12,830 - yet another record close for the KSE-100 index
May 28, 2007There might be no posts 2moro and day after as Suttabhai is travelling and will be at the mercy of cyber cafes.
The Karachi Stock market made another record close of 12,830 with an intra-day high of 12,862. The KSE-100 index is now up by 550.22 points since the 22nd of May and 27.8% up since January 1st 2007. Some correction will be due soon, perhaps around 13k levels or sooner. Banks and cements were the flavour of the day.
Upper Caps : Soneri Bank / DG Khan Cement / Lucky Cement / Pioneer Cement / Maple Leaf Cement /Callmate Telips
Market Low : 12,732.41 High : 12,862.34
Market Close : 12,830.73 – 98.32 points up
