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
9,009
2009-12-06 22:17:00 News : The Oil and Gas Development Company Limited (OGDC) has held China Petroleum Engineering and Construction Company (CPECC) and a private sector company responsible for the delay in the installation of Front End Compression (FEC) for the Qadirpur gas field. Zahid Hussain, Managing Director/CEO of OGDC, in a letter to Secretary, Petroleum (a copy ... More About: Banks
9,096
2009-12-03 22:55:00 News : Having lost over $800 million, $1.5 million per day, the state-owned largest exploration and production company, Oil and Gas Development Company Limited (OGDCL), is considering an out-of-court settlement with a private sector company, which is engaged in litigation with it in different courts including Supreme Court and high courts. As many as 16 ...
9,087
2009-12-02 22:39:00 Market Low : 9,013.04 High : 9,132.56 Market Close : 9,087.70 — 74.66 points up
9,013
2009-12-01 22:20:00 The KSE-100 index opened down on panic selling based on the Dubai debt ‘Crisis ‘ . Most other markets have rebounded and risen since last week and hopefully the KSE-100 will do the same in this week. News : United Bank Ltd said Tuesday that its UAE balance sheet and operations are healthy and robust and ... More About: Banks
Market closed for Eid
2009-11-27 19:29:00 The Karachi Stock Exchange will remain closed from Friday 27th Nov. until Monday 30th Nov. due to Eid holidays in Pakistan. Trading will resume from Tuesday, Dec. 1st. More About: Market
9,206
2009-11-26 19:21:00 Market Low : 9,168.28 High : 9,247.13 Market Close : 9,206.21 — 1.64 points up
9,204
2009-11-25 22:31:00 News : A first cousin of late Benazir Bhutto - Mehfooz Mustafa Bhutto - has emerged as a central figure in a brewing controversy surrounding the highly questionable contract of $20 million by the Oil & Gas Development Company Limited (OGDC). Mehfooz is the marketing director of the lucky USA-based firm M/s Valerus. Mehfooz Mustafa, ...
9,233 - rate cut by 50bps
2009-11-24 22:24:00 Posting has been sporadic of late and will improve from now onwards. News : The State Bank of Pakistan cut on Tuesday its key policy rate by 50 basis points to 12.5 percent for December and January to spur economic growth, but it remained cautious because of the country’s security situation. “Striking a balance between monetary ... More About: Fertilizer
9,251
2009-11-19 22:01:00 Market Low : 9,144.76 High : 9,284.47 Market Close : 9,251.19 — 106.43 points up
9,204
2009-11-17 21:44:00 Market Low : 9, 184.75 High : 9,362.12 Market Close : 9,204.98 – 99.03 points down
9,304
2009-11-16 21:38:00 ; ; Market Low : 9,067.17 High : 9318.32 Market Close : 9,304.31 — 237.14 points up
8,924
2009-11-12 22:27:00 News : D.G. Khan Cement Ltd., Pakistan’s second-biggest producer, plans to invest 30 billion rupees ($360 million) to build a factory at home and in Sri Lanka, aiming to double capacity and tap demand in South Asia and East Africa. The company plans to invest as much as 10 billion rupees to build a ...
8,938
2009-11-03 21:52:00 Dividends : National Bank of Pakistan (NBP) earned profit after tax of Rs10.1 billion in first nine months of current calendar year against Rs 12 billion in the same months of last year.The net profit of the bank translated into earnings per share of Rs 9.34 during the months under review against Rs 11.80 in ... More About: Dividends
8,835
2009-11-02 21:42:00 Market Low : 8,835.06 High : 9,182.40 Market Close : 8,872.40 — 286.78 points down
9,159
2009-10-30 22:06:00 Dividends : Lucky Cement earned Rs 1.103 billion profit after tax in first quarter of current financial year against Rs 963 million in the same quarter of last year, showing 14 percent growth….the company’s earnings per share increased from Rs 2.98 per share to Rs 3.41 per share in the quarter under review.During July-September, gross ... More About: Dividends
9,169
2009-10-30 01:46:00 News : Engro Chemicals (Engro), Pakistan’s second largest urea manufacturer, said on Thursday in a letter to the Karachi Stock Exchange (KSE) that it planned to enter the rice processing and export business. It proposed setting up a rice processing plant in the province of Punjab which was expected to come online by the fourth ... More About: Dividends , Fertilizer
9,251
2009-10-28 21:33:00 Dividends : Engro Chemicals Pakistan posted Rs 2.599 billion net profit in the nine months ended September 30, 2009 as compared with net profit of Rs 3.359 billion for the same period of last year…Daily Times The Hub Power Company (HUBCO) earned Rs 1.108 billion profit during the first quarter of current financial year against Rs ... More About: Dividends
9,315
2009-10-27 22:56:00 Dividends : ICI Pakistan has posted a profit after tax of Rs1.58 billion for nine months ended September 30. This is 16.65 per cent higher than Rs1.35 billion net earnings the company booked in the same period last year.Accordingly, total earnings translate into earning per share of Rs11.40 against Rs9.78 for Jan-Sept 2008.The company managed ... More About: Dividends
9,436
2009-09-20 18:45:00 News : Two fertilizer plants, M/s Fatima Fertilizer Plant Rahim Yar Khan and M/s Engro Chemicals Plants at Dharki are near to completion and expected to be operational by November this year and October 2010 respectively. These plants will produce more than one million tonnes of fertilizer annually which will be sufficient to meet the ...
9,234
2009-09-17 23:29:00 Dividends : DG Khan Cement has recorded a Rs 525 million net profit in the year ended June 30, 2009, overcoming a loss of Rs 53 million in the last year. The earnings per share also rose by Rs 1.96 during the year under review against Rs 0.21 loss per share in the previous year, ... More About: Dividends
9,137
2009-09-16 23:53:00 Board Meetings : DGKC and JSCL will annouce their results 2moro. Market Low : 9,029.45 High : 9,151.26 Market Close : 9,137.06 — 107.61 points up More About: Board Meetings
9,029
2009-09-15 23:52:00 News : Oil & Gas Development Company (OGDC) has hit oil and gas reserves in Dakhni Well No 11, district Attock, Punjab….the well has produced 95 barrels of oil and 3.06 mmcf per day of gas…. Aaj News Market Low : 8,966.18 High : 9,084.73 ...
9,075
2009-09-14 23:29:00 Market Low : 9,058.77 High : 9,147.45 Market Close : 9,075.25 — 16.48 points up
9,058
2009-09-11 23:22:00 The week has ended on a positive note at the Karachi Stock Exchange. While the market looks like it is skating on thin ice, about to undergo a big correction at any point, it seems to be holding up. A lot of foreign money has boosted the KSE-100 index this month, more than for the ...
8,996
2009-09-10 23:18:00 Market Low : 8,965.59 High : 9,127.08 Market Close : 8,996.19 — 88.79 points down
9,084
2009-09-09 23:34:00 Market Low : 8,821.56 High : 9,121.79 Market Close : 9,084.98 — 263.42 points up
8,821
2009-09-08 22:59:00 News : The Sindh government and Engro Power Generation Limited on Tuesday signed an agreement for mining and generating 600-1000 megawatts power from Thar Coal fields on a public-private-partnership basis. The agreement was signed by Aijaz Ali Khan, Secretary Mines and Mineral Development on behalf of Sindh Government and Asad Umer, CEO Engro Ltd and ... More About: Insurance , Banks
8,935
2009-09-07 23:50:00 News : Karachi Stock Exchange (KSE) will hold a detailed presentation on market halt and widening of the scrip level circuit breakers on September 10, at the KSE auditorium. According to KSE here on Monday, the governing board of KSE has approved in principle the introduction of Index based market halts (based on KSE-30 Index) ...
9,002 - 9k breaks !
More articles from this author:2009-09-06 20:36:00 Friday saw the KSE-100 index break 9k and close marginally above . The result season is prcatically over with DGKC, POL & JSCL yet to announce their results.The market is quite overbought now esp. OGDC. There should be some correction coming next week. Market Low : 8,817.60 High : 9,016.83 ... More About: Breaks 1, 2, 3, 4, 5, 6, 7 |
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