KARACHI STOCK MARKET NEWS :: 13,665 - pullback :: July

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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 850 posts and counting ...

13,665 - pullback

July 23, 2007

Having seen the Karachi Stock market break 13k on Friday and recover to 13,351, today saw a further recovery with a close at 13,665. Perhaps the re-instating of the ‘’possibly bent ‘’ judge helped boost the index, along with being highly oversold. Keep the Vaseline jar handy as external factors could lead to a rocky road ahead. The next resistance is 13,800.

Dividends : Pakistan Premier Fund Ltd (PPFL) : 15% Bonus + 25% Cash . EPS : Rs.4.76

News : None worth mentioning

Upper Caps : Arif Habib Sec. / Arif habib Ltd / BOP / Bosicor / Callmate Telips / FCCL / Lucky cement / PPFL

Market Low : 13,351.79 High : 13,665.84

Market Close : 13,665.84 — 314.05 points up

Posted in Dividends, Daily Market News |

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