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
15,472 - soaring higher
2008-04-05 00:40:00 The KSE-100 index shot up to a new intra-day high of 15,523 and closed at another record high of 15,472. 3 record highs in 3 consecutive days. OGDC was the flavour of the day and finally pulled its finger out to make a high of 139.95 having stagnated for days in a range of 133-136.80. ... More About: Banks , Dividends , Soaring , Higher
Board Meetings for April 2008
2008-04-04 00:50:00 Jahangir Siddiqui & Co. (JSCL) : 8th Pakistan Refinery Ltd. (PRL) : 11th Shell Pakistan (SHEL) : 17th Fauji Fertilizer Bin Qasim (FFBL) : 23rd Packages Ltd (PKGS) : 24th More About: Board Meetings , April , Board , Meetings , 2008
15,345 - another new high
2008-04-04 00:30:00 The KSE-100 index traded in a narrow band today, from a low of 15,304 to a new intra-day high of 15,401.The market closed up at 13,345, another record close. Lucky Cement was the flavour of the day closing at its upper limit with 28.9 million shares traded. Overall market volumes increased considerably with 224.7 million ... More About: High
15,333
2008-04-03 00:57:00 The Karachi Stock market closed at an all time high of 15,333. Upper Caps : NML/ PACE / PICT / AZGARD NINE Market Low : 15,052.91 High : 15,333.79 Market Close : 15,333.79 – 123.93 points up
15,210
2008-04-02 00:10:00 The KSE-100 index was back on track today and closed up at 15,210. Volumes were marginally higher with 158.4 million shares traded. Azgard Nine was the flavour of the day closing up at its upper limit. FFC made its highest close for the year at 145.60. Upside resistance is at 15,300. News : The Federal government ... More About: Banks
15,125
2008-04-01 00:03:00 The Karachi Stock market corrected down to 14,971 today and recovered to close at 15,125. Rumours of the ‘’March 2005 crisis" being reinvestigated dampened the market sentiment. It seems once again that we are looking backwards instead of going forwards, crying over split milk for an issue 3 years old ! Perhaps some of the ...
15,268
2008-03-31 00:30:00 On Friday the KSE-100 index showed some resilience as it closed down by only 6 points. There seemed to be no weekend selling as such and the market stayed in a tight range of 15,221 - 15,311. Upward resistance is from 15,333-400 and downside support is at 15,100 Dividends : Adamjee Insurance : 15% Cash EPS ...
15,275 - further highs
2008-03-27 23:32:00 Slowly but surely the Karachi Stock market is setting new highs.Today’s close at 15,275 and intra-day high of 15,333 have broken all records (so far ). The market is nearly 4000 points up from 27/3/2007. Arif Habib Securities was the top scorer in terms of volume with 22.6 million shares traded. 2moro’s "Friday show" could ...
15,199 - another new high
2008-03-26 23:13:00 The KSE-100 index is scaling new peaks, though not very convincingly, by only a few points at a time. Today’s close at 15,199 is the highest so far, with no doubt there will be more to come. Oil has risen by $5 dollars today on the news of a US shortfall in supplies. JS Bank ... More About: High
15,122
2008-03-25 23:14:00 The KSE-100 index made a new intra-day high of 15,297, yet closed down at 15,122. As it is rollover week there could be some more selling pressure. Upward resistance is 15,230. News : The Securities and Exchange Commission of Pakistan (SECP) has said that CFS MK-II will be implemented from the previously announced date of April ...
New stocks added to Future Contracts
2008-03-24 23:27:00 There are some new faces in the list of stocks eligible for April futures which began trading today. Amongst them are : Allied Bank / Arif Habib Bank / Arif Habib Securities / Adamjee Insurance / JSBL / Netsol / NRL… The whole list can be seen at www.kse.net.pk under Market Data on the left, ... More About: Stocks , Future , Contracts
15,182 - another new high
2008-03-24 23:01:00 The KSE-100 index opened up with a huge erection of over 190 points. Making an intra-day high of 15,231, the market closed up at an all time high of 15,182, embracing the dawn of democracy, celebrating a new chapter of corruption with one of the most corrupt political parties in Pakistan’s history at the helm. ... More About: High , Cement
Market Closed
2008-03-21 14:41:00 The Karachi Stock Exchange will be closed today on account of a public holiday in Pakistan. Trading will resume on Monday 24th March. More About: Market , Closed
KSE-100 index recomposed
2008-03-21 07:33:00 The KSE carried out the re-composition exercise and the details of the changes in KSE-100 index companies for the review period from September 2007 to February 2008 on the re-composition rules of KSE-100 index…A total of four companies will be affected due to re-composition process…The revised index will be effective from April 01, 2008. The ... More About: Index
14,994
2008-03-20 23:06:00 The Karachi Stock market dipped down to a low of 14,822 and then recovered to close up at 14,994. Bank Alfalah was the flavour of the day with 26.5 million shares traded. The next upward resistance is 15,050-100. News : United Bank Ltd signed a Development Finance Cooperation Agreement, with China Development Bank, a largest policy ... More About: Banks
14,964
2008-03-19 23:47:00 The KSE-100 index recovered from yesterday’s big slide to close up at 14,964. OGDC was the flavour of the day with 25.1 million shares traded. PSO made a record close of 539.70. Upward resistance is at 15,050. News : The Ministry of Petroleum & Natural Resources on Wednesday announced a new discovery of oil and gas ... More About: Cement
14,728 - a good bashing
2008-03-18 23:15:00 The Karachi stock market got properly reamed today with a low of 14,506 and recovered to close down at 14,728. Most of the blue chips hit their lower limit at some point, and Lucky Cement was the top volume stock with 26.6 million shares traded. There should be some pullback 2moro with 14,900 being ... More About: Good
15,043
2008-03-17 23:33:00 Another choppy day at the Karachi Stock Exchange with volumes shrinking down to 120 million shares traded. PSO closed at a new high of 538.55. Despite regional and world markets getting fucked out of shape after Bear Stearns was sold for $2 per share today, the market showed resilience and closed marginally down at 15,043. ... More About: Banks , Cement
15,087
2008-03-16 23:57:00 Friday saw the KSE-100 index close up at 15,087 with an intra-day high of 15,164 and a low of 15,027. The market looks shaky and needs to close above 15,150 for more convincing upside. News : The caretaker government on Saturday revised the across-the-board petroleum products prices upward by 7 percent. MS (motor spirit) price per ...
15,074
2008-03-13 23:10:00 The Karachi stock market opened up and made a new intra-day high of 15,231, then corrected down to 14,989 and closed down at 15,074. DGKC was the top volume stock traded today with 34.2 million shares. PSO made its highest close todate at 522.15. BOP got bashed down to lower cap by baseless rumours of ... More About: Cement
15,171 - another new high
2008-03-12 23:54:00 The KSE-100 index opened up and closed on a new high of 15,171, the highest close to date so far. Lucky Cement was the top volume stock traded with 33.6 million shares traded. Engro Chemical closed at its highest close of 343.90. Oil made a high over $110 today. The market is headed for 15,500 ... More About: High
14,944
2008-03-11 23:20:00 A choppy ride on the KSE-100 index today with a low of 14,818, a high of 14,959 and a positive close of 14,944. Bank Alfalah was the flavour of the day with 23.5 million shares traded and closed at 64.40, its high for the year so far. The next upward resistance is 15,085. News : World ...
14,913 - correction
2008-03-10 23:53:00 The KSE-100 index opened up making a high of 15,155 and then got bashed down to close at 14,913. The correction could continue 2moro as well before any signs of recovery. Total traded volumes shrunk down to 135 million shares. Oil hit a new peak above $108 today. Downside sees 14,750 as support. Dividends : Azgard ... More About: Textiles
15,085
2008-03-09 19:27:00 On Friday, the Karachi Stock market opened up making a new intra-day high of 15,192, dipped down to 15,021, and closed down at 15,085. FFBL was the flavour of the day with 42.8 million shares traded. Fauji Fertilzer closed at its upper limit, making its highest close in 2 years at 142.80. Oil is hovering ...
15,145 - another record high
2008-03-06 23:16:00 The KSE-100 index continued its upward march making an new intra-day high of 15,179 and closing up at a record high of 15,145. OGDC was the major flavour of the day closing at its upper limit with 66.3 million shares traded. PSO and Engro Chemical closed at new record highs at 511.10 and 339.15 respectively. ... More About: High , Record
14,957
2008-03-05 23:50:00 The KSE-100 index finally rebounded after 3 sessions of corrections, to close up at 14,957. OGDC was the top volume stock traded with 22.6 million shares. PSO closed short of its upper limit at 505.50, a record close. Oil has jumped upto over $104.70. The market should head upwards to test its previous high of ... More About: Cement
14,739
2008-03-04 23:01:00 The KSE-100 index opened up and made an intra-day high of 14,896. It stayed positive for most of the day, until the news of bomb blasts in Lahore bashed it down to a low of 14,641. The market recovered to close down at 14,739. The market has now corrected by 343 points since its record ...
14,816 - more correction
2008-03-03 23:41:00 The KSE-100 index made a high of 14,970 and then undertook a much needed correction down to 14,740. It recovered to close down at 14,816. Voulmes were considerably lower at 144 million shares traded. Bank Alfalah was the top volume stock traded today. News : Dubai-based private equity company Abraaj Capital said on Monday it ...
14,934 - some correction
2008-03-02 21:42:00 Friday’s close saw some correction with the Karachi Stock Market making an intra-day high of 15,146 and closing down at 14,934. Whether the correction will continue remains to be seen 2moro as quite a few stocks are still overbought. The recent 9% increase in petrol prices could well take the OMC’s up and some of ... More About: Dividends , Cement
15,079 - another record close
More articles from this author:2008-02-28 22:47:00 Once again the KSE-100 index has closed at a new record high at 15,079. FFBL was the flavour of the day with 32.7 million shares traded. PSO closed at its peak of 499.80 along with Engro Chemical which also closed at its peak at 323. Upward resistance is 15,155. News : Oil prices skyrocketed on Thursday ... More About: Close , Record 1, 2, 3, 4, 5, 6, 7 |
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