About the Karachi Stock Market Blog
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 ...

7,549

July 7, 2009

News : The earnings per share of National Bank of Pakistan will receive a significant boost from the dividend announced by National Investment Trust, analysts say. NIT has announced better than expected FY09 dividend of Rs 3.25/unit. National Bank of Pakistan (NBP) has 453 million NIT units. "The bank stands to record dividend income of Rs 1.47 billion (EPS impact: Rs 1.23) in CY09F," said Raza Jafri, an analyst at AKD Securities in a report. He said CY09F EPS estimates for NBP had risen to Rs 14.96 following the announcement of NIT’s payout… Daily Times

Market Low : 7,532.93 High : 7,661.90

Market Close : 7,549.37 — 10.88 points up

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