15,404
April 9, 2008
The Karachi Stock market opened up and made a new intra-day high of 15,598. Towards the end of the session it headed downwards and closed down at 15,404. POL was the flavour of the day with 26.4 million shares traded. After many days of smooth sailing , violence has erupted in Karachi again with the fucking lawyers having armed battles in the streets with 8 dead and 40 vehicles torched. This could lead to a further correction in the market 2moro. Keep an eye on that Vaseline jar.
Dividends : JSCL : 16.35 % Rights at a premium of Rs.465/-
News : The Securities and Exchange Commission of Pakistan (SECP) has opposed a proposal of Karachi Stock Exchange (KSE) to reduce capital value tax (CVT) and withholding tax levied on stock market transactions… Aaj News
Lower Caps : Arif Habib Securities / FFBL / Pace
Market Low : 15,365.13 High : 15,598.61
Market Close : 15,404.17 – 69.90 points down
