10,762
November 28, 2006
A stagnant day at the Karachi Stock Exchange with not much activity or movement in the KSE-100 index. The market made a high at 10,811, a low at 10,690 and closed at 10,762. The market is currently range bound from 10,700-900 with 10,800 and 10,860 as the next upward resistance.
News :The Securities Exchange Commission of Pakistan on Tuesday has changed the schedule of new Risk Management System, which is going to be implemented from 04 December, 2006, Aaj TV report said.The report said that the SECP and KSE management in its board meeting reviewed the exposure and decided to increase margin from 04 December 2006 to 50 percent, April 2007 to 75 percent and October 2007 to 100 percent…. Business Recorder
The Securities and Exchange Commission of Pakistan (SECP) has turned down the request of the Karachi Stock Exchange (KSE) requesting for the extension of the deadline set for the abolishment of netting.… Geo News
Sui Northern Gas Pipelines Limited (SNGPL) has signed Gas Sale Agreements (GSAs) for supply of gas to two power companies…. The News
Upper Cap : Callmate Telips (8th consecutive day !!)
Market Low : 10,690.58 High: 10,811.95
Market Close : 10,762.86 — 12.45 points up.
