TechLahore

There’s quite a bit to feel good about with respect to the recent news regarding the Pakistani economy. Here is a quick summary: 1) When the floods hit, there was widespread reporting that the budget deficit would hit 7% and in fact, some commentators from across the border even speculated that it would reach 8%. [...]

I recently evaluated the predictions from last year. In a nutshell, I was about 80% correct. 2009 has certainly been filled with unique challenges, both at a global and national level. We’re all hopeful the future holds better things, and on that subject, I’ll share with you what I think will go down in 2010. Once [...]

Pakistan’s Netsol has been doing quite well recently. Year-to-date the stock, which is traded on the US NASDAQ bourse, is up almost 40%. This is now expected to head even higher as Aeur growth, an analyst firm, has just put a BUY recommendation on NTWK. Netsol is considered a microcap with quite a lot of [...]

Starting what could become a trend amongst other Pakistani tech companies, Netsol has been approved for a dual listing on the Dubai Stock Exchange (DIFX) under the symbol, NTWK. This is the same symbol the company uses for trading on the Nasdaq (US). Saleem Ghauri, the CEO of Netsol, believes this move will allow the [...]

Netsol has lost more than half its market cap since the last week of October this year. The stock has fallen from its high of $4.64 to just $2.00 today. Part of this is because of concerns about the US economy in particular and the global economy in general. The first three trading sessions of [...]