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Daily updates on the Karachi Stock Market, with news, company dividends and KSE-100 index movements.The rollercoaster of a day trader's dream /nightmare riding the KSE-100 index. More than 860 posts and counting ...

12,346

May 10, 2007

12,346The KSE-100 index appears to be slightly struggling and could well close below 12,300 2moro. The absymal performance of  OGDC, POL and PPL is not helping either. Another bashing down to 12,050 could  be on the cards soon.

News : The Oil Marketing Companies (OMCs) witnessed sharp decline in the profits, as total earnings fell by 56 percent during the first nine months of the current fiscal year.According to a report the profitability of three listed companies (PSO, Shell and APL) stood at Rs 3.15 billion as compared with the over Rs 7.22 billion recorded during the same period of last year… Aaj News

Market Low : 12,308.70 High : 12,426.15

Market Close : 12,346.90 — 46.38 points down 

 

 

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