[Zubair]

[Zubair]

Record Crash -640.85

Index Fall Below 13000.

[FXG]

I was expecting such a sell-off long time ago. KSE was artificially inflated to more than 3 time of its genuine volume. Now, we are in a situation where we really don't know the bottom. It now seems that every news is effecting the KSE extremely negatively ............. God help us!

[Zubair]

[Zubair]

[Zubair]

[IMG]om/33ekmls.gif[/IMG]

[Zubair]

[IMG]om/23w0hnn.gif[/IMG]

[Zubair]

[Zubair]

[Zubair]

Stock Market Crashes Again,
KSE-100 -450.15

[Zubair]

kse 100: -497.29

[Zubair]

.......................

[Zubair]

KSE 30: -704.85
KSE 100: -512.89

[Zubair]

kse 100: -549.30

[Zubair]

Today Lowest :
KSE 100: -590.58

[Zubair]

[IMG]om/5fp0r6.jpg[/IMG]

[Zubair]

KSE OPENS:
KSE 100: -406.12
KSE 30: -580.

[Zubair]

[Zubair]

KARACHI, Pakistan: Pakistani stocks have fallen to their lowest level in almost 14 months as swirling talk that President Pervez Musharraf will resign adds to concern about the country's economy.

Thursday morning, the Karachi Stock Exchange's 100-share index fell 4.2 percent to 11,742.83. The index hasn't touched that level since early April, 2007.

The plunge followed a report in a Pakistani newspaper — quickly denied by Musharraf's spokesman — that the president has decided to quit.

Atif Malik, head of research at JA Global Securities, said, "The political uncertainty and the media assertions about the President's resignation gave investors the jitters."

The benchmark index has lost about 25 percent from a record high in April.

[Zubair]