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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 ...

7,067

May 19, 2009

The KSE-100 index got banged down to 7,048 and closed down at 7,067. The market has finally closed below its support level of 7,080 which it has been holding onto for some time and the close was the lowest since May 4th. The volume of shares traded today shrank down to 63.5 million. If 7k breaks then further downside heads to 6,800.

Market Low : 7,048.45  High : 7,209.35

Market Close : 7,067.85 — 105 points down

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