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
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
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
Stock Index Futures Contract (SIFC) to start on March 3rd
2008-02-28 01:25:00 The Karachi Stock Exchange has announced that the Stock Index Futures Contract shall commence through the Karachi Automated Trading System from March 3, 2008…The top-25 securities eligible for deposit against SIFC exposure are Oil & Gas Development Company Limited (OGDCL), Arif Habib Securities Limited (AHSL), National Bank of Pakistan (NBP), Engro Chemical (Engro), Pakistan Oilfields ... More About: Start
15,020
2008-02-27 22:43:00 The Karachi Stock market made a new intra-day high of 15,155 but failed to maintain its gains and closed down at 15,020. Bank of Punjab was the top volume stock with 47.4 million shares traded. Total volume rose considerably to 308 million after yesterday’s 200 million. It looks like the market is correcting intra-day with ... More About: Dividends
15,056 - Closing above 15k
2008-02-26 23:44:00 The KSE-100 index has finally closed above 15k at 15,056, another new record close. The Karachi Stock market is up by 10% since January 1st. and has risen 1,170 points in the last 10 sessions. D.G.Khan Cement was the top volume stock traded today with 42.1 million shares traded. MCB closed at 480.50, yet another ... More About: Banks , Dividends
Dividends, Bonuses and Results for February 2008 - II
2008-02-26 22:03:00 Results posted earlier in the month can be seen at Dividends , Bonuses & Results for 2008 .html">February 2008 Engro Chemical (ENGRO) : 30% Cash + 10% Rights at Rs.165/- EPS : 17.17 National Refinery (NRL) : EPS : 24.73 Askari Bank Ltd (AKBL) : 35% Bonus + 15% Cash EPS : 8.92 Pakistan Oilfields Ld (POL) : EPS : 18.97 Attock ... More About: Results
14,947
2008-02-26 00:36:00 The Karachi Stock market opened up and made an intra-day high at 15,139. Unable to sustain its gains, the market closed down at 14,971. National Bank was the top volume stock traded today with 30.3 million shares traded. MCB made yet another record close at 477 along with a new intra-day high of 494.80. Volumes ... More About: Dividends
14,980
2008-02-24 23:07:00 On Friday the KSE-100 index opened up, dipped down to 14,888 and then rose to close at 14,980, another all time high. DGKC was the flavour of the day with 32.1 million shares traded. MCB has made another all time high closing at 472. The market is getting more overbought by the day and while ... More About: Dividends
14,971 - 15k breaks intra-day
2008-02-21 23:03:00 The KSE-100 index finally broke through 15k and made an intra-day high of 15,034. The market closed up at 14,971, the current all time high. Askari Bank was the flavour of the day with 37.1 million shares traded. MCB closed on a new record high of Rs.451.75 along with Allied Bank that set a record ... More About: Breaks
14,829 - The highest close (so far)
2008-02-20 22:48:00 The Karachi Stock market opened up and made its all time intra-day high at 14,957 and also closed at its highest level of 14,829. MCB closed at 445 at its second upper limit in 2 days and at its all time high. Arif habib securities was the top scorer of the day with 39 million ... More About: Fertilizer , Close
14,797 - Heading for 15k ?
2008-02-19 17:20:00 With the elections passing peacefully and no violence today, the KSE-100 index shot up to an intra-day high of 14,822 to close 3% up at 14,797. This is the highest close for the year and the market could well test its previous intra-day high of 14,908. A massive volume of 309 million shares were traded ... More About: Telecommunication , Heading
Market Closed for Elections
2008-02-18 02:37:00 The Karachi Stock Exchange will be closed today as it is a public holiday for the Elections in Pakistan. More About: Market , Closed
Bank of Punjab to sell 51% of its stake
2008-02-17 23:23:00 Punjab Governor, Lieutenant General Khalid Maqbool (Retd) has issued an ordinance, allowing the sale of 51 percent shares of Bank of Punjab to a strategic investor…With a network of 272 branches, Bank of Punjab has a balance-sheet size of Rs 240 billion. With deposits touching Rs 200 billion and advances Rs 130 billion, its share ... More About: Banks , Sell , Punjab
14,353
2008-02-15 20:07:00 Another day of the KSE-100 index going full steam ahead with an intra-day high of 14,420 and closing up at 14353. OGDC was by far the top volume of the day with 52 million shares traded from a total of 226.5 million. While the number of stocks that rose were lower than those that fell, ... More About: Banks , Dividends
14,282
2008-02-14 22:30:00 The KSE-100 index shot up again and closed on its high of 14,282. Banks were the flavour of the day with National Bank closing at its upper limit. Oil rose above $95 today. With a long weekend coming up (the market is closed on Monday 18th for the farcical elections) there could be some selling ... More About: Dividends
14,116
2008-02-13 23:09:00 The market continued upwards making a an intra-day high of 14,150. It closed up at 14,116. BOP was the top volume traded stock today with a turnover of 22.7 million. Dividends : Shell Pakistan: Shell Pakistan has posted Rs 1.689 billion in the half year ended on December 31, 2007, reflecting phenomenal increase of almost ...
Board Meetings for February 2008 - II
2008-02-13 13:20:00 Pakistan State Oil (PSO) : 15th Feb Nishat Mills (NML) : 16th Feb Arif Habib Bank Ltd (AHBL) Fauji Cement (FCCL) : 20th Feb. Engro Chemical (ENGRO)National Refinery (NRL) Askari Bank Ltd (AKBL) : 21st Feb.Attock Refinery Ltd (ATRL) :Bank Al-Habib (BAHL)Faysal Bank Ltd (FABL) 3pmAttock Petroleum Ltd (APL) 6 pm Indus Motors (INDU) : 22nd Feb.Soneri ... More About: Board Meetings , Board , Meetings , February 2008 , February
14,099
2008-02-12 23:51:00 Just when one thought the market was headed south after closing below 13,900 yesterday, the KSE-100 index tore through 14k to close up at 14,099. Volumes increased considerably wth a total of 176.6 million shares traded. Arif Habib Securities Ltd. was the flavour of the day with 24.8 million shares traded. Cements got an erection ...
Dividends, Bonuses and Results for February 2008
2008-02-12 02:56:00 Nestle Pakistan Ltd (NESTLE) : 100% Cash EPS : 39.81 JS Value Fund Ltd (JSVFL) : 30% Cash EPS : 4.73 Netsol Technologies (NETSOL) : Pakistan Refinery Ltd (PRL) : Shell Pakistan (SHEL) : Hub Power Co. (HUBC) : Habib Bank Ltd (HBL) : United Bank Ltd (UBL) : Packages Ltd (PKGS ) : Kot Addu Power Co. (KAPCO) : ICI Pakistan (ICI) : Arif ... More About: Results , Dividends , February 2008 , February , 2008
13,885
2008-02-11 19:25:00 After days of trying to break 14,070, the Karachi stock market finally closed below 13,900 at 13,885, its lowest close since Jan.28th. NIB Bank was the top scorer today with 12.9 million shares traded. Downside support is at 13,800-700. News : Foreign investors who have stuck with Pakistan are clearly made of stern stuff as ...
13,938
2008-02-10 20:22:00 Friday saw further lethargy in terms of trading activity, with 69 million shares traded. The KSE-100 index made a high of 14,018 and closed down at 13,938. The next week could be quite volatile with the build up to the farcical elections alluding to the myth of democracy. The result will make no fucking difference ... More About: Banks , Cement
13,993
2008-02-07 23:33:00 Once again, the KSE-100 index opened up, made an intra-day high of 14,066 and then slid down to a low of 13,920. The market recovered to close down at 13,993. Arif Habib Securities Ltd. was the volume leader and traded 12.2 million shares from today’s total of 74.3 million. Dividends : Nestle Pakistan : 100% ... More About: Telecommunication
14,018
2008-02-06 23:25:00 The KSE-100 Index opened up, made an intra-day high of 14,052 and closed up at 14,018. NETSOL was the flavour of the day with 10.8 million shares traded. Yet another day of low volumes and the inability to close above 14,050. Board Meetings for February 2008 - updated. PSO was due to announce its results ...
Market Closed for Kashmir Day.
2008-02-05 01:17:00 The Karachi Stock Exchange will remain closed today due to Kashmir Day, a public holiday in Pakistan. More About: Market , Closed
13,995 - The 500th Post !
2008-02-04 22:56:00 For what it is worth, this is the 500th post on this blog ! The Karachi Stock market opened up and made a high of 14,052. The gains dwindled down to a low of 13,974 and the market closed up at 13,995. Another day of low volumes with only 83.4 million shares traded. Dewan Salman was ... More About: Post
13,974
2008-02-03 23:40:00 On Friday, the KSE-100 index made a high of 14,059 and closed down at 13,974. Volumes were extremely low with only 73.5 million shares traded. Upside resistance is 14,070 and downside support is 13,800. News : The cement sector exports witnessed a growth of 148 percent, to 3.596 million tons, during the July-January period of ... More About: Cement
Board Meetings for February 2008
More articles from this author:2008-02-01 19:09:00 Pakistan State Oil (PSO) : 6th Feb. Pakistan Refinery Ltd (PRL) : 11th Feb. 14.30pm Shell Pakistan (SHEL) : 12th Feb. 2pm Packages Ltd. (PKGS) : 14th Feb.Habib Bank Ltd : (HBL)Kot Addu Power Co. Ltd (KAPCO) More About: Board Meetings , Board , Meetings , February 2008 , February 1, 2, 3, 4, 5, 6, 7 |
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