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Morning Chronicle issued by Adeel and Nadeem Securities Limited

Karachi, November 26, 2012 (PPI-OT): KSE–100 INDEX:-

The KSE-100 share index closes the day at 16,256.97.With increase of 5.18 points (+0.03%).

According to Adeel and Nadeem Securities Limited, the intra-day range of The KSE-100 index for the session was 16199.08 – 16300.22. Total shares traded during the session however decreased by 205.30 million shares from the previous turnover of 330.35 Million shares. The KSE-100 share index opened the Session at 16263.81 with +12.02 point plus.181 scripts in the positive zone, 158 in the negative zone, while the value of 27 scripts remained unchanged.

LSE-25 INDEX:-
LSE–25 INDEX increase +35.00 points close with 4022.05. 16 stocks UP, 27 stocks down and 04 stocks remain unchanged. VOLUME LEADER (FCCL) closes 7.00 -0.07. Volume 735,500.

The KSE-100 share index has entered the 16,250 is a very crucial area and there are chances of market rebound or at least a correction from there. If index bullish it on closing basis then next target will be 16,500. The best Strategy is to buy on weakness and partial profit taking on strength in current scenario.

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