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Karachi Stock Exchange to route 25 more companies through National Clearing and Settlement System.
Byline: RECORDER REPORT
KARACHI : The Karachi Stock Exchange (KSE) has decided that from next week 25 more companies will be routed through the National Clearing and Settlement System (NCSS).
The KSE management is working hard in collaboration with Central Depository Company to make all the listed companies eligible securities for the NCSS by June this year.
The settlement of these companies will take place between all the three stock exchanges, at Karachi, Lahore and Islamabad.
Seven companies have already been declared as eligible securities for settlement through NCSS, including 25th ICP Mutual Fund, 22nd ICP Mutual Fund, First Habib …
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