7,086
June 9, 2009The KSE-100 index shot up above 7k on the Consultative Group on capital markets report on margin financing. After many days of getting reamed, the index closed up 2.8% at 7,086. Oil closed above $70 for the first time this year.
News : The Consultative Group (CG) on capital markets has recommended that the introduction of ‘Margin Financing’ (MF) would cater to the financing needs of the brokerage houses and their clients. These recommendations were given by the CG in its first report on ‘Margin Financing’ submitted to the Securities and Exchange Commission of Pakistan (SECP)… Aaj News
Market Low : 6,892 High : 7,103.32
Market Close : 7,086.78 — 194.78 points up
