Karachi Stock Exchange Closing Rate of Equity Investment Instruments dated 31-10-2014

Company Name                       Turnover    Prv.Rate  Open Rate  Highest    Lowest Last Rate  Diff.

Equity Investment Instruments

BRR         B.R.R.Guardian XD        76500       5.25       5.30      5.30      5.20     5.21    -0.04

CSM         Cres. Stand.Mod XD       79000       2.08       2.18      2.18      2.00     2.05    -0.03

FANM        AL-Noor ModarXD          10000       5.56       5.71      5.80      5.71     5.80     0.24

FECM        Elite Cap.Mod XD          7000       4.12       4.20      4.20      3.40     4.17     0.05

FHAM        Habib Modaraba            6000       9.00       9.00      9.00      9.00     9.00     0.00

FNBM        Nat.Bank Mod.             5500       3.30       3.35      3.55      3.35     3.55     0.25

FPJM        Punjab ModarabaXD        15000       4.00       4.00      4.00      3.80     3.80    -0.20

FUDLM       U.D.L.ModarabaXD        133500      26.05      25.50     25.50     24.75    24.81    -1.24

GASF        Golden ArrowXD           70000       9.00       9.00      9.14      8.99     9.02     0.02

KASBM       KASB Mod                 20500       4.21       4.60      4.60      4.40     4.50     0.29

MODAM       Mod.Al-Mali              58000       2.15       2.00      2.40      2.00     2.25     0.10

PGF         PICIC Growth XD         195000      24.79      24.89     24.95     24.80    24.83     0.04

PIF         PICIC Inv.Fund XD       126500      11.54      11.60     11.65     11.40    11.50    -0.04

PMI         Prud Mod.1stXD           15000       1.96       2.00      2.00      1.95     1.95    -0.01

SCM         Stand.Char. ModXD       120000      23.50      22.75     23.99     22.75    23.25    -0.25

TSMF        Tri-Star Mutual           3000       5.00       4.90      5.29      4.90     5.05     0.05