PSX stays bullish, gains of 366 points
Out of 338 companies, 197 recorded gain, 111 sustained losses and share price of 30 companies remained unchanged The 100-index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Tuesday, gaining 366.69 points, a positive change of 0.89 percent, closing at 41,518.23 against 41,151.54 points on the last working day. A total of…
Adil Aziz
PSX turns around, gains 540 points
The KSE 100-index of the Pakistan Stock Exchange (PSX) turned around on Tuesday, gaining 540.11points, a positive change of 1.26 percent, closing at 43,366.77 points against 42,826.66 points on the last working day. A total of 324,443,387 shares were traded during the day compared to the trade of 194,667,559 shares the previous day, whereas the…
Macro economic stability forthcoming with IMF programme resuming before end of August: Finance Minister
Federal Minister for Finance & Revenue, Dr. Miftah Ismail Tuesday clarified that, “Macro economic stability was forthcoming with the IMF programme resuming before end of August as all conditionalities had been met. Furthermore, the balance of payments position is now well under control. With increased hydel power, lower energy demand and lower oil prices, Pakistan…
PSX stays bullish by gaining 877 points
The KSE 100-index of the Pakistan Stock Exchange (PSX) continued with stayed bullish trend on Wednesday, gaining 877.26 points, a positive change of 2.18 percent, closing at 41,068.87 points against 40,191.61 points on the last working day. A total of 333,028,028 shares were traded during the day compared to the trade of 217,504,902 shares the…
Agreement to offer Shariah-compliant trading platform to RDA Clients signed
Pakistan Stock Exchange (PSX) and Meezan Bank Limted signed an agreement to provide a dedicated Shariah- compliant trading platform for Roshan Digital Account (RDA) clients. The agreement would facilitate investors who are focused on investing in Shariah approved securities, according to press statement received here from PSX. The Agreement was signed by the Managing Director…
PSX Joins SSE Initiative
Pakistan Stock Exchange (PSX) is proud to join the Sustainable Stock Exchanges (SSE) Initiative. The SSE Initiative is a partnership program under the auspices of the UN organised by United Nations Conference on Trade and Development (UNCTAD), the UN Global Compact, United Nations Environment Programme Finance Initiative (UNEP-FI) and the Principles for Responsible Investment (PRI)….
PSX turns around, gains 35 points to close at 42,898 points
The KSE 100-index of the Pakistan Stock Exchange (PSX) turned around on Thursday and witnessed bullish trend, gaining 35.29 points, with a slight positive change of 0.08 percent, closing at 42,898.44 points against 42,863.15 points on the last working day. A total of 284,503,575 shares were traded during the day compared to the trade of…
Supernet limited first IT Company enlisted on GEM board of PSX
Since its inception in 2020, Pakistan Stock Exchange’s (PSX) Growth Enterprise Market (GEM) Board is progressively gaining traction and now proudly lists the third growth enterprise on the Stock Exchange, Supernet Limited (SL). The GEM Board is a listing platform created to facilitate growth enterprises, whether small, medium or greenfield businesses, for their capital raising…
PSX submits budget proposals to ensure capital market growth, economic development
Implementation of the proposals will help to document the economy and increase tax revenues, while also helping to meet important social objectives: PSX The Pakistan Stock Exchange (PSX) has presented important proposals for the federal budget 2022-23 to address economic challenges, boost national economy and grow the capital markets. These proposals have been submitted to…
PSX Eases Eligibility Requirements for Investors of GEM Board Companies
Pakistan Stock Exchange (PSX), with the approval of the Securities and Exchange Commission of Pakistan, has significantly eased the requirements for eligibility of accredited individual investors investing in companies on the GEM Board. As per the new definition, accredited investors include those individual investors who have assets of atleast Rs 5 million which include but…