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They were probably waiting for foreign funds to start coming in or state funds to start buying, said Elixir Securities analyst, Nazim Abdul Muttalib.
... Commission of Pakistan (SECP) chairmans visit to the exchange failed to generate any substantial excitement, said Elixir Securities dealer Nazim Abdul Muttalib.
Increased fear of flood related devastation and impact on the national economy led investors to sell, according to Nazim Abdul Muttalib of Elixir Securities.
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