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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 ...

7,060

May 4, 2009

The KSE-100 index rose to a high of 7,310 and then got another diarrhetic squeeze down to 7,050, closing at 7,060. The market looks to be headed for 6,800, unable to hold at its support level of 7,200.

News : Bcyo Industries Inc. a Mauritian company has expressed interest in buying Bosicor Refinery. According to a notice issued by Karachi Stock Exchange (KSE), the Mauritian company has shown interest to buy 55 per cent shares of Bosicor Refinery from its management and 34 per cent through public offers… Source : The News

Market Low : 7,050.18  High : 7,310.81

Market Close : 7,062.25 — 139.85 points down

Posted in Daily Market News, Oil, OMC's & Refineries |

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