Aug
21
KSE Live Update: On-Going Market Advice For 21-08-2008
Posted by abasits | Posted in Daily KSE, KSE Advice, KSE Live Update, KSE News, KSE Predictions, KSE Trend, Karachi Stock Exchange | Posted on 21-08-2008
AOA,
Here we start with today’s live updates of KSE, first of all pre-open:
Pre-Open Live Update, (keep refreshing the page by key F5)
- News Flash: The Zardari can be the new President.
- Not much progress, scripts are again opening with lower caps.
- NML looks better today, think about it.
21-08-2008 First Trading Hour Live Update, (Page Refresh = F5)
- Market is -183, and the trend is also negative.
- Market has reached to -176 now,
- 88 negative, trend is getting better now. Can do purchasing, ATRL, And Engro are the good scripts in my opinion for today.
- Live KSE 100-Index Graph = http://www.kse.com.pk/kse4/phps/kse100idx.png?variable=6214.199670521534
- Recovery can be seen today, only 63 negative remaining now.
- Cenment Prices has been droped due to month of ramzan, so it can be the better sector. Current Prices are 360 per bag which means a difference of Rs. 40 per bag.
- 100-Index Market is -88.99 poins at this vary moment.
21-08-2008 - Second Trading Hour Live Update, (Page Refresh = F5)
- Good start of 2nd trading hour, only 57 negative remaining.
- Live KSE 100-Index Graph = http://www.kse.com.pk/kse4/phps/kse100idx.png?variable=6305.535691157199
- As I said yesterday, Pioneer Cement looks healthy and the share can cross Rs.40 limit in couple of months.
- Only 38.89 negative remaining, getting better.
- Market is positive now, getting strenthened.
- At then end of this hour, market is at 60.70 negative.
21-08-2008 - Third Trading Hour Live Update, (Page Refresh = F5)
- We have seen positive market for about 10 minutes in last trading hour, but again it went down.
- Live KSE 100-Index Graph = http://www.kse.com.pk/kse4/phps/kse100idx.png?variable=3946.7839684795585
- There is not much support in oil sector, be careful.
- Market is again 130 negative.
- Live KSE 100-Index Graph = http://www.kse.com.pk/kse4/phps/kse100idx.png?variable=4674.458025036405
- Inshallah, market will close with better 100-index points today.
- Some heavy buying is going on in Luck-Aug and OGDC, keep track of.
- Market is rolling back to its initial point, -259.69 points at the moment.
- Today DGKC, NML And ENGRO are showing some sort of resistance in market.
- End of this hour is devastating, -295.98 at the moment.
21-08-2008 - Fourth Trading Hour Live Update, (Page Refresh = F5)
- Market is at -282 with few lower locks.
- PML (N) President Mr. Nawaz Shareef has given the ultimatum for the restoration of the country’s judges. Tomorrow, PML would finally decide their line of action which is totally based on Zardari’s party plan.
- Live KSE 100-Index Graph = http://www.kse.com.pk/kse4/phps/kse100idx.png?variable=9937.145056501805
- Market has reached to 250 negative from 295 negative.
- Government Support Fund really works in funny ways, should need to activate now to improve the situation but still dumb. Can’t understand why ?
- Market need a bit of support and then the invester will take their part. But, it seems that their isn’t any support provided to KSE.
- KSE is dangling around at 280 once again.
21-08-2008 - Last Half An Hour Trading Live Updates, (Page Refresh = F5)
- Only half an hour remaining, but could not see any market luck at this moment.
- Market is getting worse -303.30.
- Live KSE 100-Index Graph = http://www.kse.com.pk/kse4/phps/kse100idx.png?variable=5867.432383284541
- 295 remaining now, keep an eye.
- 10 mins to go, and KSE Market is 309.04.
- The ultimatum news had negative impact on market which result 289.33 points at the end of today’s trading.
Will update it soon, and please give your valuable comments to improve this blog in more better way,Thanks.
Allah Hafiz,
-abs
