Question:

What is term Limit orders in use?

by Guest7934  |  12 years, 9 month(s) ago

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I need to know the term Limit orders in KSE, is it used to limit the shares sold in Karachi stock exchange.

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  1. Guest7416
    If you place a limit order you are simply asking your stockbroker to buy or sell shares at a price that matches or betters the level you specify. You might, for example, have noticed that shares in XYZ Plc have fallen to Rs.3.5 in the past few days and you think they are worth buying at Rs.3.5. You could, therefore, ask your broker to buy the company’s shares if they fall below this level.

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