- MUFAP Chairman and CEO at Arif Habib Investment Nasim Beg: "Equity Fund Managers disinvested only 10 per cent of their total size of investment at the equity markets, while Arif Habib Investment did 30 per cent before the crises commenced at stocks markets."
- Muddassar M Malik CEO at BMA Asset Management Company said: "Equity funds will continue to face difficulties given the current situation with regards to the KSE.
- CEO at Crosby Amer Maqbool said the mutual fund managers have to do a lot of work for attracting investors towards them and to win their confidence in mutual funds.
- Research Supervision, Strategy Mohammed Sohail at JS GlobalCapital Limited believe, if Rs30-40bn (US$400-500mn approx) is injected, market may stabilize close to 9,000 points level.
- Reports of Elixir (of dawood group) and IGI laying off many of their employees.
- KASB and JS have given bonuses to their employees.
- AKD refrained to participate in Annual ZAKAT collection.
- Pervez Ahmed securities suffered losses as high as 6 to 8 billion rupees.
Also in this special edition check out the brokers who left with no other option but to close there branches.
| 30-Sep-08 | Hum Securities Limited | D.H.A - |
| 11-Sep-08 | Alfalah Securities (Private) Limited | |
| 22-Aug-08 | Time Securities (Private) Limited | Fatima Jinnah Colony - |
| 12-Aug-08 | Intermarket Securities (Private) Limited | |
| 5-Aug-08 | First National Equities Limited | |
| 25-Jul-08 | Bhayani Securities (Private) Limited | D.H.A - |
| 21-Jul-08 | United Capital Securities (Private) Limited | |
Happy Investing !!
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