Karachi Stock Market NewsKarachi Stock Market NewsA blog providing daily updates on the Karachi Stock Market, with news, company dividend information and KSE-100 index movements. The rollercoaster of a day trader's dream /nightmare riding the KSE-100 index. Articles
Last CGT free day !
2010-06-30 13:49:00 Due to severe internet problems in the mountains where Suttabhai is currently living, posting has been non-existant this month. As the situation has improved, hopefully there will be more regular posting. Today is the end of the fiscal year and was the last session at the KSE for CGT free trading. From 2moro all trades ... More About: Free , Oil
Uncertainty over CGT is over
2010-06-06 23:08:00 The uncertainty over the rate of Capital Gains Tax for the stock market is finally over. As announced in the Budget on Saturday 5th June, the tax would be imposed at the rate of 7.5 per cent on capital gains on shares held for less than one year, but more than six months. Gains ...
Back soon
2010-06-03 23:32:00 Suttabhai will be posting by 2moro or over the weekend. Thank you to the thousands of readers for their patience and continuing to visit despite an empty month of May ! More About: Back
On Holiday
2010-05-04 22:46:00 Suttabhai is on holiday until the end of the month, taking a break from this onerous market. Posting will be quite sporadic from now on….. More About: Holiday
10,389
2010-05-03 20:38:00 Market Low : 10,340.13 High : 10,455.76Market Close : 10,389.46 – 38.66 points down
10,428
2010-04-30 21:34:00 Market Low : 10,407.54 High : 10,485.73 Market Close : 10,428.12 – 26.51 points down
10,454
2010-04-29 20:33:00 Market Low : 10,425.93 High : 10,579.44 Market Close : 10,454.63 – 64.39 points down
10,524
2010-04-28 22:44:00 Dividends : Oil & Gas Development Co., Pakistan’s biggest energy explorer, posted a 12 percent increase in third-quarter profit after crude and gas prices increased.Net income in the three months ended March 31 rose to 14.1 billion rupees ($168 million), or 3.28 rupees a share, from 12.6 billion rupees, or 2.93 rupees, a year earlier,.. ... More About: Dividends
10,556
2010-04-27 21:51:00 Market Low : 10,543.05 High : 10,625.17Market Close : 10,556.38 – 0.01 points up
10,556
2010-04-26 22:38:00 Dividends : Nishat Mills Limited has announced a net profit of Rs800.183 million, translating into an earning per share of Rs3.3 for the quarter ended on March 31st, 2010 as compared to a net loss of Rs37.36 million during the corresponding period last year,… For the nine months ended on March 31, the net profit ...
10,607
2010-04-23 23:58:00 Market Low : 10,578.54 High : 10,638.24 Market Close : 10,607.03 – 8.12 points down
10,615
2010-04-22 23:41:00 Dividends : Pakistan State Oil Ltd., the nation’s biggest fuel retailer, posted a third-quarter profit after the government increased prices of gasoline and diesel, raising the value of its inventory. Net income in the three months ended March 31st rose to 2.45 billion rupees ($29.2 million), or 14.29 rupees a share, from 779.9 million rupees, ... More About: Dividends
Board Meetings for April 2010 - II
2010-04-21 17:57:00 SHELL PAKISTAN ( SHEL ) : 22ND APR. PAKISTAN STATE OIL ( PSO ) D.G.KHAN CEMENT ( DGKC ) LUCKY CEMENT ( LUCK ) HABIB BANK LTD ( HBL ) ATTOCK CEMENT ( ACPL ) : 23RD APR. NISHAT MILLS ( NML ) UNILVER PAKISTAN ( ULEVER ) : 26TH APR ADAMJEE INSURANCE ( AICL ) UNITED BANK LTD. ( UBL ) ARIF HABIB ... More About: Board Meetings , April , Board , Meetings
10,590
2010-04-21 17:55:00 Todays article in The News on the Finance Ministry re-evaluating the capital gains tax mechanism with a suggestion of 15% CGT , took its toll on the KSE-100 index . After many days it fell/corrected by over a 100 points to then recover & finally close at 10,590. This news has ... More About: Dividends
10,641
2010-04-20 17:06:00 Dividends : Indus Motor Company Limited (IMC), one of the leading auto manufacturers of the country, announced an earning per share of Rs10.3 for the first quarter of the year ended on March 31st….The profit-after-tax for the period under review stood at Rs. 809.708 million, registering an increase of over 50 per ... More About: Dividends , Cement
10,669
2010-04-19 16:52:00 Market Low : 10,632.31 High : 10,691.79 Market Close : 10,669.88 — 10.67 points up
10,659
2010-04-16 17:17:00 Market Low : 10,646.22 High : 10,720.66 Market Close : 10,659.21 - 18.26 points down
10,677
2010-04-15 17:13:00 Market Low : 10,570.88 High : 10,688.76 Market Close : 10,677.47 – 106.59 points up
10,570
2010-04-14 23:06:00 Market Low : 10,495.48 High : 10,592.62 Market Close : 10,570.88 – 64.68 points up
10,506
2010-04-13 17:54:00 The KSE-100 index has been holding up above 10,500 for the last two sessions after a lot of upward movement. It could break 10,500 and test 10,400-250 before its upward march to 10.850 - 11k. A bit more correction from here would be healthy for the market. Board Meetings : Board Meetings for April 2010 - ...
Market News
2009-12-20 17:31:00 The Karachi Stock Exchange (Guarantee) Limited has recomposed KSE Meezan 30 Index to take effect from December 21, 2009. According to KSE, seven companies, namely Attock Cement Pakistan, D G Khan Cement, Fauji Fertiliser (BQ), Kohinoor Energy, Packages, Shell Pakistan, and Unilever Pakistan have been included in the Index. These will replace Abbott Laboratories, BankIslami ... More About: News , Market
9,183
2009-12-19 12:44:00 News : Once an outperforming market of the region, Pakistan’s capital market lags behind its regional counterparts in terms of average annual return. Although, substantial foreign inflows and a bit improvement in the national economy, Pakistan’s stock market has registered 57 percent return in the year 2009 – the best performance of the market since ...
9,227
2009-12-17 19:31:00 Market Low : 9,213.48 High : 9,382.49 Market Close : 9,227.18 — 26.48 points down
9,253
2009-12-16 12:30:00 Market Low : 9,233.03 High : 9,343.37 Market Close : 9,253.66 — 12.38 points down
9,266
2009-12-15 22:49:00 News : Five new directors were elected to Karachi Stock Exchange (KSE) Board on Tuesday. The annual election was held to elect five new directors for the next term commencing from January 1, 2010….the five candidates who have been declared successful are: Abid Ali Habib, Muhammad Yasin Lakhani, Dawood Jan Mohammad, Mohammad Munir Mohammad Ahmed ...
9,280
2009-12-14 15:04:00 The KSE-100 index shot up on the news that Abu Dhabi had bailed out Dubai World with a $10 billion package. The market closed up by 2.69% at 9,280. Whether the market will continue upwards and successfully break its next resistance llevel of 9,300 remains to be seen. News : The failure of Oil and Gas ...
9,037
2009-12-12 11:47:00 News : Sui Southern Gas Company (SSGC) has inked an Extended Well Text (EWT) Gas Sales and Purchase Agreement (EWT-GSPA) with Hycarbex-American Energy Inc (HAE). Hycarbex, the operator of the field, will supply up to 28 million cubic feet per day (mmcfd) of gas for 15 months from the Haseeb Gas Field (Yasin Block No ...
8,999
2009-12-10 22:20:00 News : Moody’s Investors Service on Thursday has issued a new sovereign report on Pakistan that explains its reasoning for the B3 rating and stable outlook. "Pakistan’s B3 rating reflects the stabilization of economic and financial strength, albeit at low levels," says Aninda Mitra, Moody’s sovereign analyst for Pakistan, …..The country’s growth downturn is bottoming ...
8,905
2009-12-09 22:04:00 Market Low : 8,818.04 High : 8,930.52 Market Close : 8,905.43 — 61.47 points up
8,992 - 9k breaks !
More articles from this author:2009-12-07 22:47:00 News : The board of directors of Karachi Stock Exchange (KSE) has approved ready market short-selling for KSE-30 Index companies from January 4, 2010….The eligible securities for short selling are: Arif Habib Securities (AHSL), Adamjee Insurance Company (AICL), Azgard Nine (ANL), Attock Petroleum (APL), Attock Refinery (ATRL), Bank Al Falah (BAFL), Bank Al Habib (BAHL), DG ... 1, 2, 3, 4, 5, 6, 7 |
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