PSX witnesses historic single-day gain of around 6%, expands by 2,446 points
Bullish trend dominated at the 100-index of the Pakistan Stock Exchange (PSX), as it witnessed historic single-day gain of 2,446 points on Monday, a positive change of 5.90 per cent, closing at 43,899.01 points against 41,452.69 points the previous trading day. Following the agreement with the International Monetary Fund (IMF), a total of 381,904,794 shares…
Adil Aziz
Stock Exchange gains 31 points
The 100-index of the Pakistan Stock Exchange (PSX) gained 31.81 points on Tuesday(June 20), a slight positive change of 0.08 per cent, closing at 40,653.03 points against 40,621.22 points the previous day. A total of 124,856,236 shares were traded during the day as compared to 179,780,375 shares the previous day, whereas the price of shares…
Senate body recommends rationalizing Super tax, advance tax for non-filer
The Senate Standing Committee on Finance and Revenue recommended to reducing super tax besides rationalizing advance tax for non-filer. The committee met here under the chairmanship of Senator Saleem Mandviwalla discussed and approved several tax proposals under Finance Bill 2023. The body proposed to reduce the super tax to 7 percent from 10 percent on…
PSX stays bullish, gains 255 points
The 100-index of the Pakistan Stock Exchange (PSX) continued with bullish trend, gaining 255.52 points, a positive change of 0.61 per cent, closing at 41,923.46 points against 41,667.94 points the previous day. A total of 240,829,334 shares were traded during the day as compared to 145,177,892 shares the previous day, whereas the price of shares…
A joint delegation of PSX, MFA calls on Ishaq Dar
A joint delegation of Pakistan Stock Exchange (PSX) and Mutual Funds Association (MFA) of Pakistan called on the Federal Finance Minister Mohammad Ishaq Dar. The PSX was represented by its MD/CEO Farrukh Hussain and Chief Financial Officer Ahmed Ali whereas Mir Adil and Arif Qadri represented Mutual Funds. During the meeting, representatives of MFA highlighted…
SECP Chairman unveils commemorative stamp to mark Silver Jubilee of CDC Pakistan
To mark the Silver Jubilee celebrations of Central Depository Company of Pakistan Limited (CDC), Pakistan Post has issued a commemorative postage stamp. SECP Chairman Akif Saeed officiated the event and unveiled the stamp. Akif Saeed lauded CDC’s efforts and perseverance throughout the years and said that “CDC has served as the pride of Pakistan’s capital…
PSX Adopts & Implements the New Trading & Surveillance System
PSX has officially launched the new trading & surveillance system in line with its objective to upgrade and enhance its technological capacity and functionality. It is a state-of-the-art, safe and highly advanced securities trading and surveillance system. The new trading & surveillance system is not only safe and reliable but is also a high-performance, high…
SECP Introduces Regulatory Framework for ‘Online Only’ Brokers
The Securities and Exchange Commission of Pakistan (SECP) has approved the regulatory framework for online only brokers through amendments to the Pakistan Stock Exchange (PSX) Rulebook, paving the way for the launch of Online Only Brokers in Pakistan. Cognizant of growing demand for online investing platforms, the SECP is committed to promoting innovation in the…
PSX witnesses bullish trend, gains 508.48 points
The 100-index of the Pakistan Stock Exchange (PSX) witnessed a bullish trend on Thursday (April 20), gaining 508.48 points, with a positive change of 1.26 per cent, closing at 41,007.82 against 40,499.34 points on the previous day. A total of 173,790,631 shares were traded during the day as compared to 84,164,030 shares the previous day,…
PSX gains 62 points
The 100-index of the Pakistan Stock Exchange (PSX) gained 62.98 points, a positive change of 0.15 per cent, closing at 41,856.85 points against 41,793.87 points the previous day. A total of 289,274,485 shares were traded during the day as compared to 272,742,393 shares the previous day, whereas the price of shares stood at Rs 10.268…