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Article: Unsolved FED issue keeps investors nervous at KSE.
- Article from:
- The Nation (Karachi, Pakistan)
- Article date:
- June 24, 2009
CopyrightCOPYRIGHT 2009 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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By SADIQ RIZVI KARACHI, June 24 (THE NATION): Mixed activity witnessed at the local bourse as investors remained nervous over the outcome of Stock Members meeting on FED collection on broker commissions while the KSE-100 index managed to gain nominal 2 points to close at 7,025.89 points on Wednesday. The KSE-100 share index kicked-off positively on Wednesday with a gain of 1.57 points and kept the positive momentum alive till the end of the day, with a gain of 2.41 points. The hope of introduction of modified ready board leverage product was diminished as no official update is available from the committee working on the product. Accumulation in main board stocks, however, ...
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