Identifier
Created
Classification
Origin
09KARACHI195
2009-06-10 11:19:00
UNCLASSIFIED//FOR OFFICIAL USE ONLY
Consulate Karachi
how-toVZCZCXRO5932 RR RUEHLH RUEHPW DE RUEHKP #0195 1611119 ZNR UUUUU ZZH R 101119Z JUN 09 ZDK FM AMCONSUL KARACHI TO RUEHC/SECSTATE WASHDC 1110 INFO RUEHIL/AMEMBASSY ISLAMABAD 0570 RUEHLO/AMEMBASSY LONDON 0336 RUEHNE/AMEMBASSY NEW DELHI 1887 RUEHBUL/AMEMBASSY KABUL 0294 RUEHPW/AMCONSUL PESHAWAR 4626 RUEHLH/AMCONSUL LAHORE 2743 RUCPDOC/DEPT OF COMMERCE WASHINGTON DC RUEATRS/DEPT OF TREASURY WASHINGTON DC RUEAIIA/CIA WASHDC RUMICEA/USCENTCOM INTEL CEN MACDILL AFB FL RHEHAAA/NSC WASHINGTON DC RUEKJCS/SECDEF WASHINGTON DC RHMFISS/JOINT STAFF WASHINGTON DC
UNCLAS KARACHI 000195
SENSITIVE
SIPDIS
E.O. 12958: N/A
TAGS: EFIN ECON PK
SUBJECT: KARACHI -STOCK MARKET DOWN
UNCLAS KARACHI 000195
SENSITIVE
SIPDIS
E.O. 12958: N/A
TAGS: EFIN ECON PK
SUBJECT: KARACHI -STOCK MARKET DOWN
1. (SBU) Summary: The Karachi Stock Exchange (KSE)- 100 Index
ended the week of June 5 at 6,894.62, 5.25 percent down from the
previous week's close. Overall market capitalization decreased to
$25.32 billion, with net foreign portfolio investment outflow of $12
million. Continued fears regarding the security situation and
apprehension about the upcoming budget left investors skittish. End
Summary.
2. (U) The KSE-100 Index ended the week of June 5 at 6,894.62, a
loss of 5.25 percent from the previous week's close. Overall market
capitalization decreased to $25.32 billion from $26.62 billion. Net
foreign portfolio investment outflow was $12 million; nearly triple
the previous week's outflow of $4.1 million. The trading volume,
after peaking the week of April 6 at 1.36 billion, was down to 474
million. Almost all sectors saw declines for the week. (Note: The
KSE-100 Index comprises the top company from ea/lh{qmzFr worsen.
FAKAN
SENSITIVE
SIPDIS
E.O. 12958: N/A
TAGS: EFIN ECON PK
SUBJECT: KARACHI -STOCK MARKET DOWN
1. (SBU) Summary: The Karachi Stock Exchange (KSE)- 100 Index
ended the week of June 5 at 6,894.62, 5.25 percent down from the
previous week's close. Overall market capitalization decreased to
$25.32 billion, with net foreign portfolio investment outflow of $12
million. Continued fears regarding the security situation and
apprehension about the upcoming budget left investors skittish. End
Summary.
2. (U) The KSE-100 Index ended the week of June 5 at 6,894.62, a
loss of 5.25 percent from the previous week's close. Overall market
capitalization decreased to $25.32 billion from $26.62 billion. Net
foreign portfolio investment outflow was $12 million; nearly triple
the previous week's outflow of $4.1 million. The trading volume,
after peaking the week of April 6 at 1.36 billion, was down to 474
million. Almost all sectors saw declines for the week. (Note: The
KSE-100 Index comprises the top company from ea/lh{qmzFr worsen.
FAKAN