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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 ...

12,000 index breaks

April 10, 2006

12k breaksThe market broke through 12000 points making a high of 12,077.61. POL made an intra-day high of 667.9 and GASF closed at 10.4 , up 25% since April 5th. The market  maintained a level of 120+ for some time , finally coming off at the end , closing at 11,992.23, up 55.64 points . It’s possible it might correct a bit further when it opens on the 12th (11th is a holiday ) and then resume its upward movement towards 12,700.

UPPER CAP : UNBL 

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