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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 630 posts and counting ...

13,846

January 16, 2008

13,846The Karachi Stock market got bashed along with most other markets today, closing down at 13,846. The market has closed below its 30 & 50 DMA’s and downside support is from 13,800-600. Keep the Vaseline handy.

News :  The UK-based Innovative Investment Bank would initially invest $15 million which would increase further substantially in future. Its main areas of services would be financial services, wholesale distribution, retail activities, management and development of commercial as well as residential property… Daily Times

Lower Cap : JSCL

Market Low :13,820.62 High : 14,055.27

Market Close : 13,846.41 –208.85 points down 

 

 

Posted in Daily Market News, Banks |

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