9,993
August 24, 2008
Friday saw the KSE-100 index fall lower down to 9,907 and then recover to close at 9,993. The week was a rollercoaster ride which saw the index make an intra high of 11,061 and then close down below 10k again. The market will continue to be unstable as political uncertainty will continue, the coalition might/will split and the judges won’t be restored in the near future. Don’t expect much at the moment.
Dividends : MCB : 30% Cash : EPS : 12.22
Packages Ltd : EPS : -2.90
Market Low : 9,907.26 High : 10,236.66
Market Close : 9,993.81 — 242.81 points down
