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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 ...

7,129

May 10, 2009

Friday saw the KSE-100 index rise to a high of 7,196 and close marginally up at 7,129. The market seems to be holding at 7,080 , the low for the last three sessions. Volumes dropped down to a recent low of 69.1 million shares traded.

News :  Pakistan Electric Power Company (Pepco) will release Rs 12 billion in a couple of days to independent power producers (IPPs) to clear the circular debt. Pepco Managing Director Tahir Basharat Cheema, addressing a press conference here on Saturday, that out of Rs 180 billion circular debt, Rs 80 billion had been retired in March and the remaining would be cleared by the end June…. Aaj News

Market Low : 7,087.59  High : 7,196.73 

Market Close : 7,129.51 — 3.85 points up

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