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KSE Live Update: On-Going Market Advice For 01-09-2008

Posted by abasits | Posted in Daily KSE, KSE Advice, KSE Live Update, KSE News, KSE Predictions, KSE Trend, Karachi Stock Exchange | Posted on 01-09-2008

AOA,

Going to start with today’s (01/09 /2009 ) KSE live trading Pre-open session as usual,

Pre-Open Live Update, (keep refreshing the page by key F5)

  1. Most of the scrips are at their closing value.
  2. There are some big buyers in OGDC, BAFL, PPL and NBP. If OGDC works, then we could see a positive change today.
  3. MCB is Rs.2 down at the moment.

 01-09-2008 First Trading Hour Live Update, (Page Refresh = F5)

  1. Market opened with 0.88 negative.
  2. PPL-Sep is quite low, can do some buying there.
  3. PSO, Nissat, MCB, PPL-SEP, PPL, NML, Engro, HUBC are positive.  
  4. PSO is looking different today, POL is in positive now as well.
  5. 9.77 positive and condition is same like last two days victimised of low investing scenarios.
  6. You can visualized by total no of trades i.e; 5,282, how bad the situation is. Investors are waiting to sell their stuff but they are unable to do so. Feeling miserable!
  7. KSE 100-Index went to -8.88, and the red color is prominent again on the trade screen. 
  8. We can see some change after 6 September presidential election, Ramzan-ul-Mubarak is also another  low trading aspect.  

01-09-2008 Second Trading Hour Live Update, (Page Refresh = F5)

  1. At the start of this hour KSE market is -10.64.
  2. Acoording to Special resources, Zardari’s spokeman said that they will give a gift of Judges restoration and article 58(2) deletion on 7th of september, 2008.
  3. Market reached at -8.71, no advancement happened.

01-09-2008 Third Trading Hour Live Update, (Page Refresh = F5)

  1. Market is at -10.29 at the start of this hour.
  2. Today, a meeting will be held at about 11 AM (PST),  where they would discuss the current  situation of KSE.
  3. Another speculation is that opposition would try to stop zardari from becoming the president by all means.
  4. Brokerage Houses are uncertain and they are advising their clients with “Dont work” words.
  5. Investors have lost unbelievable amount and they are unable to pay. Brokage Houses are giving debit notices for the outstanding amounts. 
  6. Most of the Clients have not got much to invest.
  7. Market is negative 9.48.

01-09-2008 - Fourth Trading Hour Live Update, (Page Refresh = F5)

  • KSE 100 Index reached at -4.68, same 10-20 points to-and-fro.

01-09-2008 - Last Half An Hour Trading Live Updates, (Page Refresh = F5)

  1. 9.99 negative, moving with the same pace. Waiting for the Meeting results. 
  2. Only four mins to go, and market is -11.22.
  3. We hope, Presidential election could be turning point for KSE.
  4. KSE 100-Index Closed at 15.39 Negative.

Will come with more KSE Crunch, keep visiting in non-trading time as well for the latest updates.
Allah Hafiz,

Wasalm,
-abs

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