Human error adds 84 points to fall

Human error caused a technical fault in trading software (KATS) at KSE following Arif Habib Securities bonus announcement. The fault contributed 84.11 points to the total decline of 275.21 points in 100-Index on Monday, The news learnt.

KSE press statement added that Arif Habib Securities Limited (AHSL), a component of KSE-100 Index had announced a 122.22 per cent bonus at the time of sending their financial results for the quarter ended September 30, 2006. The book closure for determination of the entitlement of this bonus issue was notified from November 20 to November 26, 2006.