11,643
February 13, 2007
The Karachi Stock market made a high of 11,674, dipping down to 11,502 and closed up at 11,643. NBP made an incredible recovery to close up Rs.13.6 at 295.5. BOP made its highest close in nearly a year at 127. PSO, PRL and Shell got a good bashing down. While it looks like the correction is over, there might be another dip downwards. The next upward resistance is 11,720 followed by 11,830.
SCRA inflow of another $28m takes February’s total to 137.7 million and the fiscal year’s total to $519 million.
Dividends : Pakistan Refinery : EPS = Rs. (27.11) LOSS AFTER TAXATION RS. IN MILLION (813.260)
National Refinery : EPS = Rs.16.82
Rafhan Maize : 350% Cash. EPS = Rs.87.62
Board Meetings for February 2007 - updated
No result for HUBCO has been posted as yet.
Pakistan Refinery Ltd., the nation’s third-largest oil processor, posted a loss in the first-half of the year, because crude prices fell. The refiner reported a net loss of 813 million rupees ($13.4 million), or 27.11 rupees a share, in the six months ended Dec.31, from a profit of 673 million rupees, or 22.42 rupees, a year earlier, the Karachi-based refiner said today in a statement to the stock exchange. Source : Bloomberg
News :The Federal Minister for Industry & Production Jehangir Tareen said that the Government would not allow cement black-marketing and price hike.Talking to Geo News, he said that the cement price of Rs.260 per bag was too much and steps would be taken to reduce it…. meeting on Feb.20th… Geo News
Upper Cap : Pioneer Cement
Market Low : 11,502.81 High: 11,674.46
Market Close : 11,643.74 — 14.01 points up.
