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Economy: Strategy 2024: Market Dynamics Enticing Future Bull Run – By Darson Research

  • By: Darson Securities (Private) Limited

  • - Published: Thursday, 28 December 2023
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<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">We expect KSE-100 Index to reach a level of 74,000 by Dec-2024. We reached at Index Target Level using Target Price Mapping, Technical and Earning Growth methods.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">The global economy seems to be on the mend as Central Banks across the globe are seeking for much more controlled approach in terms of rate cuts for achieving their inflation targets. This will allow for enhanced demand and strong consumer confidence among global consumers. However, on the flip side the Russia/Ukraine conflict along with the Palestinian Conflict could keep sustained pressures on world markets and if they escalate it may cause supply route disruptions causing increment incr...

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