04
KSE Live Update: On-Going Market Advice For 04-09-2008
Posted by abasits | Posted in Daily KSE, KSE Advice, KSE Crunch, KSE Live Update, KSE News, KSE Predictions, Karachi Stock Exchange | Posted on 04-09-2008
AOA,
In couple of mins, we shall start with the Live KSE trading updates,
04-09-2008 First Trading Hour Live Update, (Page Refresh = F5)
- 100 Index KSE Market opened with 0.22 positive.
- PSO, ENGRO & MCB suddenly went negative. But Engro recovered to positive now.
- All above three are negative now with market index at -3.41.
- There is an board meeting where the speculations are they might revert the changes back to normal from next monday, or the lower loc can be changed to 1% or 2% as we had seen earlier days.
- Also some brokers have large outstanding liabilities, and in case of high lower cap percentage there would be less options to exit.
- Market has reached to 0.97 negative, few points recovered.
04-09-2008 Second Trading Hour Live Update, (Page Refresh = F5)
- This is to inform you that most of the stock brokers believe that if zardari will be the president than the Karachi Stock Exchange would recovered due to one sided environment created by the the new gorveronment & the implemention of their set of policies.
- Market reached at -1.86, another dull day in the the histroy of KSE is in progress.
04-09-2008 Third Trading Hour Live Update, (Page Refresh = F5)
- -11.16 is the current score of KSE 100-Index, boring isn’t?
- THE ONLY GREEN LIGHT IS :
“6th September, 2008 Presidential Election”
- KMI-30 does not seems much effective, due to low trade volume.
- KSE Floor just tried to enforced this freezing methodology to save some of the brokers where they would be able to manage their liquidity, special resources said.
- KSE 100-Index stumbling at -11.78 at the start of this live trading hour.
- The difference is getting higher and higher, at the moment market is at -15.86.
- PSMC has declined to 70.20% from last parallel quarter year (EPS was 24.40) while they have come with only 7.28 EPS. Pak Suzuki Motors (PSMC) is country’s largest manufacturing company with 60% of market share.
- 2 Million Barrels Crude Oil has exported to china. An foreign oil company is engaged in exploration and production, but they would refine it in China due to lack of technology facilities in Pakistan.
- 25 mins remaining and market is -17.69.
- Wisdom Words,
“Success is lousy teacher. It seduces smart people
into thinking, they can’t lose”
-Bill Gates
-
Sluggish behaviour will be carried on to the last day of this week, -abs said -: )
-
Market has reached at -21.19, with 60=down, 44 = up and 104 = unchanged.
-
The final jerk has totally turned the market arround, KSE 100-Index closed with 0.11 positive.
For more updates, keep visiting in non-trading hours as well. Handsome traffic was constantly involved in apnakse.com which shows great reader interest, thanks to all of you. Allah Hafiz,
-abs



Abdul Bhai Do U have MSN ID SO we can chat on some stocks
AOA Mohsin,
yes i have got, but at the moment i am in office.
but any ways, my id is abasits@hotmail.com