6,138
March 17, 2009
The KSE-100 index continued on its upward march making a high of 6,194, based on the recent decision to reinstate Chaudhry as the CJ. While the market is going up, businessmen have been screaming blue murder that the 5 days of the ‘’ long march " cost them Rs.50 billion in losses with containers being used as blockades and shipments being delayed due to the chaos. So now we have a Rs.50 billion new Chief Justice of Pakistan ! Hope its worth it…
News : Pakistan Petroleum Limited (PPL) has adopted an aggressive exploration strategy to replenish and enhance its depleting hydrocarbon reserves. “We have a plan to drill at least 100 exploratory wells during the next 10 years to expand our oil and gas reserves and increase our share in the country’s total oil and gas supply,” said Managing Director PPL Khalid Rehman…Presently, PPL has 12 production fields in the country, four of these are PPL operated while eight are under joint ventures with leading international players including ENI, OMV, AMACO, MOL and Hungary…. The News
Market Low : 6,063.54 High : 6,194.27
Market Close : 6,138.53 – 74.99 points up
