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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 ...

Market closes at another all time high

April 17, 2006

More upward movement The market started the day with cements being bashed down, due to an anouncement by the Govt. about allowing duty free imports of cement from India with a Rs.60 freight subsidy per bag , making the price a 30% discount to the current mkt. rate at Rs.276 per bag. ORGYDC soared to 170.5 and POL to 722. FABL bashed down to its second cap hitting a low of Rs.66.5. The market recovered including Lucky & DGKC making an intra-day high of 12,293.84 and closing at an all time high of 12,273.82

Market close : 12,273.82 (137 points plus ) 

UPPER CAP : PPL / CTTL / SSGC  

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