5,377 - 5,597
February 8, 2009
Another positive week for the Karachi Stock market, opening at 5,377 and closing up at 5,597. There seems to be a bit more confidence in the market this week and foreign selling is being absorbed reducing in its intensity. In lieu of positive results to be announced in the current result season, the market should continue its upward hike next week. With dips & corrections along the way it could well break 6000 by the end of the following week. MCB, & NRL are due to announce their results next week.
