+Vote!
Market Movers (Free subscription) | yesterday
Last month the Pakistani Small Investors Association made a "demand that all stock prices be frozen at current levels". Ask, it seems, and you shall receive : The Board of Directors of the Karachi Stock Exchange has decreed that although stock prices are free to rise as much as 5% per day, they're not allowed to fall below Wednesday's closing price. Genius. Next step: why not decree that no trade...
+Vote!
The Stalwart (Free subscription) | 28/08/2008
Over the Counter: Why didn't we think of that before?The Karachi stock exchange's management has had a stroke of genius. (Or some sort of stroke, anyway.) Stock prices have been falling fast, so, as of today, they won't be allowed...
+Vote!
Pakistan News (Free subscription) | 28/08/2008
KARACHI:The Karachi Stock Exchange (KSE) index opened over 1 percent higher on Thursday after exchange and government authorities set a floor for the index following heavy losses in recent days. Shares later slipped a bit from their highs. KSE index was up 0.74 percent, or 67.74 points, at 9,212.67 by 0421 GMT. Some dealers saw the floor [...]
+Vote!
Market Watch (Free subscription) | 28/08/2008
HONG KONG (MarketWatch) -- Pakistani shares climbed Thursday, shrugging off a mixed performance for regional equities, on the first day of trading since securities regulator said they have set a floor for the Karachi Stock Exchange, whereby shares are not allowed to trade below their closing level as of Wednesday.
+Vote!
Law Blog - WSJ.com (Free subscription) | 27/08/2008
The Karachi Stock Exchange proposed freezing the benchmark KSE-100 Index at 9000, after the latest political crisis dragged the index to its lowest point in more than two years for the second consecutive session.
+Vote!
Big News Network.com (Free subscription) | 27/08/2008
Karachi, Aug 27 (DPA) Pakistan's main Karachi Stock Exchange decided Wednesday to freeze all stocks at current levels after the market plunged another 3.5 percent amid mounting political uncertainties.
+Vote!
The Earth Times Online Newspaper (Free subscription) | 27/08/2008
Karachi - Pakistan's main Karachi Stock Exchange decided on Wednesday to freeze all stocks at current levels after the market plunged another 3.5 per cent amid mounting political uncertainties. The board of directors has imposed a cap to stop the ke...
+Vote!
Pakistan News (Free subscription) | 27/08/2008
Karachi stocks fell over 4 percent in early trade on Wednesday to their lowest level in more than two years as investors sold blue chips such as OGDC amid persistent political uncertainty in the country. By 0455 GMT, the benchmark Karachi Stock Exchange (KSE) index was down 4.4 percent at 9,020.50 points, a level last seen [...]
+Vote!
Pakistan News (Free subscription) | 26/08/2008
Karachi Stock Exchange (KSE), like other segments of the society, also seems severely rocked by the break up of the ruling political alliance, as the KSE-100 index today went reeling down by 400 points and pegged at 9408. The market today opened in an extremely pensive environment, as the KSE like others in the country felt [...]
+Vote!
Pakistan News (Free subscription) | 26/08/2008
KARACHI:Shares in Karachi stock market fell about 3 percent on Tuesday as investors sold blue chips such as OGDC on fears of more political uncertainty ahead after the coalition government split overnight. By 0454 GMT, the benchmark Karachi Stock Exchange index (KSE) was down 2.5 percent at 9,564.95 points after falling as much as 3.01 percent. Shares [...]
1Vote!
Pakistan News (Free subscription) | 25/08/2008
KARACHI :Shares in Karachi stock market fell 1.8 percent to close at a near two-week low on Monday as mounting investor doubts about whether the coalition government will stay intact spurred selling in financial stocks such as MCB Bank. The benchmark Karachi Stock Exchange (KSE) index closed down 1.8 percent at 9,813.66 points, a level last [...]
1Vote!
Pakistan News (Free subscription) | 21/08/2008
Karachi stocks market fell 3 percent on Thursday as investors worried possible cracks in the coalition government will again raise political tension, and sold blue chips such as OGDC and MCB Bank The benchmark Karachi Stock Exchange index fell as much as 3.02 percent to an intra-day low of 10,207.92 points. It slightly pared losses by [...]
1Vote!
Outstanding Investment, Top stocks (Free subscription) | 20/08/2008
After the December 2007 assassination of Prime Minister Benazir Bhutto, the Karachi Stock Exchange plummeted along with Pakistan stocks... with a delay caused by a government suspension of trading. But on the market's reopen, Pakistan's financial markets were plunged into economic and political uncertainty, as fears of waning foreign investor sentiment raged. But where there's crisis, there's wealth....
1Vote!
Pakistan News (Free subscription) | 19/08/2008
KARACHI :The Karachi stocks jumped more than 3 percent in initial trade on Tuesday as investors cheered an easing of political turbulence after President Pervez Musharraf quit, but lost some gains as the session wore on. Blue chips such as OGDC were favoured. The benchmark Karachi Stock Exchange (KSE) index jumped as much as 3.2 percent in [...]
+Vote!
Business Week (Free subscription) | 18/08/2008
Both parties in the governing coalition have dismal track records. Still, Karachi Stock Exchange shares rose on news of the strongman's resignation
