15,210
April 1, 2008
The KSE-100 index was back on track today and closed up at 15,210. Volumes were marginally higher with 158.4 million shares traded. Azgard Nine was the flavour of the day closing up at its upper limit. FFC made its highest close for the year at 145.60. Upside resistance is at 15,300.
News : The Federal government has rejected OGRA’s suggestion to raise petroleum products prices and has agreed that the prices of the petroleum products will remain stagnant for the next 15 days… Source : Aaj News
The National Bank of Pakistan (NBP) will open its first branch in Saudi Arabia in May…NBP President Syed Ali Raza said that the bank was expanding its operations abroad and it would also open two branches in Dhaka and Sylhet in Bangladesh soon…he said that the issue introducing NBP’s global depository receipts (GDRs) would be decided by the new government and it was expected that the decision would be announced very soon… Aaj News
Upper Caps : Azgard Nine / NIB Bank / Sitara Peroxide
Market Low : 15,052.91 High : 15,230.93
Market Close : 15,210.17 – 84.88 points up.
