President urges State’s pillars, business community to jointly resolve economic issues
President Dr Arif Alvi said parliament, judiciary, executive and business community need to work in tandem to resolve the economic issues. Talking to the Presidents of Chambers of Commerce and Industry from across the country, the president called for identify the economic issues faced by the nation and resolving them to bring about political, economic and…
Adil Aziz
PSX Signs Agreement with Karandaaz at a Gong Ceremony
In a landmark development for the capital market, Pakistan Stock Exchange (PSX) signed an Agreement with Karandaaz whereby Technical Assistance (TA) grants would be given to prospective companies to be listed on the GEM Board. The Agreement was signed by Mr. Farrukh H Khan, MD & CEO PSX, and Mr. Waqas ul Hasan, CEO Karandaaz…
PSX witnesses bearish trend, loses 1,378 points
The 100-index of the Pakistan Stock Exchange (PSX) witnessed a bearish trend losing 1,378.54 points, a negative change of 3.47 percent, closing at 38,342.21 against 39,720.75 points the previous day. A total of 205,906,982 shares were traded during the day as compared to 105,542,468 shares the previous day, whereas the price of shares stood at…
PSX turns around to bullish trend, gains 296 points
The 100-index of the Pakistan Stock Exchange (PSX) turned around to a bullish trend on Tuesday, gaining 296.75 points, a positive change of 0.73 percent, closing at 40,801.51 against 40,504.76 points the previous day. A total of 214,346,791 shares were traded during the day as compared to 163,939,925 shares the previous day, whereas the price…
PSX becomes signatory of women’s empowerment principles
In a positive move forward signifying Pakistan Stock Exchange’s (PSX) efforts to promote increased women participation, gender equality and adopting gender-responsive policies, PSX has become a signatory of Women’s Empowerment Principles (WEPs). According to PSX press release received here, WEPs, the founding partners of which are UN Women and UN Global Compact, are a set…
PSX hosts Gong Ceremony to Mark the Acquisition of Cloudways by DigitalOcean
Pakistan Stock Exchange (PSX) welcomed the Rt. Hon. Lord Aamer Sarfraz of Kensington who is a Senior Advisor to several NYSE listed technological firms including DigitalOcean Holdings Inc., Mr. Yancey Spruill CEO DigitalOcean and Mr. Aaqib Gadit who is the Founder of Cloudways with a Gong Ceremony to celebrate acquisition of Cloudways by DigitalOcean Holdings…
Chairman SECP for continuous engagement with market participants
SECP team visits PSX The Chairman, Securities & Exchange Commission of Pakistan (SECP) Akif Saeed, during his visit to Karachi, met with the management and Board of Directors of Pakistan Stock Exchange (PSX), National Clearing Company of Pakistan Limited (NCCPL) as well as the Executive Committee of Pakistan Stock Brokers Association (PSBA) representing brokerage industry….
PSX witnesses bullish trend, gains 395 points
The 100-index of the Pakistan Stock Exchange (PSX) witnessed bullish trend gaining 395.45 points, with a positive change of 0.98 percent, closing at 40,815.90 against 40,420.45 points on the previous day. A total of 242,173,251 shares were traded during the day as compared to 284,512,885 shares the previous day, whereas the price of shares stood at…
Zero chance of Pakistan’s default; assures Dar
Federal Finance and Revenue Minister Senator Muhammad Ishaq Dar while rejecting the rumors about Pakistan’s going to default assured that Pakistan has resilience and will survive all challenges. Pakistan has a very beautiful future. However, he stressed on joint and targeted efforts by the public and private sectors to come out of this pressing economic situation….
PSX loses over 600 points in early trading session
The Pakistan Stock Exchange (PSE) witnessed a considerable drop in the early trading session on Thursday as the KSE-100 Index lost more than 600 points, or 1.1 per cent, in quick manner around 11:10 am. Market experts are attributing the plunge to delays in the completion of the International Monetary Fund’s (IMF) s ninth review and…