Jan 28, 2013 (LBT) - JP Morgan Franklin Templeton Investment Funds is estimated to have invested Rs. 1 billion in buying into private sector industry giant, Commercial Bank shares by last week.
Last week, Commercial Bank reached nearly 15 million of its shares or 2% stake traded for Rs. 1.5 billion. On Tuesday Franklin Templeton bought Commercial Bank shares that worth more than Rs. 400 million whilst Wednesday it collected a further Rs. 381 million shares.