10,243
August 23, 2006
The Karachi Stock Market tested the 10,100 levels again and closed up at 10,243. OGDC went down to 126.6 and then recovered closing at 129.75, still below its 200 DMA which is not a positive sign. The ‘’Tech Guy" hails gloom and doom saying the market will head down to 9400.
BOP and MCB to announce their results 2moro.
Adamjee Insurance : (AICL) INT.DIV. FOR THE HALF YEAR ENDED 3O/O6/2OO6. 10% CASH + 12.5% BONUS. EPS Rs.11.71
GLAXO SMITH KLINE PAKISTAN LTD: (GLAXO) DIVIDEND FOR THE HALF YEAR ENDED 3O/O6/2OO6. 25% BONUS. EPS Rs.8.06
UPPER CAP : PRL
Market Low : 10,111.27 / High : 10,254.70
Market Close : 10,243.91 — 23.2 points up









