14,361

14,361After yesterdays solid bashing down to 14,197 at one point, the KSE-100 index has somewhat recovered today and closed up at 14,361. AHSL was the flavour of the day with 32.4 million shares of a relatively low volume of 191.1 million shares traded today. Oil has risen upto $90 again. The next upside resistance is 14,400-500.

Dividends : OGDC : 17.5% Cash : EPS : 2.87
Packages : EPS : 8.73 

News : Oil & Gas Development Co., Pakistan’s biggest oil and gas explorer, said first-quarter profit remained unchanged. Net income was 12.34 billion rupees ($203 million), or 2.87 rupees a share, in the three months ended Sept. 30, from 12.33 billion rupees, or 2.87 rupees, a year earlier,… Revenue rose to 27.77 billion rupees from 25.29 billion
rupees a year ago. Source : Bloomberg

Upper Caps : ICI Pakistan + Worldcall Telecom + Attock Refinery + Netsol Tech

Market Low : 14,215.52 High : 14,365.75

Market Close : 14,361.24 – 100.38 points up

 

source: karachistockmarket.blogsome.com

Filed under Daily Market News, Dividends



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