15,437
April 14, 2008
A choppy ride on the Karachi Stock market today, with the KSE-100 index moving in a narrow band, from a low of 15,372 to an intra-day high of 15,483 and closing marginally up at 15,437. BOP was the " flavour " of the day with 20.5 million shares traded, another stock that has been seriously bashed out of shape, of late. The market seemed to be going nowhere today and looks shaky again. Another bashing could well be on the cards. 15,500 still remains as upward resistance.
News : The standing committee of the Senate on Petroleum and Natural Resources (MP&NR) has opposed Pakistan State Oil (PSO) sell-off and directed the government to revisit its decision of divesting this strategic asset… Aaj News
Upper Cap : Azgard Nine
Market Low : 15,372.39 High : 15,483.98
Market Close : 15,437.84 – 6.95 points up.
