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Daily updates on the Karachi Stock Market, with news, company dividends and KSE-100 index movements.The rollercoaster of a day trader's dream /nightmare riding the KSE-100 index. More than 860 posts and counting ...

Choppy Ride

March 28, 2006

Choppy rideThe market experienced a choppy ride today with ORGYDC looking like it would break, taking the market down with it at times. Support from PTC held it up and in general there seemed some stability at low volumes for most of the day. FFC performed after ages making a high of 135.3 and a lot of buying in FFBL as well. PPL didn’t quite display the strength of the previous day. Banks got a bit of a boost. The  future depends on OGDC ’s ability to hold its current level as the market tries to test breaking its previous high of 11,692. Market closed at 11,449.52, up 47.4 points.Too busy and tired to elaborate further. Sutta Bhai has a lot on his plate this week.

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