15,654
April 21, 2008
The Karachi Stock market was sluggish today with very low volumes of 131 million shares traded. There was also a technical fault which led to the market being suspended for 50 minutes. (see the flat line in graph ). The market made a new intra-day high of 15,739 and closed down at 15,654. It seemed as though the market was sitting on the fence, or could it be the begining of a correction ? Oil crossed $117.75 today.
Dividends : Lucky Cement : EPS : 7.65
News : The Securities and Exchange Commission of Pakistan (SECP) has agreed with a budget proposal of Karachi Stock Exchange (KSE) to abolish 10 percent income tax on dividends received by companies on their investments in other companies… Aaj News
Upper Cap : JS Bank Ltd
Market Low : 15,639.83 High : 15,739.25
Market Close : 15,654.79 – 21.55 points down
