Saturday, December 20, 2008

KSE CFS financing will resume from Monday


KARACHI: Karachi Stock Exchange (KSE) CFS financing will resume as usual from Monday.One KSE Director told Geo News that the Board has decided opening of CFS market as usual from Monday and the stock members would be liable to pay the Mark-II market losses on daily basis. Following the opening of CFS market, stock members would have to make 25 percent payments of Mark-II market losses by Monday. Otherwise, National Clearing Company (NCC) would

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