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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 ...

Swinging at a 12,000 plus index

April 14, 2006

Wild swings at 12k plusThe market remained up for the first half and then in the second half had a big dive down to -15 points at 12,045.63 having witnessed  an all time intra-day high of 12,142 earlier. With oil prices at $ 69.45, POL went through the fucking roof closing at 703.65 at its upper limit and all time high. PPL finally moved , closing at 282. FABL was fucked down to its lower limit after its results were announced today. UNBL broke its cap and went down to 74.5 and then went upper cap again. Rumours that Standard Chartered Bank are taking them over have resulted in it upper capping for some days now.

MARKET CLOSE : 12,136.83 (76.10 points plus ) another all time high ! 

UPPER CAP : POL / CTTL / UNBL

LOWER CAP : FABL 

 

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