Investment under CFS drops to Rs 11.6 billion

27 Oct, 2008

Investment under CFS decreased to Rs 11.6bn on Friday as compared to Rs 11.89 billion a week earlier, depicting massive 80 percent fall from Rs 57 billion that the market saw in November 2007. The dearth of funds also pulled up the CFS rates by another 62 bps to close at 60.05 percent.
The top five scrips by CFS investment were JSCL, OGDC, NBP, AHSL and POL, which cumulatively accounted for 40 percent of the total CFS investment during the week.

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