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The Floor remains until November 15th

October 27, 2008

Sensibly for once , the KSE-100 index will remain "frozen " and the "floor" will not lift until November 15th as the required support funding is not ready.

Managing Director Karachi Stock Exchange (KSE), Adnan Khan Afridi has said that the lower cap on the benchmark KSE-100 Index should be kept intact till the equities market support funds are released.Speaking at a press conference after a meeting with the Prime Minister’s Adviser on Finance, Shaukat Tareen here on Sunday Adnan Khan Afridi said the prices floor will continue to be placed at KSE till there is stability in the share market… The News

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