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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 620 posts and counting ...

11,961

July 6, 2008

As expected the market closed down again on Friday and traded another incredibly low volume of 4.1 million shares. The next week could see another replay of this one with daily lower caps and negative closings unless by some miracle there is some good news. The SECP are meant to review the new measures on the 15th and will decide whether to increase the lower caps or not, before or after the 24th. The end of next week could see 11,500 if the current downside continues.

Market Low : 11,952.52 High : 12,035.21

Market Close : 11,961.66 – 73.55 points down

Posted in Daily Market News |

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