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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 ...

5,557

March 11, 2009

5,557 

The market lost 1.8% today, sliding further downwards towards 5,557. It will probably remain shaky till all the political bullshit subsides.

News :  The insurance business has declined by 30 percent in the country due to slowing down of economic activities in the recent global recession. The international re-insurers have cut the rates of commission of local insurance companies, while on the other hand the 5 percent increase in the CED to 10 percent had put an extra burden on the insurance business...Aaj News

Market Low : 5,552.90  High : 5,718.85

Market Close : 5,557.92 : 104.10 points down

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