regulators seem determined to beef up efficacy of the
already laid regulations with regard to risk management and
cut the market manipulators to size and that could lead to
trim the activities to a modest level unlike huge turnovers
witnessed in recent past.
Keeping in view the strong fundamentals on economic as well
as corporate sector front, the market has all reason to
behave stable in the next fiscal year. The deadlock between
the SECP and KSE has been over now which large arose with
regard to futures trade.
In a last week meeting between KSE management and SECP a
number of decisions were taken to boost stock market morale.
The position limit in future trading
enhanced from one percent to three percent in each scrip by
each member based on free float. The 3 percent maybe
enhanced to five percent on the implementation of pre-trade
verification at the KSE by July 2005.