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Total investment under continuous funding system (CFS) at Karachi Stock Market stood at Rs 38.97 billion on the last trading session of last week, against Rs 35.41 billion on previous Friday. The rate closed at 14.06 percent, down from 15.02 percent of previous week.
On the futures counter, open interest in the January contracts was recorded at Rs 7.42 billion--rising by 5.1 percent--whereas the cost of carryover in the futures market stood at 7.4 percent, up 324 bps, from 4.0 percent.

Copyright Business Recorder, 2007

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