November 20, 2008
New govt to decide over CGT on stock trading: FBR Chairman
KARACHI: No decision is being made for the time being regarding imposition of Capital Gains Tax (CGT) on stock market and the new government will take a final decision in this connection.
Goldman Sachs Declines to Be Specialist
Goldman Sachs Group Inc. declined to take part in the process used to choose the New York Stock Exchange "specialist" firm that will handle the Big Board's own stock, a spokesman for the investment bank said Friday.
The Dow Jones industrial average (Charts) straddled the breakeven point in the final minutes after tumbling by as much as 220 points earlier in the session.
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