KARACHI (December 27 2006): The Karachi Stock Exchange (KSE) has informed the members that the trading and settlement schedule of T+3 for remaining days of December 2006 has been revised to bring the same in line with T+3 system.
In a notice, issued here on Tuesday the KSE said that the settlement date of transactions of December 27 and 28, 2006 would be January 5, 2007; transactions of December 29, 2006 on January 8 while the transactions of January 04, 2007 would be on January 9, 2007. The KSE further said that no CFS Release and CFS market will be available on December 27, 2006.
Copyright Business Recorder, 2006