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
14,772
2007-12-27 01:09:00 The KSE-100 index dipped down to 14,668 and then recovered to close at 14,772. Benazir Bhutto was killed earlier today at 16.20 pm in a rally in Pindi. This will certainly make the market plummet when it opens on Monday. News : After the government’s permission to redeem 10 percent of NIT units held by ... More About: Banks
14,814 - the highest close (so far)
2007-12-26 22:39:00 The KSE-100 index once again closed at its all time high at 14,814, but is yet to surpass its intra-day peak of 14,908. The market is headed to break 15k, but could correct along the way. Immediate resistance is at 14,908-15k and downside support is at 14,700. News : Engro Energy (pvt) Limited - a 100 ... More About: Close
MERRY CHRISTMAS
2007-12-25 01:01:00 The Karachi Stock Exchange will be closed today. MERRY CHRISTMAS !! More About: Christmas , Merry Christmas , Merry
14,788
2007-12-24 19:46:00 The KSE-100 index has closed at its all time high today, with 14,900- 15k plus very much in sight. Bhosricor was the volume leader once again with 28.5 million shares traded. AHBL opened for provisonal trading today with a high of 40.75 and closed up at 37.30. The next upward resistance is 14,900 . Upper ...
Market Closed - Eid Holidays
2007-12-20 01:53:00 The Karachi Stock Exchange will be closed on Thursday 20th-21st December for Eid Holidays . Activity will resume on Monday 24th Dec. More About: Market , Closed
14,660
2007-12-19 23:47:00 After a week of fucking boring, range-bound lassitude, the KSE-100 index rose upto an intra-day high of 14,676 and closed up at 14,660, ( the 3rd highest close in the history of the market). Bhoscricor was once again the flavour of the day with 31.7 million shares traded. Volumes doubled from yesterdays 88.3 mil to ... More About: Banks
14,508
2007-12-18 23:36:00 The Karachi Stock market broke 14,500 on an intra-day basis making a low of 14,474 and then recovered to close at 14,508. Volumes shrank to 88.3 million as there is not much interest in the market with a long weekend and X’mas coming up. Hopefully it will pick up next week. News : Pakistan is all ... More About: Cement
14,544
2007-12-17 22:12:00 Another relatively lacklustre at the Karachi Stock market with low volumes of 113 million shares traded, an intra-day high of 14,636 with the market closing down at 14,544. Askari Bank was the flavour of the day with 17.7 million shares traded. The market is still holding on to 14,500, but for how long ? If ...
14,556 - Holding on
2007-12-15 11:56:00 In the last two sessions, the KSE-100 index has held on to the support levels of 14,500. It has made lower highs and lower lows. Perhaps the market will get a minor boost next week with the emergency rule being lifted over the weekend. Volumes are shrinking and Friday’s flavour of the day was Bhosricor ... More About: Banks , Holding , Holding On
14,534
2007-12-13 23:01:00 Upper Caps : Callmate Telips / Azgard Nine Market Low :14,516.53 High : 14,647.45Market Close : 14,534.01 – 22.10 points down
14,556
2007-12-12 23:27:00 The Karachi Stock market made an intra-day high of 14,680 and closed down at 14,556. Arif Habib Securities was the flavour of the day with 30 million shares traded. The market could do with a good correction here to enable it to rise further and restest its previous high. Downside support is at 14,500-14,300. News ...
14,633
2007-12-11 23:06:00 The KSE-100 index dipped down to a low of 14,435 and then recovered to close up at 14,633. Pakistan Cement was the flavour of the day with 19.5 million shares traded due to Lafarge S.A.’s acquistion of Orascom Construction Industries which has a 69% stake in PCCL. MCB made another new all time high and ... More About: Telecommunication
14,571 - Heading to retest 14,908 ?
2007-12-10 23:30:00 The Karachi Stock market continued its upward run today, opening up with a gap and making an intra-day high of 14,615. Arif Habib Securities was the volume leader today with 20.8 million shares traded out of a relatively low volume total of 170.2 million shares. MCB has closed on a new all time high of ... More About: Heading
14,473
2007-12-09 21:11:00 Friday’s close saw the KSE-100 index rise further upwards , with an intra-day break above 14,500 , closing up at 14.473. OGDC was the flavour of the day with 29.3 million shares traded. MCB closed at its highest ever at 401.90, its recent price soaring due to an unconfirmed rumour that Barclays are looking to ...
14,329
2007-12-06 23:19:00 Suttabhai has been travelling and posting will continue from 2moro. Upper Caps : AHL / Bosicor / MCB / CCBL / SNBL / FABL Market Low : 14,137.83 High : 14,347.50 Market Close : 14,329.06 –128.52 points up
13,925
2007-12-03 23:11:00 The KSE-100 index made a high of 14,039, then slid down to a low of 13,875 and closed down at 13,925. Volumes were amongst the lowest for the year with only 83.8 million shares traded. JS Bank was the flavour of the day and traded 20.5 million shares. Lack of news and an overdue correction ...
13,998
2007-12-02 20:17:00 On Friday,the KSE-100 index made a high of 14,070 and closed up at 13,998. There have been consecutive 10 sessions where the market has closed in the green, 759 points up. Despite creeping upwards, the market now appears to be struggling with the main blue chips not going any further. There could well be a ...
13,965 - Heading for 14,300 ?
2007-11-29 23:19:00 The KSE-100 index opened up with a gap, crossed the 14k mark and closed up at 13,965. Cements were the flavour of the day due to the recent increase of Rs.10 per bag. The transition of Gen. Mush to Mr. Mush, securing another 5 year term as President and anticipation of the emergency rule being ... More About: Banks , Heading
13,797
2007-11-27 23:28:00 The KSE-100 index made a low of 13,698, a high of 13,897 and closed up at 13,797. The market looks shaky despite closing up and certain stocks are at lower levels at this index , than when the market was below 13,700. Downside support is 13,655 -500 and upside resistance is 13,850- 13,920. News : World ...
13,776
2007-11-26 22:54:00 The Karachi Stock market opened up and made a high of 13,852 . It then dipped down to its low of 13,713, crossed 13,800 again and closed up at 13,776. OGDC was the flavour of the day followed by NBP and PTC in terms of volume. The market has finally closed well above its 30 & 50 DMA’s and upward resistance is at 13,850 leading to 14,000. News : None worth mentioning. Market Low : 13,713.73 High : 13,852.39 Market Close : 13,776.95 – 44.76 points up
13,732
2007-11-25 22:15:00 Friday’s close saw the KSE-100 index continue its rise and break 13,700 to close up at 13,732. Oil was the flavour of the day with PSO closing at 422.80 and POL closing up at 349.50. The market looks set to hit 14k plus with possibly a correction along the way. The exiled buffoon has returned ...
13,542
2007-11-22 22:53:00 The KSE-100 index continued its upward march and made a high of 13,624. It then corrected to close up at 13,542. The market must close above its 30 & 50 DMA’s for there to be further upward momentum. Downside support is at 13,450-13,300 and upside resistance is 13,650. There could be some weekend selling 2moro ... More About: Banks
13,508
2007-11-21 23:26:00 A stable, positive session for the KSE-100 index, making a high at 13,521 and closing up at 13,508. Its seems that confidence is slowly creeping back into the market and volumes are rising daily after Fridays low. The return of the exiled buffoon next week could put a spanner in the works.The market has still ...
13,316
2007-11-20 22:34:00 A choppy day at the Karachi Stock Exchange with the index making a low of 13,201, a high of 13,346 and closing up at 13,316. OGDC continued its gains and made a high of 120.90. Oil has hit $98 again. Upside resistance is 13,360-13,470. News : Adamjee Insurance Company Limited proposes to hold an extraordinary general ...
13,239
2007-11-19 23:13:00 The KSE-100 opened up and then sank down to a low of 12,881.The market then made a strong recovery to close up on its high of 13,239. The recovery was based on the news that the SC dismissed 5 of the 6 main petitions filed to challenge G.Mush’s re-election. Also a change in the E&P ...
13,082
2007-11-18 22:43:00 Friday saw the KSE-100 index spike up to make a high of 13,200, followed by a dive into the red down to 13,048 and closing down at 13,082. One of the lowest volumes of the year with only 65 million shares traded in total. With no further news on the political fron the market is ... More About: Telecommunication
13,110 - More reaming
2007-11-15 19:55:00 The Karachi Stock market got reamed further today with an intra-day low below 13k at 12,981 and then made a swift recovery towards the end to close at 13,110. OGDC was the flavour of the day with 17.9 million shares traded todayfrom a shrinkinmg total of 138.8 million. It was the only major stock to ... More About: Banks
13,315 - Bashed
2007-11-14 19:20:00 The KSE-100 index got a good bashing today. Having made an intra-day high of 13,713 it dipped down to 13,284 and closed down at 13,315. Buy some Vaseline ! News : Importers of dai ammonium phosphate (DAP), an essential crop nutrient, have raised the price by Rs 100 per 50-kilogram bag on the back of soaring ... More About: Banks , Fertilizer
13,620
2007-11-13 17:10:00 The KSE-100 index dipped down to 13,541 and then recovered to make a high of 13,739. Volumes were low again with 151 million shares traded. The market seems to be consolidating re : political news and didn’t appear to give a toss about the Big Thief’s seven day detention. The Karachi Stock market is still ...
13,656
More articles from this author:2007-11-12 15:23:00 The KSE-100 index opened up with a 140 point gap on the news of a tentative election date in Jan. It made an intra-day high of 13,701 and closed up at 13,656. The market is still trading below its 30 DMA. Volumes were on the lower side with only 153 million shares traded. The euphoria ... More About: Dividends 1, 2, 3, 4, 5, 6, 7 |
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