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Issue:

Book Reports

 

Written by:

Lisa R

 

Date added:

September 11, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 815

 

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7339 times

 

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In annual terms, the KSE-100 Index, thus, registered a YoY growth of 54 percent in FY04 which is quite extraordinary given that it had already seen a 92.2 percent rise in FY03. The impact of the extended market rally on the KSE market capitalization was augmented by the additional listings (particualrly of OGDC)...
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Specifically, market capitalization of the KSE rose by an impressive 49.5 percent, increasing its share in GDP to over 26 percent from 19.7 percent at the end of the preceding year.60 In fact, the new listed capital shows an addition of Rs 55.6 billion during FY04, which is far greater than Rs 13...
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