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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 860 posts and counting ...

9,963

August 12, 2008

9,963The KSE-100 index  opened up and made a high of 10,250, it then dipped down to a low of 9,848 and recovered to close down at 9,963. Profit taking, a bomb blast and an even weaker rupee saw the market close lower. Greazy Z has backtracked on his remark in the recent Sunday Times article re : Mush siphoning off US aid, claiming he was quoted out of context ! A close below 9,900 will lead to 9,700-500. 2moro’s close is anyone’s guess !

Dividends : Pakistan State Oil : 125% Cash. EPS : 81.94  Shell Pakistan : 25% Bonus + 400% Cash EPS : 93.76

Market Low : 9,848.76 High : 10,250.50 

Market Close : 9,963.58 – 208.28 points down

 

Posted in Dividends, Daily Market News |

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