11,977
April 13, 2007
The KSE-100 index made a high of 11,987 and closed up at 11,977. The market didn’t have the juice to cross 12k though it should go higher next week. OGDC will be trading ex-spot from Monday. The Bnak of Punjab was the volume leader again with 28.9 million shares traded. Standard Chartered Bank (SCBPL) opened its first day of trading with a healthy volume of 12.4 million shares traded. Making a high at 65.5, it closed at Rs.57.65 , up 47.65 rupees.
The Karachi Stock market has gone up by 567 points without a break, and a correction could be seen before it goes onwards to 12,300.
News : Cement price raised by Rs.10 per 50 kg bag - Aaj News Local cement manufacturers on Thursday have raised the prices of cement by Rs 10 per 50-kg bag in the wake of its rising export orders, dealers said. After this recent upsurge, average quality cement is being sold at Rs 240-245 per bag as previously sold at Rs 230-235 per 50-kg bag.
Upper Cap : Pakistan Refinery + Soneri Bank
Market Low : 11,905.92 High : 11,987.5
Market Close : 11,977.74 – 71.82 points up
