Monday, 21 May 2012

Mutual Fund industry sells $6.017 mln worth of shares | HALALTAMWEEL.COM

KARACHI: According to National Clearing Company of Pakistan (NCCPL) data, Pakistan’s Mutual Fund industry was the net sellers of $6.017 million or Rs 541.577 million worth of shares during the week ended on May 18, 2012. Mutual funds were the net sellers of $7.621 million or Rs 685.960 million worth of shares during the week ended on May 11, 2012.

Trading activities of Mutual Funds from May 14, 2012 till May 18, 2012 showed that they were gross sellers of Rs 2,338.850 million worth of shares while gross buyers of Rs 1,797.273 million worth of shares. Hence, they ended as net sellers in the market.

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