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
8,817
2009-09-03 23:20:00 Market Low : 8,737.56 High : 8,903.50 Market Close : 8,817.60 — 61.04 points down
Results / Dividends for September 2009
2009-09-03 12:52:00 Kot Addu Power Co. (KAPCO) : 42% Cash - EPS : 6.44 D.G. Khan Cement (DGKC) Jahangir Siddiqui & Co. (JSCL) Pakistan Oilfields Ltd (POL) More About: Results , Dividends , September
8,878
2009-09-02 23:12:00 News : The board of directors of Karachi Stock Exchange (KSE) is likely to finalise on Thursday arrangement for the launch of a leverage product at the exchange. An informal meeting of KSE board is scheduled to be held here on Thursday, where both concept papers of margin financing and CFS would be discussed, sources ...
Board Meetings for September 2009
2009-09-02 03:13:00 Kot Addu Power Co. (KAPCO) : 3rd D.G. Khan Cement (DGKC) Jahangir Siddiqui & Co. (JSCL) Pakistan Oilfields Ltd (POL) More About: Board Meetings , Board , Meetings , September
8,769
2009-09-01 23:38:00 Suttabhai has cancelled his trip to the mountains and regular posting will continue without any hiccups. The KSE-100 index made an intra-day high of 8,938 and closed up at 8,769. The market was extremely volatile with wild swings in certain stocks, (e.g. Rs.10 in OGDC) A lot of foreign money has been pumped into the ... More About: Dividends , Fertilizer
8,675
2009-08-31 10:47:00 Posting will be sporadic after today for the next 10 days as Suttabhai is off to the mountains where internet coverage is scrappy to non-existent. National Bank of Pakistan, the nation’s biggest lender by assets, said second-quarter profit declined 41.5 percent after it paid a higher rate of interest on savings accounts.Net income fell to 2.03 ... More About: Oil , Dividends
8,541
2009-08-30 23:52:00 The KSE-100 index closed up at 8,541 on Friday with a an increase of 226 points. The market is looking slightly overbought now and could well correct to 8,100 before reaching its next target of 8,700. News : Pakistan State Oil Ltd., the nation’s biggest fuel retailer, raised 15 billion rupees ($180 million) to help avert ...
8,319
2009-08-26 23:22:00 Market Low : 8,223.79 High : 8,323.02 Market Close : 8,319.74 — 73.02 points up
8,287
2009-08-24 23:17:00 Dividends : Pakistan Petroleum Limited (PPL) has posted Rs 27.702 billion in net profit in the year ended on June 30, 2009 against Rs 19.707 billion in the previous year, depicting 40 percent growth.The financial results sent to the Karachi Stock Exchange on Monday showed that earnings per share of the company also increased to ...
8,107
2009-08-21 23:36:00 The KSE-100 index closed at its highest level for 2009 as the market was boosted by the approval of the Bhasha dam project and the news of the launch of margin financing in the near future. While volumes were relatively low at 97.7 million , the market made an intra-day high of 8,118 and closed ... More About: Dividends
7,973
2009-08-20 23:37:00 Dividends : National Refinery Limited has declared a final cash dividend of Rs 12.50 per share as it posted a profit after tax of Rs 1,533 billion during the year ending June 30, 2009… the refinery earned a gross profit of Rs 2.813 billion during the period under review with earnings per share at Rs ... More About: Dividends
7,952
2009-08-19 23:08:00 News : The government on Wednesday announced that it will give 12 per cent shares (438 million shares) of state-owned Oil & Gas Development Company Ltd (OGDCL) to its employees free of cost…Giving further details, Qamar said a total of 438 million shares of the OGDC will be given to workers in lots of 3,000 ...
7,995
2009-08-18 20:56:00 Market Low : 7,932.55 High : 8,053.64 Market Close : 7,995.10 — 62.55 points up
Results / Dividends for August 2009 - II
2009-08-17 14:47:00 Packages : EPS : 46.38 Shell Gas LPG Pakistan Ltd (SGLL) Shell Pakistan : 80% CASH - EPS : 14.80 Arif Habib Bank : EPS : -1.14 National Refinery : 125% Cash - EPS : 19.17 Pakistan Refinery Ltd : EPS : -130.62 Attock Cement Pakistan Ltd : 32.5% Cash + 20% Bonus - EPS : 20.69 Askari Bank : EPS : ... More About: Results , Dividends , August
7,932
2009-08-17 12:50:00 News : Pakistan’s credit rating outlook was raised to stable from negative by Moody’s Investors Service, which cited an increased International Monetary Fund loan.The IMF bailout “would help to safeguard foreign currency reserve adequacy against the risks of further deceleration in private capital flows,” Moody’s analyst Aninda Mitra said in a statement today. The loan ... More About: Banks
Board Meetings for August 2009 - II
2009-08-16 18:35:00 Packages : (PKGS ) : 17th Shell Gas LPG Pakistan Ltd (SGLL) Shell Pakistan : (SHEL) : 18th Arif Habib Bank (AHBL) National Refinery (NRL) : 19th Pakistan Refinery Ltd (PRL) Attock Cement Pakistan Ltd ( ACPL) Askari Bank (AKBL) : 20th Faysal Bank (FABL) Habib Bank Ltd (HBL) : 21st Tri-Pack Films Ltd. (TRIPF) Azgard Nine Ltd (ANL) ... More About: Board Meetings , Board , Meetings , August
SBP reduces discount rate to 13 percent
2009-08-16 18:19:00 Governor State Bank of Pakistan Syed Salim Raza announced on Saturday a reduction in central bank’s key policy rate by 100 basis points to 13 percent, effective from August 17th. Unveiling the July-September 2009 Monetary Policy Statement at a press conference at SBP, Karachi, he said that SBP was introducing a corridor for the money ... More About: Discount , Rate , Discount Rate
Re-Composition of the KSE-30 index
2009-08-16 11:32:00 The KSE-30 index has been re-composed and the following companies will be included and excluded from August 17th :- INCOMING : Kot Addu Power Company Ltd Attock Petroleum Ltd ICI Pakistan Ltd. Bank Al Habib Ltd Pakistan Reinsurance Co. Ltd Shell Pakistan Ltd. OUTGOING : Arif Habib Ltd Pervez Ahmed Securites Ltd Askari Bank Ltd The Bank of Punjab EFU General Insurance Ltd Netsol ... More About: Composition , Index
Market Closed
2009-08-14 01:35:00 The Karachi Stock Exchange will remain closed today due to Independence Day, a public hoilday in Pakistan. More About: Market , Closed
8,011
2009-08-13 23:07:00 Dividends : The profit after tax of Oil and Gas Development Company Limited (OGDCL) has increased to Rs 55.539 billion in the year ended June 30, 2009 (FY09) as compared to Rs 44.338 billion earned in FY08. The earning per share of the company surged to Rs 12.91 in the period under review against Rs ...
8058
2009-08-12 12:29:00 Dividends : Pakistan’s Hub Power Co Ltd (Hubco) reported a net profit of 3.78 billion rupees ($45.7 million) for 2008/09, a jump of 45.4 percent from the previous year. Hubco, the country’s second-largest private power producer, earned net profit of 2.6 billion rupees in 2007/08…The firm also announced a final cash dividend of 2.0 rupees ... More About: Banks
8,044
2009-08-11 23:24:00 News : The operator of Tal Block has hit hydrocarbon deposits in the exploratory well Marmzai-1….Pakistan Oilfields Ltd (POL) said that in the lockhart formation, the upper 75 metres of the drilled section has produced 12 mmcfd gas and 430 barrels per day condensate…MOL Pakistan is the operator in the Tal Block with the other ...
8,082 - 8k breaks !
2009-08-10 23:04:00 The KSE-100 index finally closed above 8k and made its highest close since Dec.17th 08. The Karachi Stock market got a good hoist from the IMF news and the volume of shares traded increased to 155.5 million. Dividends : MCB Bank has earned profit before tax of Rs 11.7 billion during the first half ... More About: Breaks
7,872
2009-08-08 23:08:00 Talks with the IMF have been successful in terms of the release of the 3rd tranche & an additional loan of $3.2 billion. As the market had been sitting on the fence awaiting the news, it should propel the KSE-100 index above 8k next week. The final upward trigger will depend on how many ... More About: Banks
7,822
2009-08-06 23:46:00 Dividends : Attock Petroleum has earned a record profit after tax of Rs3.08 billion for the year 2008-09 and declared a final cash dividend of Rs15 per share… pre-tax profit was up at Rs4.28 billion for the period ended June 2009… Earnings per share surged to Rs53.51 during the period under review compared to Rs45.86 ... More About: Dividends
7,834
2009-08-05 23:44:00 The KSE-100 index made an intra-day high of 7,896 and closed up at 7,834. The market should break 7,900 and hold to go through 8k with some correction along the way. Perhaps the ‘’badla'’ issue will be sorted out before the result season ends, giving the market a much needed boost to sustain its ... More About: Dividends
Results / Dividends for August 2009
2009-08-05 10:49:00 Lucky Cement : 40% Cash - EPS : 14.21 Attock Petroleum : 150% Cash - EPS : 53.51 MCB Bank : 25% Cash - EPS : 11.22 Allied Bank : 20% Cash - EPS : 4.30 Pakistan State Oil : EPS : -39.05 Hub Power Co. : 20% Cash - EPS : 3.27 Nestle Pakistan : 300% ... More About: Results , Dividends , August
7,796
2009-08-04 12:34:00 News : Lucky Cement Ltd., Pakistan’s biggest producer, plans to start its first overseas factory in Africa by 2011 to take advantage of a construction boom. “The African market is where the future growth for Pakistan lies,” Chief Executive Officer Muhammad Ali Tabba said yesterday in an interview in Karachi. “Demand is growing and there ...
7,716
2009-08-03 23:11:00 News : Stock brokers are about to convince authorities to re-launch the same leverage product (after rectifying it) on the Karachi bourse, which they had banned in April this year. They had identified the product as the main cause of 2008 historic crisis. The product was called the Continuous Funding System Mark-II (CFS MK-II). And ...
Board Meetings for August 2009
More articles from this author:2009-08-01 15:25:00 Lucky Cement (LUCK) : 5th Attock Petroleum : (APL) : 6th MCB Bank (MCB) : 8th Allied Bank (ABL) : 11th Hub Power Co. (HUBCO) : 12th Pakistan State Oil (PSO) Nestle Pakistan (NESTLE) Oil & Gas Development Co. (OGDC ) : 13th More About: Board Meetings , Board , Meetings , August 1, 2, 3, 4, 5, 6, 7 |
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