7,051
June 18, 2009News : Pakistan wracked by a war with Taliban insurgents and a record current-account deficit, is this year’s best bond investment, according to JP Morgan Chase & Co. indexes. Money managers say the stock market, the region’s cheapest, may be next…“We’re not seeing a major turnaround in the economy but as interest rates come off, that’s when you will see genuine interest coming back to stocks,” Nasim Beg who helps manage the equivalent of $160 million at Arif Habib Investments Ltd. in Karachi, said in an interview today. “So we expect good upside for stocks.”… Bloomberg
Market low : 7,026.73 High : 7,142.96
Market Close : 7,051.77 – 24.16 points down
