PSX crosses another milestone, reaches historic level of 84,910.30 points
Positive sentiments prevail over the 100-Index of the Pakistan Stock Exchange as it continued with bullish trend on Monday (Oct 07), gaining 1,378.34 more points, a positive change of 1.65 percent, reaching all time high level of 84,910.30 points against 83,531.96 points on the last trading day.
Adil Aziz
World Investor Week 2024 Marked at PSX with a Gong Ceremony
Pakistan Stock Exchange (PSX), under the aegis of World Federation of Exchanges (WFE), of which PSX is an Affiliate Exchange, in partnership with International Organization of Securities Commission (IOSCO), marked World Investor Week (WIW) 2024 through a gong ceremony held at PSX Trading Hall. The WIW with the theme of ‘Ring the Bell for Financial Literacy’ is being held from October 7 – 13, 2024. This is the fourth consecutive year that PSX is holding and organizing the World Investor Week.
Alert for the Investing Public: Beware of Online Trading Frauds
Pakistan Stock Exchange Limited alerts the investing public regarding the surge in fraudulent activities through different social media platforms. Some illegal social media groups and forums are using AI technology and conventional methods to entice the investing public to join in or fill in forms through WhatsApp groups, Facebook/ Meta and other social media channels.
Editor
BMMC received approval for GEM board listing from PSX
Burj Modaraba Management Company (BMMC) has received approval from the Pakistan Stock Exchange (PSX) for listing Burj Clean Energy Modaraba (BCEM) on the Growth Enterprise Market (GEM), Pakistan’s First Green Energy Fund.
Pakistan Stock Exchange: KSE-100 Index crosses 80,000 points
This bullish trend come on Friday (Sept 13) on PSX, where KSE-100 index reaches 80,016 points. Yesterday, PSX index has closes on 79,017 points.
Mehfooz
PSX transitions to One-Share Lot system
The Pakistan Stock Exchange (PSX) has successfully transitioned to a One-Share Lot system for investor transactions on the regular market, aligning with international best practices for stock market investments.
State Bank to closes for two days on the occasion of Ashura
The State Bank of Pakistan will remain closed on July 16th and 17th, 2024 (Tuesday & Wednesday) being public holidays on the occasion of Ashura (9th & 10th Moharram 1446 A.H).
PSX’s 100 index to crosses the 76,000 points
The 100-index of the Pakistan Stock Exchange continued with bullish trend, jumping 3,410.73 points, a positive change of 4.69 percent, reaching all time high at 76,208.16 points against 72,797.43 points the previous day.
PSX Holds Gong Ceremony on Listing of Fast Cables Ltd.
Pakistan Stock Exchange (PSX) held a gong ceremony to celebrate the listing of Fast Cables Limited (FCL). Fast Cables is a manufacturing company producing electrical cables and conductors in Pakistan. Fast Cables’ is the fifth listing via an IPO on Pakistan Stock Exchange in the fiscal year 2023-24.
PSX Presents Federal Budget 2024-25 Proposals for Economic Growth and Employment Generation in Pakistan
Pakistan Stock Exchange (PSX) has submitted a series of important tax proposals to the Ministry of Finance (MoF) and the Federal Board of Revenue (FBR) for consideration in the federal budget for the fiscal year 2024-25. The measures recommended are revenue positive and will encourage resource allocation towards productive and documented sectors of the economy. This is important for economic growth and employment generation in Pakistan.