Pakistan Stock Exchange:

KSE indexes were in the green zone today but experts believe that many local investors are keeping a good distance from KSE these days : )

There is still some foreign investment in the market but not much investment is seen by local buyers.

Today was an ok day in the sense that trade volume was much better than that of yesterday.

Local buyers seem to have two main concerns: the capital gain tax and reintroduction of Margin Buying. Experts believe that as long as these two issues are unresolved/unclear, not many local buyers will be interested in investing their money at KSE.

KSE-100:
Current Index: 9791.89points
Gained/Dropped: 76.50/00

KSE-30:
: 9663.87
: 71.06/00

KSE-All:
: 6887.79
: 44.23/00

# of Trades: 54,678


USA Stock Markets:

Stock markets were under pressure today: experts believe that this is due to different worrying reports. One of the reports is about the reduced automobile sales in Europe. Shares of different automobile companies in Europe have dropped.

Other reasons can be the weak Dollar and not so good housing data.

[DJIA]:
Current Index: 10152.8points
Gained/Dropped: 00 / 145.64
Change: 1.41%

[IXIC]:
: 2,217.42
: 00 / 36.81
: 1.63%

[SPX]:
: 1,073.69
: 00 / 18.35
: 1.68%