Karachi Stock Exchange (KSE) May 19, 2009

Today on May 19 2009, Karachi Stock Exchange (KSE) show decrease of 105 points to be closed at 7068. The huge decrease in market was caused by selling in Energy and Banking sector. Most traded share was Jahangir Siddique Company (JSCL) whose share price decrease by RS 1.35. Arif Habib Security(AHSL) was also much traded but its price remain almost consistent with the decrease of RS .27.

According to some experts, market may get down even under 7000 points and may get to 6000 barreir this week. I will suggest investors to be very carefull this week and also try to avoid big trades. Besk of Luck.

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