Karachi Stock Exchange June 9, 2009

Today Karachi Stock Exchange KSE 100 index show tremendous performance and market 100 index moves up 195 points to be closed at 7086. Again most traded share was Jahangir Saddique Company (JSCL) with total trade volume of 11,220,200 shares and increased by RS 1.16 to be closed at 25.31. There was huge volume of trade in banking, securities and energy secotrs and some banks show very good output including Habib Bank Ltd (HBL), Muslim Commercial Bank (MCB), Royal Bank of Scotland (RBS), National Bank of Pakistan (NBP) etc. and securites like JSCL, AHSL & AHL.

Market is showing good response after release of tax news and covering back slowely. Tommarrow (June 10, 2009) market may get vibrated due to some reasons including bomb blast in Peshawer five star hotel and selling of some shares by players. But in the end 100 index is expected to be positve with some good points. So don't worry as market is going to be stable for next couple of weeks if budget is business friendly (which is not expected from the government :)). Anyways hope for the best and do take part in trading.

Please read previous dates comments for replies.

Thank You

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