14,202
July 16, 2007Posting will be sporadic and brief this week due to unavoidable circumstances
The ‘’Friday Show'’ led the the KSE-100 index to an intra-day all time high of 14,290 and closed up on a new high of 14,202. After some time OGDC was the flavour of the day with 54 million shares traded and closed up at 124.35. BOP has been slowly buggered down to 105.5 in the last few days and if the current rumour of a Rs.1 billion fine by the SBP is true, then get the Vaseline out ! Upward resistance is 14,300 leading to 14,500 and downside support is at 14,100 -13,900
Upper Caps : FFBL / ENGRO
Lower Caps : AHSL / AHL / JOVC
Market Low : 14,087.12 High : 14,290.43
Market Close : 14,202.23 – 70.95 points up
