Aug
27
KSE Live Update: On-Going Market Advice For 27-08-2008
Posted by abasits | Posted in Daily KSE, KSE Advice, KSE Live Update, KSE News, KSE Predictions, KSE Trend, Karachi Stock Exchange | Posted on 27-08-2008
AOA,
Daily live updates of 27/08/2008 are going to start, so keep refreshing the page for latest ones.
Pre-Open Live Update, (keep refreshing the page by key F5)
- Market seem as at all lower caps in pre open.
27-08-2008 First Trading Hour Live Update, (Page Refresh = F5)
- Market open with 161 points negative, no support fund can be seen anywhere.
- -335 and gradually increasing towards negative at the moment.
- 356.60 negative, now you guys tell me who will work in this environment ?
- KSE 100-index is -361.57 , just sit arround and see.
- 393.03 negative, dead quite.
27-08-2008 Second Trading Hour Live Update, (Page Refresh = F5)
- At the start of this hour market is -407.02.
- Further droped to -419.
- 430.30 negative at the end of this trading hour.
27-08-2008 - Third Trading Hour Live Update, (Page Refresh = F5)
- 100-index could go till 8700, financial analysts said.
- Karachi Stock Exchage 100 index is at negative 422.88.
27-08-2008 - Fourth Trading Hour Live Update, (Page Refresh = F5)
- Negative 390.40, market has improved a bit.
- At the end of this hour, market is -397.
27-08-2008 - Last Half An Hour Trading Live Updates, (Page Refresh = F5)
- KSE 100-Index went to 344 negative, but once again 357 now.
- Market closed at 285.36, sixTh consecutive negative day in KSE.
There is an meeting going on in KSE about the current market crash. There are couple of things that are under consideration.
- Market upper lock percentage can be raised to 10% from current 5%, and lower cap limit to 1% instead of current 5%.
- Market can be closed till 6th of september, 2008. (Till President Elections)
- There are some more rumours speculation as well,
Will update it soon, and please give your valuable comments to improve this blog in more better way,Thanks.
Allah Hafiz,
-abs
