Sep
09
KSE Live Update: On-Going Market Advice For 09-09-2008
Posted by abasits | Posted in Daily KSE, KSE Advice, KSE Crunch, KSE Live Update, KSE News, KSE Predictions, Karachi Stock Exchange | Posted on 09-09-2008
AOA,
apnakse.com, once again starting after the presidential election.
09-09-2008 First Trading Hour Live Update, (Page Refresh = F5)
- A positive start has been changed to negative tone, -12 at the moment.
- The Zardari oath can turn the market arround into positive, which means last trading hour again.
- The market went positive yesterday, but then suddenly dropped down. There were few factors like;
- Heavy selling in PSO, NBP and OGDC.
- Yesterday, the meeting fear was definitely another reason of that.
- Also, some brokerage house are trying to offload themselves.
- Foreign Investment selling pressurized KSE to negative zone.
- Market has reached to -16 points.
- In last hour, we can do some buying but until then wait and see.
09-09-2008 Second Trading Hour Live Update, (Page Refresh = F5)
- KSE 100 Index is like an dead piece of meat, -16.70.
09-09-2008 Third Trading Hour Live Update, (Page Refresh = F5)
- -18.44, with no change. Waiting for last hour to see some action.
09-09-2008 Fourth And Last Trading Hour Live Update, (Page Refresh = F5)
- Market closed at 16.61 negative, with very trades today once again.
- There was not much to do in market todat, we hope could do tomorrow something.
Will come with tomorrow’s update, until then Allah Hafiz.
-abs
Dear Abs,
Please confirm me if we buy Future Contract of HUBC now, do we become eligible for the Dividend ?
Does holding Future contract allow the holder to get Dividend/Bonus/Rights ?
sorry for the late reply,
two conditions here,
1. if near to the end of month then no chance,
2. if its a start of the month, then KSE divide the future scrip into two parts. like HUBC A and HUBC B, and on one of them they will give you the divident. totally, based on policy. Mainly, they dont do this.
cheers,
-abs