Nine percent fall in investment from CFS

15 Sep, 2008

Investment under Continuous Funding System (CFS) on Karachi share market on Friday decreased by 9 percent to Rs 16.46 billion against Rs 18.09 billion of previous week. The CFS rates ended at 16.6 percent as compared to 17.7 percent.
Top 5 scrips, by CFS investment, were JSCL, AHSL, OGDC, NBP and BAFL, and their cumulative share accounted for 39 percent of total CFS investment. Open position in futures remained low as it was recorded at Rs 3.1 billion, with a spread of 14.1 percent.

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