CFS investment up by Rs 800 million

The Karachi Stock Exchange (KSE) during the week witnessed a rise in CFS investment by Rs 800 million. KSE figures showed that investments under CFS stood at Rs 35.70 billion against Rs 34.90 billion in the previous week, recording an increase of Rs 800 million.
The interest on CFS financing, rising by 1.39 percent, reached 14.1 percent. Open interest in futures contracts was also seen swelling, while investments under CFS in December contracts remained Rs 9.10 billion, and the interest on CFS financing in futures contracts stood at 7.3 percent.
Experts attributed the increase in CFS investment to the transfer of in-house Badla to CFS.