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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 ...

14,556

December 12, 2007

14,556The Karachi Stock market made an intra-day high of 14,680 and closed down at 14,556. Arif Habib Securities was the flavour of the day with 30 million shares traded. The market could do with a good correction here to enable it to rise further and restest its previous high. Downside support is at 14,500-14,300.

News : President Pervez Musharraf has rejected any change in petroleum products’ pricing policy, leaving no other option for the caretaker government to absorb billions of rupees more as subsidy every month for protecting the consumers from international market price-hike… Source : Aaj News

Upper Caps : Bhosricor Refinery / Azgard Nine / Pakistan Cement

Market Low : 14,552.71 Market High : 14,682.87 

Market Close : 14,556.13 — 76.51 points down 

Posted in Daily Market News |

1 Comment »

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  1. Bhosricor refinery! LOL!!!!

    Comment by alias — December 13, 2007 @ 7:57 pm

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