MANAGINGDIRECTOR
commodities prices gradually coming down, etc. While the KSE-100 Index fell 58% in 2008, ... on Saturday 24th January 2009 in collaboration with Securities & Investment .... Stock prices have fallen to levels, which were last seen ... companies in 2001, 16 companies in 2002, 8 in 2003, 12 in 2004, 4 in 2005,12 in ...
http://www.kse.com.pk/mediacenter/docs/KSE_Newsletter_Jan-Mar-2009.pdf
Impact of
Macroeconomics Variables on Stock Prices:
Emperical ...
by SD Mohammad - 2009Karachi Stock Exchange achieved a major milestone when KSE-100 Index crossed the ... As of Sept25, 2009, 654 companies were listed with a market ... He used Karachi stock exchange 100 index price for 1974 to 2004. ...
http://www.eurojournals.com/ejsr_38_1_10.pdf
Calendar
Anomalies: Case of Karachi Stock Exchange
by N Zafar - 2009 - Related articles
http://www.eurojournals.com/rjis_9_09.pdf
Causal relationship between macro-economic indicators and
stock ...
KSE-100 Index was launched and it became the most ge- ... 2009, 651 companies were listed with total market .... stock prices. Nishat and Shaheen (2004) found industrial .... index of all share prices of Karachi Stock Exchange. The ...
http://www.academicjournals.org/ajbm/PDF/pdf2010/Mar/Ali et al.pdf
2009: Flashback KSE up 60%, best
since 2003!
2004. 2005. 2006. 2007. 2008. 2009. Return. Return in US$. Source: KSE, JS Research. Graph: Historical yearly performance of KSE-100 Index .... Allowance of 30% benefit of FSV for pledged stock and mortgage properties ... Rs 6.3bn fine imposed on 20 cement companies for alleged price cartelisation by ...
http://www.jsglobalonline.com/researchReports/2009 Market Review.pdf
2 FAIR VALUE ACCOUNTING: CHALLENGES AND DYNAMICS
the stock market, created first by the rapid erosion in market capitalization and the subsequent imposition of the floor of 9144 points on the KSE-100 Index from August 27, ..... European Central Bank (2004), “Fair value accounting and financial ... International Monetary Fund (2009), “Procyclicality and Fair Value ...
http://www.sbp.org.pk/fsr/2009/pdf/Ch 2 Fair Value Accounting Challenges and Dynamics.pdf
9 PERFORMANCE REVIEW OF THE INSURANCE SECTOR
... both higher life premiums and better investment results are expected as asset prices recover. .... KSE-100 index, with a market capitalization of 2.8 percent (Table 9.2). ... 2588.9. *As on October 31, 2009. Source: Karachi Stock Exchange ..... supervision of insurance activities on the Internet” October 2004. ...
http://www.sbp.org.pk/fsr/2009/pdf/Ch 9 Performance Review of the Insurance sector .pdf
LONG-RUN AND SHORT-RUN RELATIONSHIP BETWEEN MACROECONOMIC ...
by N SOHAIL - 2009crash was observed from May 2008 to January 2009. In this period, KSE100 ... long-run relationship between stock prices and the industrial production in ... and the Index of Karachi stock exchange. The set of variables included index ..... Farooq, M. T. and D. W. W. Keung (2004), Linkage between stock market prices ...
http://www.pu.edu.pk/economics/pesr/PDF-FILES/3 ZAKIR Macroeconomic Variables and Stock Prices.pdf
Validity of Capital Assets Pricing Model: Evidence from
KSE-Pakistan
Hanif, (2009) covering four years period (2004 to 2007) sample covering the tobacco sector ... As our sample is not covering the all companies in KSE-100 so the ... This formula is applied to stock prices and to market index so that the ...
http://papers.ssrn.com/sol3/Delivery.cfm/SSRN_ID1545547_code454519.pdf?abstractid=1544287&mirid=1
THE KHARTOUM STOCK EXCHANGE: AN EMERGING ISLAMIC
MARKET
KSE Annual Report (2004). 'Khartoum Stock Exchange Annual Report 2004.' Khartoum, Sudan: Khartoum Stock Exchange (Arabic/ English). ..... Table 5. Khartoum Stock Exchange shareholding, 2009 .... Notes: (1) Sudatel stock price index generated from stock price returns series assuming a base level of 100. in 2002Q4 ...
http://papers.ssrn.com/sol3/Delivery.cfm/SSRN_ID1302935_code694360.pdf?abstractid=1302935&rulid=7335642&mirid=1
495(08)
NA (S)
for 2008-09 and 2009-10 will he set at the time of formulation of trade policies by the Cabinet. ... 2004-05: The market capitalization of Karachi Stock Exchange (KSE) ... KSE 100 Index increased by 43% from 9989.4 on June 30, 2006 to 13, 772 ... and sale price of gas obtained from Balochistan as compared to ...
http://www.na.gov.pk/questions/session4/friday25042008_4S.pdf
3075(09) NA (S)
(h) KSE put a 'Floor' on the price level of the stock market in August ... (i) KSE-100 index after touching its lowest level of 4815.34 on January. 26, 2009 has started to recover. ...... been issued since July, 2004 to 26th June, 2009. ...
http://www.na.gov.pk/questions/session15/thursday130809.pdf
Trading Volume and
Stock Return: The Impact of Events in Pakistan
...
stock return in KSE 100 index and the declining in trading volume from Rs16 ... affected the stock price due to which the trading volume and the stock ...
http://www.bizresearchpapers.com/30.Akysha.pdf
LSE NEWSLETTER
IN the auction of Pakistan Investment Bonds after 2004 due to expected cut in ... March 2009. LSE-25 INDEX OVERVIEW. Price (Rs.) Outstanding Shares .... Karachi Stock Exchange. LSE-25 Index Trading Volume KSE-100 Index Trading Volume ...
http://www.lahorestock.com/InvestorEducation/NewsLetters/StockNewsLetteMar2009.pdf
LSE NEWSLETTER
July 2009. LSE-25 INDEX OVERVIEW. Price (Rs.) Outstanding Shares .... Lahore Stock Exchange. Karachi Stock Exchange. LSE-25 Index. Trading. Volume. Traded Value. KSE-100 Index. Trading. Volume. Traded Value. Closing June 2009 .... 2004-05. 2005-06. 2006-07. 2007-08. 2008-09P. Commodity Producing Sector ...
http://www.lahorestock.com/InvestorEducation/NewsLetters/StockNewsLetteJul2009.pdf
Stock market volatility and weak-form efficiency: evidence
from an ...
(2009) 'Stock market volatility and weak-form efficiency: evidence from .... there exists rampant manipulation of stock prices (Khwaja and Mian, 2005), investors ... (2004) examine the stability, predictability, volatility, ... The author also develops a forecasting model for the KSE-100 index using ...
http://inderscience.metapress.com/index/248675013087T0V3.pdf
Bulletin September-October 2009.FH10
About two years ago our stock price was amongst the highest in this region. ..... a Recognition Award in 2004 for its gender sensitive management. ...... KSE 100 Index. Market Capitalisation. Listed Companies at KSE ...
http://www.nbp.com.pk/EconomicBulletin/EB-September-October2009.pdf
Bulletin
10 May 2009 PDF.FH10
Stock Exchange (KSE) 100 Index bottomed out in late ... 2009-10, mainly on account of the full-year effect of lower oil prices. ...... 2000 2001 2002 2003 2004 2005 2006 2007 2008 2000 2001 2002 2003 2004 2005 2006 2007 2008 ...
http://www.nbp.com.pk/EconomicBulletin/EB_MarchApril2009.pdf
C
Capit tal Ma arket ts
ways for the emerging stock market of Pakistan. KSE-100 index has been showing consistent .... companies in MSCI. Table 6.3: Profile of Karachi Stock Exchange. 2004-05. 2005-06 .... Table 6.5: Price Earning Ratio, July 2008 – March 2009 ...
http://www.finance.gov.pk/survey/survey 2008-09/06-Capital.pdf
O
Overv view of th he Ec onom my
persistently since 2004-05 and its ratio to GDP has ...... view a cut of 100 bps in the policy rate in April. 2009. 6. CAPITAL MARKETS ... The stock markets in Pakistan posted good gains and the. KSE-100 index gained 11.6 percent by mid of ..... percent in wheat prices, while over 100 percent ...
http://www.finance.gov.pk/survey/survey 2008-09/overview.pdf
“NCEL- 2009 a year of success”
Taraqiati Bank (ZTBL), Pak Kuwait Investment Co., and the three national stock-exchanges. ... with the Bank of International Settlements (BIS) November 2004 ... discovery, liquidity (international market depth), tight price spreads, ... KSE Value. LSE Value. NCEL Value ... KSE 100 INDEX. NCEL COMMODITY INDEX.
http://www.ncel.com.pk/PressRelease/NCEL-2009_a_year_of_success.pdf
APPLE MARKET INTEGRATION: IMPLICATIONS FOR SUSTAINABLE ...
14 : 1 (Summer 2009): pp. 115-137. An Empirical Investigation of the Causal .... tremendous growth in the last few years: The KSE-100 index rose from ...... Stavárek, D., 2004, “Stock Prices and Exchange Rates in the EU and the ...
http://www.lahoreschoolofeconomics.edu.pk/JOURNAL/LJE_VOL-14-1 PDF Final Printed/5_Arshad Hasan.pdf
November
2009
On The Stock Market Front. During the month, the KSE -100 index has increased by ... The NAV based prices of units and any dividends/returns thereon are dependant on ... 2004 2005 2006 2007 2008 2009 2010. 2.50%. Administrative Plans ...
http://www.atlasfunds.com.pk/spotlight/F70.pdf
December
2009
On The Stock Market Front. During the month, the KSE -100 index has increased by ... coupled with potential further upside in equity prices .... 2004 2005 2006 2007 2008 2009 2010. 2.50%. Administrative Plans ...
http://www.atlasfunds.com.pk/spotlight/F72.pdf
Fund Manager
Report
interim cash/bonus dividend for quarter ended March 31, 2009 of Rs. 4.00/- per unit (4% ... The Karachi Stock Exchange benchmark KSE-100 index started the month of April at a ... 19th April 2004. KSE-100 INDEX/. 6 M KIBOR. GANGJEES REGISTRAR ... The consumer price index (CPI) continued to see a downward trend, ...
http://faysalfunds.com/docs/FMRAPRIL2009.pdf
Fund Manager
Report
The benchmark KSE-100 index closed down 41.72% for the year. ... To make matters worse 'floor' was imposed on the prices of scrips on local stock exchanges for ... 19 APRIL 2004. KSE-100 INDEX/. 6 M KIBOR. GANGJEES REGISTRAR ... 13, 2009. Much to the chagrin of the equity markets, there was nothing particularly ...
http://faysalfunds.com/docs/FMR JUNE 2009.pdf
Arif Habib L.
Quarterly March 2009 Final.FH10
low levels of both average share prices and the daily turnover volumes at the Exchange ... The benchmark Karachi Stock Exchange (KSE)-100 Index posted a healthy .... The Company was incorporated on 7 September 2004 under the Companies ...
http://www.arifhabibltd.com/ver1/3Q08.pdf
Arif Habib L. Half
Yearly Dec 2008 Final.FH10
27 Feb 2009 ... The KSE-100 index closed on 5865.01 points on 31 December 2008. .... 1.1 The Company was incorporated on 7 September 2004 under the Companies Ordinance, 1984, as an unquoted ... 1.2 The company is listed at the Karachi Stock Exchange ... Under the "Floor Mechanism" the individual security price ...
http://www.arifhabibltd.com/ver1/HYDEC2008.pdf
HK SIng Presentation Mar 08
KSE-100 Index Composition. Source: CEIC, Merrill Lynch Research. Source: KSE. Banks. 34%. Ex ploration ..... At current levels the stock trades at 2.3x 2009E Price .... 100. 2003 2004 2005 2006 2007 2008 2009 2010. WTI. Dubai light ...
http://www.pakboi.gov.pk/eletter/News & Reports/Pakistan Stock Market_10709263.pdf
Pakistan: Just push play
Macro themes to consider: We expect stock prices to take their ...... with the benchmark Karachi Stock Exchange 100 Companies' Index (KSE-100) ..... 31-12-2004. Stock as on. 31-12-2005 (P). Direct investment in Pakistan ...... operating in Pakistan to raise their paid-up capitals to Rs6bn each by the end of 2009. ...
http://www.pakboi.gov.pk/eletter/News & Reports/JP MORGAN Pakistan Analysis.pdf
Stock Market Synchronicity and the Global Trade
Network: A Random ...
by A Adarov - 2009A separate strand of the literature, pioneered by Imbs (2004, 2006), focuses on ...... Fagiolo, G., Reyes, J. and Schiavo, S. (2009). “The World-Trade Web: .... Markets: Why do emerging markets have synchronous stock price movements?”. ..... The Karachi Stock Exchange KSE100 Index. KSE. 40 Peru. The IGBVL Index ...
http://www.eiit.org/WorkingPapers/Papers/ForeignInvestment/FREIT115.pdf
2009 Semi-Annual Stock Market
Performance Overview
Since 2004 the Amman Stock Exchange has been witnessing an increase .... The plunge of the Amman Stock Exchange General Index during June 2009, coupled with the ...... Index continued to oscillate within a narrow range of less than 100 ..... Change in Price. Danah Al Safat Foodstruff Company (DANAH.KSE). 185.19% ...
http://www.abci.com.jo/cms_files/2009_Semi-Annual_Stock_Market_Performance_Overview_Report.pdf
State of Economy
current the KSE-100 Index is fairly valued at PE of 6.96x. .... been prepared to eliminate the stock of “circular” debt in the energy sector. The ...
http://www.pkic.com/beta-pkic/downloads/uploads/economic-paper-august.pdf
Meezan
Balanced Fund (MBF) Quarterly March 2009
Final.FH10
resulted into decline of KSE-100 Index by 52% in its bearish spell till ... of stock market which increased by 43% from the lowest level of 4815 to close the ... of January 2009. With the removal of the price floors, the brokers, ..... The Trust Deed was executed on June 15, 2004 and was approved by the Securities ...
http://www.almeezangroup.com/Portals/0/MBF_Qtr_Mar09.pdf
Asian Development Outlook 2008 Update
the largest price runups in developing Asia, succumbed to political uncertainty and weakened economic fundamentals as the KSE-100 index ...
http://www.adb.org/documents/books/ado/2008/Update/Part03-PAK.pdf
May 2009
by R Developments - Related articles
http://www.adb.org/Documents/Reports/South-Asia-Economic-Report/2009/South-Asia-Economic.pdf
April 2009
company in February 2004. ETNL received its first up-linking license for “HUM TV” ... Karachi Stock Exchange in August 2005. In order to further strength the channel based ... Price to Earning ratio. 6.6 x. Payout History. 2009 ... Relative Strength Index is moving upward in the over brought area with value 60.28. ...
http://www.abbasiandcompany.com/FundamentalAnalysis/Eye Television.pdf
<a
href="http://www.bracil.net/info/CCFEA_Workshop2010/">CCFEA
...
We calibrate the different models five stock market indices (FTSE 100, S\&P ... The price data from three stock exchanges, Karachi Stock Exchange (KSE), .... theoretical determinants for the period between 2004 and 2009. ... statistically significant explanatory power on the iTraxx CDS index in different period ...
http://www.bracil.net/info/CCFEA_Workshop2010/Abstracts.pdf
Pakistan Market Commentary
3 Feb 2009 ... Thus, the Pakistan stock market is likely to remain range bound between 4500-6000 levels for the next ... KSE-100 Index vs Discount Rate. Source: Alpha Beta Research ... 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008*2009**. Share mn ..... prices? These are the questions on investors' minds. ...
http://alphabetacm.com/presentation_files\Pakistan Market Commentary.pdf
October 09, 2009 The Weekly Service from Alfalah
Securities (Pvt ...
KSE-100 Index closed at 9768.63 up 3.3% over the week. Average Daily Volume during this week .... The board of directors of Karachi Stock Exchange ...
http://www.alfalahsec.com/Reports/AFS-PAKISTAN WEEKLY REVIEW-09OCT09.pdf
Pakistan Capital Market Fund (PCM)
drive sector allocation and stock selection decision for equities, while, interest rate outlook and yields relative to equities returns ... Portfolio Characteristics. PCM KSE-100. Price to Earning - 2008 x ... NAV Rs. per unit/KSE-100 Index ... 24th January 2004. Front-end load. Up to 2%, effective 12th Jan, 2009 ...
http://www.alfalahsec.com/fundmart/downloads\FMR\Arif Habib\Pakistan Capital Fund.pdf
36. Capital Market Development
Stock market continued performing well and KSE 100 shares index attained the ..... 2009-10. 5423. --. 1222. 2793. 100. 2893. 2349. 5242 ... information for price assessment purposes. According to the literature of financial ... the end of 2004. To develop the capital market to a level where it could be able to ...
http://www.pakistan.gov.pk/ministries/planninganddevelopment-ministry/mtdf/36-Capital Market development/36-Capital Market Dev.pdf
Directors' Report
KSE 100 index started year 2008 by quickly absorbing the political shocks ... Stock markets world over depicted a sorry picture of worse ...
http://www.abl.com/thebank/pdf/annual_report08/director_report.pdf
Fertilizer Sector (May 2009).FH10
25 May 2009 ... ENGRO has long been regarded a growth stock and we believe the long-term growth ...... Chart 1: Engro Price Performance vs KSE100 Index ...
http://www.igisecurities.com.pk/pdf/Fertilizer_Sector_Review_May_2009.pdf
Copy of
for PDF.FH10
bourse and finally on 19th January 2004 the company was formally listed on all three stock ..... March 2009. (As conveyed by PPIB). Bids to be invited afresh ..... Because of such a high influence, the company's stock price movement has ... Annual return of the stock and. KSE-100 index can be seen in the following ...
http://www.igisecurities.com.pk/pdf/OGDC-April-2007.pdf
NIB
BANK LIMITED
Price PKR 4.65 (December 02, 2009); Fair value PKR 7.10; Potential upside .... In April 2004 the Pakistan operations of Credit Agricole Indosuez were also ... We believe that the recent pruning in equity prices after the KSE-100 index ... Due to bearish spell in stock market, NIB share become attractive on book ...
http://www.weonline.biz/reports/NIB DETAIL REPORT - FINAL.pdf
ECONOMIC SURVEY OF PAKISTAN 2004-2005 Part-II
The Karachi Stock Exchange (KSE) share index and aggregate market ... turned bearish since March 16, 2005 and the KSE 100 index dropped to as low as ..... Table-7.6 : Price Earning Ratio July 2004 – March 2005 ...... Pakistan issued $ 500 million 5 year Regulation-S Eurobond due 2009, lead managed by JP Morgan, ...
http://www.accountancy.com.pk/docs/Economic-Survey-2004-05-Part-II.pdf
FNE Daily
Call
6 Nov 2007 ... The KSE-100 index broke the all time record of steepest fall in a single day and ... tem by 2009-10, weighted average price ...
http://www.fnetrade.com/reports/Nov06'07.pdf
morning shout
21 August 2009. KASB Research research@kasb.com. (9221) 111-222-000 ... 2004 but 1.7% during Ramadan period reflecting increased demand and potential profiteering by traders. .... World Markets and Commodity Prices. International Equity Markets ... KSE-100 Index. 7973.45. 20.75. 0.26. S&P 500 Index, RTH. 1007.37 ...
http://www.kasbdirect.com/downloads/research/MS21-08-09.pdf
Asset Manager Rating: AM2 (PACRA) Risk Profile Low High Fund
...
stock selection decision for equities, while, interest rate outlook and yields relative to equities returns ... 24th January, 2004. Currency. PKR. Fund Manager ... NAV Rs. Per unit / KSE-100 Index. 9.74. 9206.21. Price Earning - 2009 ...
http://www.arifhabib.com.pk/downloads/report/fmreport/Nov_09PCM.pdf
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