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Sunday, October 26, 2008

Proposal: Shares KSE to be sold to Singapore, Dubai


KARACHI: A senior official of KSE has proposed to sell out shares of Karachi Stock Exchange to Singapore and Dubai to prevent floor from crisis.

Meanwhile, Dubai, Singapore, and New Zealand have shown their interests in buying KSE shares while Chairman Securities said that the hegemony of some of the high-class figures working with government would keep demolishing small investors.

His statement came after the MQM chief Altaf Hussain urged Sunday to open trade in KSE however brokers and dealers failed to accomplish dialogues to open trade here.

He added that KSE might remain frozen for several weeks.





NEWS BY GEO.TV