10,813
November 15, 2006
The index crossed 10,900 making a high of 10,966 and then dived down to a low of 10,799, closing at 10,813. It seems that the steam of yesterday’s late buying has cooled off especially in NBP. OGDC, while holding its support at 135.5, can’t seem to break 138.4 and closed below its 30 and 200 DMA at 136.15. 10,680 is the current support on the downside and if that breaks, its 10,500 downwards.
News : To promote Islamic banking in the country, the National Bank of Pakistan (NBP) has approached the Central Board of Revenue (CBR) … Business Recorder
The issue of gas supply to the new fertilizer plant from the Qadirpur Gas Field has again been put off until December 11…. Geo News
Allied Bank Limited and United Bank Limited has arranged a Term Finance Facility (TFF) for the fifth largest refinery in Pakistan, Bosicor Pakistan Limited…. Daily Times
Upper Cap : Bosicor
Market Low : 10,799.05 High : 10,966.79
Market Close : 10,813.93 — 55.39 points down.
