Wednesday 20 February 2013

MARKET REPORT IN TECHNICAL WORDS


MARKET REPORT IN TECHNICAL WORDS
Q Draw up, in proper form, a Market Day Report in technical words relating to Karachi
Stock Exchange using imaginary facts and figures. You are to report mixed tendency in
prices and explain the main causes responsible for it.
ANSWER:
Karachi, March 13,2002:
A mixed feeling continued in the Karachi Stock Exchange/Market on Tuesday with interest centered
round.. Gains and losses were evenly matched. Turnover totaled 56,240 Shares against 80,000 shares
transacted in the last period.
In the forward section Ademjee Cotton which started steady at 16.75 against their previous close at
16.60 declined to as low as 16.50 to close round 16.55 I.C.P. after opening 50 paisa better at 102.50
touched the day’s highest at 104.50. This, however, could not be maintained due to offerings, and
closed at 104.00.

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