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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 ...
There were less violent intra-day swings in the market with a low at 9,724 and the high at 9,954. Banks are performing ,perhaps in lieu of the NIT board meeting on the 8th which will effect NBP,BOP, and FABL. While OGDC seems to be struggling for the 2nd day, the market looks like more upside is due and perhaps a breakout above the 200 dma.
Upper Caps : NBP, MCB and Faysal Bank
Market close : 9,936.49 — 107.09 points up.
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