| GEO Business|
| CFS financing average interest rate drops down to 39pc|
| Updated at: 1512 PST, Saturday, December 13, 2008|
KARACHI: Karachi Stock Exchange (KSE) CFS financing average interest rate this week declining by 50 percent pegged at 39 percent.
KSE released figures said that KSE CFS financing this week declining by 0.60 percent amounted to Rs11 billion, while the average interest rate came reeling down by 50 percent to 39 percent. CFS financing interest rate this week on NIB shares stood at 100 percent, while among the other prominent companies in the financing included JSCL, OGDCL, National Bank. Arif Habib Securities and Pakistan Oil Fields.