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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 ...

At the 200 dma

June 30, 2006

Closing on the 200 dmaThe market closed around the 200 dma. While a lower bottom of 9k was hit this time, indicating an upward trend , the market could go back down to 9,400 fill the gaps it rose with. A break of 10,300 is what we want to see for upward direction.

Market close : 9,981.49  — 147.98 points up 

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