KARACHI: The Karachi Stock Exchange has introduced speculative trading on the local equity market apparently in a move to bring back investors in a market suffering from low trading volume.
The speculative trading or short selling would be limited to ready market and only for the securities listed on the KSE-30 Index.
Short selling has remained prohibited across the board on KSE for last many years.
The board of directors of Karachi Stock Exchange (KSE) has approved the securities listed on the KSE 30-Index as eligible for short selling in the ready market effective from Jan 4, 2010.
According to KSE announcement here on Monday, the eligible securities include Arif Habib Ltd, Adamjee Insurance, Azgard Nine, Attock Petroleum, Attock Refinery, Bank Al-Habib, Bank Alfalah, DG Khan Cement, Engro Chemical, FFBL, FFC, HBL, HUBCO, ICI Pakistan, Jahangir Siddiqui Co, Kot Addu Power Company, Lucky Cement, MCB Bank, NBP, Nishat Mills, National Refinery, OGDC, Pakistan Reinsurance, Packages Ltd, POL, PPL, PSO, PTCL, Shell Pakistan and UBL.
No comments:
Post a Comment