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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 ...

7,973

August 20, 2009

7,973

Dividends : National Refinery Limited has declared a final cash dividend of Rs 12.50 per share as it posted a profit after tax of Rs 1,533 billion during the year ending June 30, 2009… the refinery earned a gross profit of Rs 2.813 billion during the period under review with earnings per share at Rs 19.17… Source : Daily Times

Attock Cement has posted a record profit after tax of Rs 1.492 billion for the year ending June 30, 2009 and declared a 20 percent bonus and 32.5 percent final cash dividend… the company has earned a pre-tax profit of Rs 1.988 billion during the year with earnings per share surging to Rs 20.69… Source : Daily Times

News : Margin Financing, an alternate leverage product of CFS Mk-II or traditional badla to cater to the financing needs of the brokerage houses and their clients, is most likely to be launched at the Karachi Stock Exchange next week, it is learnt. The Trading Affairs Committee of KSE, in its meeting to be held here on Friday (today) would review the final concept paper on Margin Financing and sources said that the committee is most likely to approve the concept paper with some amendments…. Aaj News

Market Low : 7,926.63  High : 8,013.96

Market Close : 7,973.45 — 20.75 points up

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