[lbo-talk] Pakistani share dealers left in limbo as economy sinks

uvj at vsnl.com uvj at vsnl.com
Sat Oct 11 06:17:06 PDT 2008


Pakistani share dealers left in limbo as economy sinks http://www.reuters.com/article/reutersEdge/idUSTRE4972EM20081008?sp=true

Wed Oct 8, 2008

By Sahar Ahmed and Aftab Borka

KARACHI (Reuters) - While Pakistan's economy tanks and its rupee strikes record lows, share dealers on the Karachi Stock Exchange have been reduced to watching television, playing video games and thinking about new careers.

Trading has dried up since the KSE board imposed an artificial floor on the 100-share benchmark index in August to stop a collapse in share prices that could have sent some investment firms to the wall. http://www.reuters.com/article/reutersEdge/idUSTRE4972EM20081008?sp=true



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