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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 ...

9,455

October 4, 2009

9,455

News : Under its expansion plan, after a successful acquisition deal with Mybank, Arif Habib Bank has now decided to purchase majority shares of Atlas Bank, sources in banking industry told Business Recorder on Friday. "Negotiations between the management of Arif Habib Bank and Atlas Bank Limited have been initiated for merger and deal is expected to finalise in the next three weeks," sources said.They said that Arif Habib Bank is keenly interested to enhance its nation-wide operation by acquiring some small banks, beside launching of new branches in major cities and rural areas…. Aaj News

Market Low : 9,232.64  High : 9,472.02

Market Close : 9,455.15 — 153.97 points up

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