Investment at Karachi share market under CFS Mk-II decreased steeply by 37.41 percent during the week ended on April 11, to settle at Rs 1.13 billion mainly due to an outflow of Rs 678 million after the directive from SECP for its discontinuation. The CFS rate, however, increased by 633bps to 25.12 percent.
The top 5 scrips by CFS investment were Engro, ICI, OGDC, NBP and POL cumulatively accounting for 57 percent of the total CFS investment during the week.