MONDAY 15 March 2010 
 
         
KSE-100 
OPEN HIGH LOW CLOSE 
9,879.70 10,039.43 9,862.03 10,025.99
Change 146.29 1.48% 

Turnover 

Previous Current %Change 
175.16 160.99 8.09% 

CFS Statistics 

Value Change Badla Rate 
N.A N.A N.A 

Single Stock Forward 

FUTURE (bn)

0.65  

CHANGE

2.19

Technical Sentiment 

    SENTIMENT
    RESISTANCE R2
10,153.07
R1
10,089.31
    SUPPORT S1
9,911.91
S2
9,798.27
 

Outlook    

Opening new frontiers  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Equity Roundup

10,000 is finally here but is it here to stay?
Finally! The KSE100 crossed and closed above the much anticipated 10,000 level today as the bulls took charge later in the second session, lead by OGDC hitting its upper limit and closing very near it. The week-over-week gain too was healthy at 4.15%. Today's closing now encourages us to look forward to further appreciation and increased volumes; 10,250 is the next stop which represents a minor resistance marked by the 50% retracement levels of the index's all time high. Penetration through 10,250 will clear a path to 11,150. We recommend increasing exposure in select blue chips like PPL, MCB, ENGRO and PSO.
 
Special Convertible Rupee Accounts (SCRA)
  Daily Flow Cumulative Net Flow
  Inflow Outflow Net Mar-10 Jul-09 to date
Mar 10 2010 4.26 0.67 3.59 36.60 330.66
 
 
Tech Corner
Equity technical chart
 
 
         
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DISCLAIMER

This memorandum is produced by BMA Capital Management Limited and is only for the use of their clients. While the information contained herein is from sources believed reliable, we do not represen
t that it is accurate or complete and should not be relied upon as such. Opinions expressed may be revised at any time. This memorandum is for information only and is not an offer to buy or sell, or solicitation of any offer to buy or sell the securities mentioned.