Monthly Archives: September 2005

Investment under CFS stands capped



Total investment under the Continuous Funding System (CFS) on the Karachi Stock Exchange throughout the previous week stood unchanged at the cap level of Rs25 billion, demonstrating that the financing limit of Rs25 billion is small keeping in view the increasing demand. Analysts said that an idea of more funding may well be had from the fact that the CFS worth about Rs2 billion was billed as outstanding bids. Howev [...]
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UAMC renamed as UBL Fund Managers Limited


The United Asset Management Company Limited (UAMC) has been renamed as UBL Fund Managers Limited (UBLFM). The UBLFM is a wholly-owned subsidiary of the United Bank Limited (UBL), which is Pakistan’s second largest private commercial bank. The UBL was the pioneer in initiating asset management services in the banking sector with the launch of UAMC in 2002 and has thus become a trend-setter. The UBL Fund Manage [...]
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Investment under CFS stands capped


Total investment under the Continuous Funding System (CFS) on the Karachi Stock Exchange throughout the previous week stood unchanged at the cap level of Rs25 billion, demonstrating that the financing limit of Rs25 billion is small keeping in view the increasing demand. Analysts said that an idea of more funding may well be had from the fact that the CFS worth about Rs2 billion was billed as outstanding bids. Howev [...]
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More financing modes available at bourses



Investors at capital market after reaching the limit under Continuous Funding System (CFS) have more avenues to finance shares to purchase, like in-house badla, futures options and other derivatives, soon to be formulated. After being effective from August 22, 2005, the CFS in 14 scrips has reached its upper limit of Rs 25 billion. The response of the market to the announcements made after the meeting of brokers, S [...]
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More financing modes available at bourses


Investors at capital market after reaching the limit under Continuous Funding System (CFS) have more avenues to finance shares to purchase, like in-house badla, futures options and other derivatives, soon to be formulated. After being effective from August 22, 2005, the CFS in 14 scrips has reached its upper limit of Rs 25 billion. The response of the market to the announcements made after the meeting of brokers, S [...]
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Pre-Trade Verification System at the Stock Exchanges



The pre-trade verification system would be put into place from Monday (Sept 12) at the stock exchanges. That was one of the nine points on which market players and the corporate regulator had inked an agreement in the presence of Prime Minister Shaukat Aziz on August 19. The system is universally believed to be a step that would strengthen risk management measures, which would eventually contribute to improving the [...]
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