9,902
August 13, 2008
The Karachi Stock market dipped down to its support level of 9,700 and then recovered to close at 9,902. The rupee has fallen even more today and that is not helping the market, nor the economy. In fact nothing is helping the market or economy thanks to our fucked up government who has no clue about anything at all, other than seeking personal vendettas. Its clearly obvious that they give don’t give a fuck about the appalling economic situation and seem to think that by removing Musharraf and installing some judges , everything will be ok. The man on the street who eagerly rushed to vote for the current party in power, for " democracy ", is getting badly fucked by inflation and soaring food prices. With a billionaire thief, a total fucking idiot from the Punjab (also a billionaire thief) & PM Manuel whose English is as hopeless as his political ability, steering us through the current quagmire of shit, what hope do we have for the future ? (Probably another few months of indecison as to who will be the next President !) It seems we never learn.
Upper Caps : Shel / JSCL
Lower Caps : DGKC / LUCK / POL / JOVC
Market Low : 9,701.72 High : 9,963.58
Market Close : 9,902.35 – 61.23 points down
