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Badla investment and rates decline: SECP suspends COT phase-out RECORDER REPORTKARACHI (July 11 2005): The Securities (Business Recorder)
KARACHI (July 11 2005): The Securities and Exchange Commission of Pakistan (SECP) has accepted the plea of stock exchanges to suspend the phase-out of Carryover Transaction (COT) at the present level of Rs 12 billion, according to an SECP announcement.
Stocks in future trade to be available for COT By Farhan Sharif (Daily Times)
KARACHI: The board of directors of the Karachi Stock Exchange (KSE) has resolved in a meeting that carryover trade (COT) in all 27 stocks currently quoted on future counter will be available subsequently to COT trading, according to a notice issued for the members by the KSE on Thursday.
Karachi calling: scrapped badla, need help (Express India)
Indo-Pakistan business engagement is not all about gas and pipelines. Pakistan's stock market-in turmoil over the phasing out of the badla system (carry-over trade)-recently sought advice from India's market regulator Securities and Exchange Board of India (Sebi).
Saudi Pak offers Rs150m margin financing By Farhan Sharif (Daily Times)
KARACHI: The Saudi Pak Commercial Bank has provided Rs 150 million worth of margin financing to three brokerage houses, which has pushed the total amount provided for margin financing to Rs 1.15 billion, which is still Rs 10.8 billion less compared to the target of Rs 12 billion worth of badla replacement, according to the sources at the Saudi Pak Commercial Bank and the Karachi Stock Exchange
Bearish spell persists despite buying in second-tier stocks (Daily Times)
KARACHI: The Karachi stock market remained under pressure on Thursday, as declining trend in the heavyweight stocks prevented positive movement in the second-tier stocks from helping the index rise.
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ADVERTISE EDITORIAL BOARD CONTACT US Karachi Stock Exchange Thursday witnesses 'record Low' Pakistan Times Business & Commerce Desk...
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New Course From The American College Focuses On Financial Decisions At Retirement
The American College announced the rollout of the final course in the Chartered Advisor in Senior Living™ (CASL™) designation curriculum. All five College-level courses in this advanced educational program are now available. The CASL program provides professional financial advisors with a broader understanding of the financial needs, issues and decisions facing today’s seniors. [PRWEB Aug 8, 2005]
Mutual Fund Shareholders Receive 5,112 In College Tuition Credits
Monetta Mutual Funds offers parents and children an opportunity to earn tuition credits of up to ,600 that can be used at 172 colleges nationwide. Tuition credits are part of Monetta's college savings plan that combines savings, learning and fun with an incentive-based investment program and a financial literacy component. [PRWEB Aug 8, 2005]
Houston Investment Banker Challenges "Myth" of Everlasting Saudi Oil
EVWorld.Com interviews investment banker Matthew Simmons on his new book about the perilous condition of Saudi Arabia's giant oil fields. [PRWEB Aug 8, 2005]
Veteran Pizza Driver Reveals Insider Secrets for Making Up To Per Hour
Former pizza driver's book reveals secrets for making excellent money as a delivery driver. Based on personal experience and interviews with drivers across the country, his soup-to-nuts manual is chock-full of useful information. Pizzeria owners, too, can learn how their pizzeria rates from the driver's point of view. [PRWEB Aug 8, 2005]
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They are a trusted and well-established loans provider in the UK, delivering cost effective and user-friendly loan solutions to their customers. They are lenders of secured loans for homeowners that can be used for any purpose. [PRWEB Aug 7, 2005]
New Credit and Bankruptcy Laws are Great Business for Credit Card Companies but Not Good for Consumers
The new credit and bankruptcy laws will have a dramatic affect on the lives of consumers that are on the edge of financial disaster due to debt. The bankruptcy law will make some families that feel they need to file bankruptcy almost impossible, and will also offer little protection to those that do qualify. [PRWEB Aug 6, 2005]
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