Not only did the countryÆs largest private bank attract $700 million worth of demand for its $150 million GDR issue, but the information provided during its four weeks of premarketing and roadshows also prompted a wave of buying into its Karachi-listed shares, which subsequently spilled over into other Pakistani banks.
According to official data, September saw $80 million of foreign cash flowing into the stock market - the highest monthly inflow ever û and 90% of that supposedly went into the banking...
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