Down to 10,594
November 29, 2006
Another bashing at the Karachi Stock market with the KSE-100 index making a high at 10,788, a low at 10,566 and closing at 10,594. Perhaps it’s due to the change in the schedule of the new risk management system. Once the issue is settled there could be a pullback. Downside below 10,500 is 10,300.
News : The Securities and Commission of Pakistan (SECP) has changed the schedule of new risk management system, which was scheduled to be implemented from December 4, 2006…. Business Recorder
The Karachi Stock Exchange (KSE) has announced to arrange a special session for conversion of "In-house Badla to Continuous Funding System (CFS)" through an automated interface on Wednesday (November 29) from 4:00pm to 05:00pm…. Business Recorder
The Senate Standing Committee on Finance, Revenue & Statistics has termed the forensic report of the stock market crash of March-2005 as useless and inefective….. Geo News
Upper Cap : Callmate Telips (9th consecutive day ) up 45% since November 17th !!
Market Low : 10,566.25 High : 10,788.94
Market Close : 10,594.83 — 167.33 points down.
