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KARACHI:Has the moment arrived in the stock market for which both investors and traders were anxiously waiting Legendary investor Warren Buffet once said: Games are won by players who focus on the playing field 鈥?not by those whose eyes are glued to the scoreboard. However, all eyes are currently fixed to the benchmark KSE-100 index, rather than individual businesses. The recent breach of the 32,500-point resistance level and close above 33,000 in the last trading session on Friday with healthy volumes, has been welcomed by all the market participants as a first drop of rain after a long and agonising dry spell in the market.Let s analyse if there is any fundamental basis for the renewed enthusiasm or just a false breakout or a technical recovery from an oversold zone.Market analysts concur that the Financial
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