KSE bans short-selling 1168 1229 PakRealEstateTimes.Com

Thread Rating:

0 Vote(s) - 0 Average
1
2
3
4
5

Threaded Mode | Linear Mode

KSE bans short-selling

09-24-2008, 07:28 AM

Post: #1

Naveed Yaseen
Unregistered

KSE bans short-selling

KARACHI: Board of Directors of Karachi Stock Exchange (KSE) has prohibited blank-selling and short-selling in market with effect from Wednesday, Sep 24, for one-month period.

According to a KSE notification, the front-line market regulator i.e. KSE has prohibited blank-selling in Deliverable Futures Contract for October 2008 and short-selling in Ready Market through a resolution by circular dated Sep 19.

The Exchange has also received No Objection Certificate (NOC) from Securities and Exchange Commission of Pakistan (SECP) to the above decision take by KSE Board.

Notification added that these temporary changes would be reviewed by Exchange one week prior to start of Nov 2008 Deliverable Futures Contract.

http://www.thenews.com.pk/daily_detail.asp?id=137546

« Next Oldest | Next Newest »

Possibly Related Threads...
Thread:		Author	Replies:	Views:	Last Post
	Lahore High Court bars DHA from selling former COAS’ property	Salman	0	6,298	12-11-2013 06:09 PM Last Post: Salman
	‘Poor’ CDA selling plots to generate funds	Salman	0	4,234	07-27-2012 11:40 AM Last Post: Salman
	Punjab Govt bans new graveyards near river	Salman	0	4,300	04-09-2012 12:05 PM Last Post: Salman
	Emaar selling new villas in Arabian Ranches	Salman	0	4,218	03-07-2012 01:06 PM Last Post: Salman
	Islamabad Property News :CDA continues plots selling spree to run affairs,	Salman	0	4,310	12-20-2011 01:23 PM Last Post: Salman
	Selling shrine land: Civic authorities admit illegality	Lahore_Real_Estate	0	4,080	10-29-2011 03:39 PM Last Post: Lahore_Real_Estate
	Selling ‘Brand Asia’	Lahore_Real_Estate	0	3,595	08-03-2011 11:51 AM Last Post: Lahore_Real_Estate
	KPT responds to charges of selling land for peanuts	Lahore_Real_Estate	0	3,778	07-04-2011 05:30 PM Last Post: Lahore_Real_Estate
	Selling gold mining licence for $100 ridiculous joke: CJ	Lahore_Real_Estate	0	3,706	04-08-2011 12:55 PM Last Post: Lahore_Real_Estate
	Toronto park bans kite flying	Lahore_Real_Estate	0	3,446	09-02-2010 03:00 PM Last Post: Lahore_Real_Estate
	UK bans anti-terror advert	Lahore_Real_Estate	0	3,356	08-12-2010 11:46 AM Last Post: Lahore_Real_Estate
	SC bans entry of police in polling station	Lahore_Real_Estate	0	3,461	08-05-2010 01:14 PM Last Post: Lahore_Real_Estate
	Time is Too Short (Nazir Naji)	LRE	0	3,795	06-22-2010 07:42 PM Last Post: LRE
	Short-term measures to reduce load-shedding (by Dr Ashfaq Hassan Khan)	Naveed Yaseen	0	4,284	04-29-2010 11:25 AM Last Post: Naveed Yaseen
	UAE Financial Crisis Force Property Selling	LRE	0	4,417	12-02-2009 12:10 AM Last Post: LRE
	Lahore High Court restrains govt from leasing or selling land to foreigners	Naveed Yaseen	0	3,610	10-14-2009 08:50 AM Last Post: Naveed Yaseen
	Highly questionable farmland deals selling 7 million acres farmland to foreigners	Naveed Yaseen	0	3,589	09-10-2009 07:39 AM Last Post: Naveed Yaseen
	Pakistani short-listed for ‘CEO of the year’ award	Naveed Yaseen	0	3,010	09-01-2009 07:22 AM Last Post: Naveed Yaseen
	Islamabad: CDA bans advertisement on capital roads	Naveed Yaseen	0	2,670	07-08-2009 08:17 AM Last Post: Naveed Yaseen
	Lahore: LDA bans dealings in Johar Town's 1061 plots with missing files	Naveed Yaseen	0	3,922	07-07-2009 05:52 AM Last Post: Naveed Yaseen

User(s) browsing this thread: 1 Guest(s)