KSE floor removal from tomorrow

Securities and Exchange Commission of Pakistan (SECP) announced to lift the floor mechanism on KSE from 15th December.

8 Comments so far

  1. d0ct0r on December 14th, 2008 @ 11:25 am

    Without any support fund (that they were expecting from taxpayers money) i hope brokers and investors won’t be weeping tomorrow..

    Pairon Talay Zameen Nikal Gai

  2. Tariq Khanani (tariqkhanani) on December 14th, 2008 @ 3:52 pm

    its being delayed for one more day by sindh highcourt

  3. Shamsi (shamsi) on December 14th, 2008 @ 4:19 pm

    atleast ‘3’ (THREE) Banks will go down upon by 31 Dec 2008 after opening of KSE, Allah Save US.

    Besides the fact that India is trying to VENTURE SOME ADVENTURE TESTED Alertness on at 1945 HRS 13 12 2008 at Eastern Borders & OUR GOVT says, media shall not hype it… Ironic.

  4. ڈفرستان کا ڈفر (duffer) on December 14th, 2008 @ 6:46 pm

    shamsi sahab
    Allah save US
    Allah save us?

  5. qnomans2k on December 15th, 2008 @ 1:38 am

    Mr. Shamsi …. Stock index has nothing to do with bank’s bankruptcy. Rumors have been there since past 4-5 months but not even a single bank died. Thanks we don;t have the same credit culture as the west has.
    Btw if you know the exact numbers can you list the names ?

  6. seskey on December 15th, 2008 @ 12:04 pm

    hahah stock exchange members are having 5-5 (read in urdu panch panch) Topis… They are 1. Members 2. Brokers 3. Bankers 4. Industrialist 5. Investors – Imagine the magnitude of collapse when it opens, shamsi may be right about bank going haywire, but am not sure he will / shall disclose the names to create panic or a ‘false alarm’

    with 5 topis to one head, who will suffer – The common man from street., and the banks who have reversly invested and would offload at doublespeed.

  7. Adnan Siddiqi (adnansiddiqi) on December 15th, 2008 @ 9:15 pm

    Things are not good in outer world

  8. Shamsi (shamsi) on December 15th, 2008 @ 10:21 pm

    @Duffer, US is US please explain what is the confusion or You are really Duffer ?

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