSE100 Index plunged over -865.39 points to close at 42,071.34 levels.
The sentiment indicator depicts bullish and bearish sentiment in the Pakistan Stock Exchange (PSX), where the KSE100 Index currently operates under a Strong Sell sentiment, where 9% are under the short-term bullish sentiment and 81% of stocks are under a short-term bearish sentiment.
Meanwhile, 18% of stocks are operating under a long-term bullish sentiment and 82% of stocks are operating under a long-term bearish sentiment.
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