Sector Rotation On PSX: A 10-Year View.

Step-by-step

1. Compare sector performance across several months, not just one session.
2. Separate earnings-driven rotation from short-term speculation.
3. Track macro drivers such as rates, oil, exchange rate, and government policy.
4. Review whether index-heavy sectors are moving the headline KSE-100.
5. Check if your portfolio is concentrated in a sector that has already run hard.

Worked example

A fall in interest rates can support banks differently from leveraged cement companies, so the headline index can hide very different sector moves.

Related glossary