Stocks & Bonds

Bearish trend on KSE.

KARACHI (April 30, 2009): Karachi share market witnessed bearish trend due to investors concerns over the prevailing law and order situation in the northern parts of the country and the benchmark KSE-100 index declined by 158.78 points to close at 7,271.30 points level on Wednesday. The market opened on a positive note and the index hit 7,549.36 points intra-day high level, up by 119.28 points.

Panic selling seen on LSE.

LAHORE (April 30, 2009): Depressed sentiment continued at Lahore Stock Exchange on Wednesday and equities registered losses amid panic selling on account of ongoing operation against Taliban in some districts of NWFP. The LSE-25 index slipped by 50.02 points to 2101.48 against 2151.50 of Tuesday. Transaction volume squeezed to 18.762 million shares as compared to 22.481 million shares.

ISE index loses 27.87 points.

ISLAMABAD (April 30, 2009): Equities failed to show plus signs at Islamabad Stock Exchange (ISE) on Wednesday where fresh bearish assault moved the entire ready board in downward direction amid decrease in index. ISE-10 Index was down by 27.87 points from 1,674.79 to 1,646.92 points. Turnover amounted to 1,891,835 shares as compared to previous volume of 2,343,850 shares.

BRIndex30 sheds 166.35 points.

KARACHI (April 30, 2009): On Wednesday, the BRIndex30 opened at 7,007.23 with an upward gap of 41.17 points, and closed at 6,799.71 points, with a net negative change of 166.35 points and percentage change of 2.39. It experienced intra-day high of 7,127.25 and low of 6,779.82 points. The volume amounted to 146,530,400 shares, which was 80.58 percent of the total market and 96.10 percent of KSE-100 index.
Shares buy-back schedule
KARACHI (April 30, 2009): Shares buy-back schedule of listed companies on Wednesday (April 29, 2009).

IGI Investment Bank listed on ISE.

KARACHI (April 30, 2009): IGI Investment Bank, part of the IGI Financial Services, after meeting all the necessary financial and regulatory requirements, is now effectively listed on the Islamabad Stock Exchange (ISE).

Statutory returns: non filers to face legal action: SECP.

ISLAMABAD (April 30, 2009): The Securities and Exchange Commission of Pakistan (SECP) has decided to take legal action against directors and chief executives of approximately 23,850 companies, who failed to file statutory returns under the Companies Ordinance, 1984.

Revised Rates of Debt Securities.

KARACHI (April 30, 2009): The following were the revised rates of debt securities on Wednesday (April 29, 2009).

Odd Lot Market Rates.

KARACHI (April 30, 2009): Odd Lot Market Rates on Wednesday (April 29, 2009).
Mutual Funds Association of Pakistan
KARACHI (April 30, 2009): Mutual Funds Association has issued open-end funds daily prices for Tuesday (29 April 2009)