Wednesday, June 24, 2009

Stocks & Bonds

Stock market rangebound.

KARACHI (June 25, 2009): Karachi Stock Exchange witnessed a rangebound session with the benchmark KSE-100 index oscillating between 7,023.48 points intra-day high and 6,988.71 points intra-day low on Wednesday due to uncertainty over the imposition of new tax and absence of any leverage product, analysts said. Finally, the index managed to close in positive zone at 7,025.89 level, with a meagre gain of 2.41 points.

LSE index marginally up by 3.80 points.

LAHORE (June 25, 2009): Depressed sentiment dominated on the Lahore Stock Exchange on Wednesday and the equities registered declines amid low trading activity on account of lack of buying interest while most investors stayed on the sidelines. The LSE-24 index was up marginally by 3.80 points, closing at 2082.94 against 2079.14 of Tuesday. The volume reduced to 6.582 million as compared to 8.219 million shares.


Bulls command proceedings on ISE.

ISLAMABAD (June 25, 2009): Bulls commanded the proceedings at the Islamabad Stock Exchange (ISE) where bears remained in the front seat amid increase in the index. ISE Ten Index was down by 7.87 points, as it moved from 1,662.26 to 1,670.13 points. The volume of trade amounted to 731,564 shares, as compared to previous turnover of 756,205 shares.


BRIndex30 down 19.47 points.

KARACHI (June 25, 2009): On Wednesday, the BRIndex30 opened at 6,473.03, and closed at 6,444.37 with a net negative change of -19.47 points and percentage change of -0.30. It experienced intra-day high of 6,512.55 and low of 6,423.99. The volume amounted to 44,317,300 shares, which was 42.95 percent of total market and 86.20 percent of KSE-100 index.

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