10,880 - holding on
October 12, 2006
Having dipped down to 10,832 the market went back up and closed at 10,880 , a level it seems to be holding on at. Whether a bigger correction is due remains to be seen , all fingers point to an increase in the price of OGDC to take the market above 11k.
News : Privatisation Minister Zahid Hamid on Wednesday set the deadline of December 31 for Pakistan State Oil (PSO) sell-off and Oil and Gas Development Company (OGDC) global depository receipt (GDR) offering through the London Stock Exchange… Business Recorder
Dividends : Metropolitan Bank : EPS : Rs. 6.33 PROFIT BEFORE TAXATION RS. IN MILLION 1,917.710 PROFIT/LOSS AFTER TAXATION RS. IN MILLION 1,315.760
Market Low : 10,832.45 High : 10,906.49
Market Close : 10,880.89 — 5.53 points down
