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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 ...

7,498

July 2, 2009

The KSE-100 index shot up to make an intra-day high of 7,505 today. The market broke 7,500 for the first time since the 3rd week of April and the total volume of shares traded rose to 175.4 million. While there could be some weekend selling 2moro, there are enough catalysts to keep the market buoyant in the next few weeks, the monetary policy announcement, the begiining of the result season and the new leverage product coming soon, to name a few.

Market Low ; 7,270.72  High : 7,505.28

Market Close : 7,498.34 – 227.62 points up.

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