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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 ...

14,466

October 11, 2007

14,466The KSE-100 index made a high of 14,506 and then dipped down to 14,384 before closing at 14,466. The market has managed to hold despite still being overbought. Its hard to say what will happen next week, but some correction will occur sooner than later. The next upward resistance is 14,536 and downside support is at 14,360.

Dividends : Fauji Cement : 87% Rights at a premium of Rs.6

Board Meetings for October 2007 - updated 

News : None worth mentioning.

Upper Caps : United Bank / Pace Pakistan.

Market Low : 14,384.53  High : 14,506.45 

Market Close : 14,466.12 – 19.93 points down  

Posted in Dividends, Daily Market News |

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