Investment under continuous funding system (CFS) at the Karachi share market increased to Rs 44.6 billion on Friday as compared to Rs 41.9 billion on the same day a week earlier.
The CFS rate fell by 17 bps to 26-month low of 10.38 percent on the end of the week against 10.55 percent on the same day of previous week. The top five scrips contributing around 45 percent to the total CFS investment were NBP, OGDC, POL, PPL and PSO.
The open interest at the futures counter on Friday closed at around Rs 7.2 billion showing an increase of around 20 percent from last week closing of about Rs 6.0 billion. The companies in top five ranking for open interest were NBP, MCB, OGDC, POL and PPL, contributing around 63 percent.
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