7,491
July 30, 2009
Unable to sustain its intra-day high of 7,597, the Karachi Stock market slid down to 7,465 and closed down at 7,491. Volumes were low at 72.4 million shares traded. The market has lost 372 points since last Friday morning, and is 4.96 % down. Undoubtedly the Vaseline jars are making their re-appearance !
Dividends : Arif Habib Ltd : 25% Bonus + 15% Cash - EPS : 5.10
News : The chief executives of two of five suspended brokerage houses of the Karachi Stock Exchange (KSE) have left the country though the Securities & Exchange Commission of Pakistan (SECP) has asked the Ministry of Interior to put their names on Exit Control List (ECL)…“The five brokers owed over one billion rupees to their clients,” …The five suspended brokers are: (1) Eastern Capital; (2) Prudential Securities; (3) Cliktrade Limited; (4) MKA Securities; and (5) Capital One Securities…. The News
Market Low : 7,465.99 High : 7,597.06
Market Close : 7,491.76 — 45.22 points down
