Friday, November 28, 2008

CCP decides to issue show cause notice to KSE

KARACHI: The Competition Commission of Pakistan (CCP) has decided to issue a show cause notice to Karachi Stocks Market over imposing a price floor. Speaking to Geo News here on Friday, CCP Chairman Khalid Mirza said KSE’s decision to impose a floor in the market is unjustified. “One section of the investors was adversely affected over floor , he said, adding that Stock Market would be asked to clarify its position in this regard.

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