About the Karachi Stock Market Blog
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 850 posts and counting ...
D.G. Khan Cement : 20% rights at a premium of Rs.10/-
Fauji Fertilizer Bin Qasim : 22.5% Cash. EPS : 3.10
Engro Chemical : 20% Cash + 40% rights at a premium of Rs.40/- EPS : 20.50
Pakistan Petroleum Ltd : EPS : 16.60
Fauji Fertilizer Co. Ltd : 25% Bonus + 32.5% Cash . EPS: 13.22
Engro Chemical : Jan.21st
Pakistan Petroleum Ltd. : Jan.26th
Fauji Fertilizer Co. Ltd : Jan. 29th
This week finally saw some upward movement after days and days of the market being bashed to hell. Friday saw some profit-taking and a healthy positive close. While it will take some time to renew total investor confidence ( for those who have any money left ! ) , this is a step in the right direction. There is plenty of space for more upward movement as prices are still very cheap.
The week saw the market sliding even further downwards and lost another 700 odd points since last Friday. The news that the mythical 20 billion rupee fund will start from Monday saw the market rise for the first time since the floor opened. Hopefully there will be some recovery for the coming week. Market timings have been extended to 3.30 p.m. from Monday 5th.
