Here's the timeline. June 25 a ban on short selling is instituted. You can see the pop on the chart below. What happened after the pop? Further precipitous declines. Ahh Ooops!
How come it flatlines around August 25? Because a new rule was instituted that said the Karachi 100 Index couldn't trade below 9144. Let's see what happens when that false limit is eventually lifted.
No comments:
Post a Comment