Stability
March 22, 2006
The market managed to maintain its upside, despite looking shaky at +99 and closed at 11,278.45 (+148.61 points ). Big buying in ORGYDC yet again, closing at 154.95 with 89 million shares traded. PTC rose towards the end closing at 64.9 . Banks took a bit of a whacking. Suis closed at upper cap based on privatization news, Sui North closing at an all time high of 115.5.
Bhosricor planning to set up another 120,000 bpd refinery , costing $225m.
UPPER CAP : SNGP/ SSGC / TELECARD / CTTL / BHOSRICOR (cap for the 4th consecutive day )
2moro is a holiday, as it’s Pakistan Day. Sutta Bhai will be back on Friday 24th.
