KSE, SECP special meeting today
Karachi Stock Exchange Board of Directors, Exchange Commission of Pakistan (SECP) and the members will meet this afternoon to decide final date to liquefy the market in November.
There is scarce possibility of opening the market on Oct 27 after the government institutions refuse to provide Rs20 billion market support fund to Karachi Stock Exchange.
The two market regulators i.e. SECP and Karachi Stock Exchange (KSE) and the members after talks decided to unfreeze the market after getting expected bailout from IMF in November.
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