Reproduce the following extract of market report in non-technical language: Karachi December 09,2001“The Stock Market gave an improved performance yesterday on amid relatively increased activity share values staged modes recovery across a broad front following revival of demand at the lower levels aided mainly by good dividend news”. “Trading in the forward counter was highlighted by a sharp spurt in National Motors following the announcement of handsome dividend. After opening 55 paisa up against the overnight close which proved to be the day’s lowest bid, it steadily advanced to hid the day’s peak Rs. 29.00 but finished somewhat reacted round Rs. 3.15 Bullish hella was, however, not declared due to clearing Barring a few, all issues suffered falls
a) Comments: This is an extract from Karachi Stock Exchange as on December 08,2001, showing on improved performance as compared to the yesterday’s business. The main reason for the increase in price was a good dividend news – most of Read more