KSE-100 index gains 399 points on renewed buying

KSE-100 index gains 399 points on renewed buying
KSE 100 Index Updates KARACHI: Pakistan Stock Exchange (PSX) headed towards recovery courses on Tuesday after the devastating session of Monday, as the benchmark KSE-100 index gained 399 points. The index jumped 0.84 percent to touch 48,071 points by the end of the session. The benchmark touched the day’s high at 48,513 points with first 30 minutes of trading, however it failed... Read More

Pakistan included in MSCI index after 9 years

Pakistan included in MSCI index after 9 years
KARACHI: Morgan Stanley Capital International (MSCI) has upgraded the status of Pakistan Stock Exchange (PSX) from Frontier Market to Emerging Market. MSCI Inc. is an American provider of equity, fixed income, hedge fund stock market indexes, and equity portfolio analysis tools. According to a notification, the MSCI Pakistan Indexes will fully converge with the MSCI Provisional Pakistan Indexes, effective June... Read More

SECP, SBP join hands to introduce e-IPO and e-dividend concept for capital market

SECP, SBP join hands to introduce e-IPO and e-dividend concept for capital market
ISLAMABAD: In order to facilitate the public by providing efficient, easy and hassle-free mechanism to apply for subscription of securities of companies offered for sale through initial public offerings (IPOs), Central Depository Company (CDC) with active support of 1Link (Guarantee) Limited and under the guidance of the Securities and Exchange Commission of Pakistan (SECP) and State Bank of Pakistan (SBP) ... Read More

KSE-100 index hits record 51,000 points

KSE-100 index hits record 51,000 points
KSE-100 Index News KARACHI: Pakistan Stock Exchange (PSX) crossed another milestone on Tuesday as the investors remained active in blue chip scrip on anticipation of smart economic growth and country’s stable rating, Business92 reported. The benchmark KSE-100 index crossed the psychological barrier of 51,000 points peaking to highest level ever during intraday trade. The market touched a high of 51,488... Read More

Detained Stock market guru identified as Mir Muhammad Ali

Detained Stock market guru identified as Mir Muhammad Ali
Stock Market Guru Mir Muhammad Ali News ISLAMABAD: A day after Securities and Exchange Commission of Pakistan (SECP) caught a “self-styled stock market guru”, Chairman Zafar Hijazi has said that Mir Muhammad Ali Khan has been encouraging his followers through Facebook by giving self-serving investment tips. Addressing a press conference at the SECP head office on Tuesday, Hijazi shared the... Read More
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