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Friday, October 10, 2008
The situation at Karachi share market remained uncertain on Thursday and a limited buying in last moments supported the KSE-100 index to close positive at 9,181.35 points with a nominal gain of 2.62 points. Interestingly no trading activity was witnessed in the KSE-100 index companies till 02:00pm and the bench-mark stood at unchanged level. The overall market capitalization increased by one billion rupees to stand at Rs 2.845 trillion. The buying activity witnessed at the share market as Advisor to the Prime Minister on Finance gave positive comments over state of economy. On the other hand, SBP injected funds in foreign exchange and rupee to calm the system and also reduced CRR by 200bps in 2 phases. 
 
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