8,878
September 2, 2009
News : The board of directors of Karachi Stock Exchange (KSE) is likely to finalise on Thursday arrangement for the launch of a leverage product at the exchange. An informal meeting of KSE board is scheduled to be held here on Thursday, where both concept papers of margin financing and CFS would be discussed, sources said…the board is also considering enhancing circuit breakers from existing 5 percent upper and lower locks on share prices to a certain level, sources added. It is learnt that a new idea to introduce ‘Market Halt’ to close the market at certain level in any circumstances would also be discussed at the board meeting…. Business Recorder
Market Low : 8,769.24 High : 8,939.75
Market Close : 8,878.64 — 109.40 points up
