+296 Erection
March 16, 2006
A frustrating day as the online trading system was down for most of the time (see the previous post).Fortunately the market was strong and closed at +296.45 with serious buying in ORGYDC which closed upper cap at 137.4 . Cements once again were rock hard as the inauguration of the Basha-Diamir Dam is due (was cancelled today owing to bad weather).
Mr. Long is bullish on NBP, 2moro is the last day of trading before the announcement on Saturday 18th. OMC’s (oil marketing companies) margins will be reduced considerably due to the new structure for determing petroleum product prices coming into play as of today. Finally Lakson Tobacco (LAKST) signs an agreement with Philip Morris to manufacture and sell Marlboro locally. Good news, relief from the shitty, stale fake fucking Marlboro currently being sold in town.
It seems that the worst is over now.
Upper Caps: ORGYDC / POL / ENGRO
CTTL bashed again down to a lower cap at 77.15
Market close = 10,689.36
