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Bilateral agreements expected after PM’s visit to Saudi Arabia are a positive trend. ISLAMABAD  (  Web News  ) President Federation of Pakistan Chambers of Commerce and Industry Atif Ikram Sheikh while reacting to the foreign historic investment in the stock exchange said that the investment of foreign investors in theRead More →

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In: Banking Sector
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Successful Completion of Initial Public Offering & Listing of BankIslami Ehad Sukuk II. LAHORE   (  Web  News  ) BankIslami is pleased to announce the successful completion of the Initial Public Offering (IPO) and the listing of BankIslami Ehad Sukuk II. This perpetual instrument, with an issue size of PKR 1.0Read More →

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Finance Ministry successfully completes important phase of reforms for development of domestic debt capital markets to make govt borrowing more competitive & transparent ISLAMABAD  (  Web  News  ) Ministry of Finance has successfully completed the first and important phase of reforms for development of domestic debt capital markets to makeRead More →

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Jubilee Life stands as the sole insurance company in Pakistan to bag the Top 25 Companies Award by PSX KARACHI  (  Web News  )  Mr. Farhan Faridi, Group Head, Retail Operations, Marketing and Administration at Jubilee Life Insurance receives the Top 25 Companies Award by Pakistan Stock Exchange from HonorableRead More →

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CCP Approves Merger, Paving the Way for UDL International Limited’s Listing on Pakistan Stock Exchange ISLAMABAD  ( Web News  ) The Competition Commission of Pakistan (CCP) has granted approval for the merger of a listed company, M/s. First UDL Modaraba, with a public unlisted company, M/s. UDL International Limited. TheRead More →

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PSE bounces over 2,446 points on the back of IMF deal Monday PSE witnesses the increase of 2,446 point in one day nearly after 15 months KARACHI ( Web News ) The Pakistan Stock Exchange (PSE) was witnessing a huge surge on Monday – the first working day after theRead More →

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Some people like to give dates that Pakistan will default on so & so date — they should be ashamed: Ishaq Dar Says Pakistan has trillions of dollars of assets Says if we have external debts of 100 billion, we also have assets Says govt after presenting budget will comeRead More →

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LAHORE ( Web News ) Experts call for investor education, removal of inter-corporate dividend tax and excessive regulations to develop capital markets in Pakistan. There is a dire need to simplify the regulatory framework, increase participation of retailer investors and encourage the formation of holding companies by removing inter- corporateRead More →

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 The benchmark KSE-100 recorded its highest return of 38% since FY14 in PKR terms and highest return of 47% since FY04 in USD term By Javed Mahmood ISLAMABAD In financial year 2020-21, Pakistan Stock Exchange 100-index has set a precedent of growth despite coronavirus and other challenges. There are manyRead More →

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In: Company News
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KARACHI ( Web News ) In the latest act of the tragedy that is Pakistan Engineering Company Limited (PECO), the Company Secretary informed the Pakistan Stock Exchange (PSX) that suppliers of the Company, having run out of options and patience, have filed a petition in the Lahore High Court, (petitionRead More →

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The technology and communication sector continued to remain in the limelight at the PSX on Thursday. — Reuters/File KARACHI ( Web News ) The Pakistan Stock Exchange (PSX) saw an all-time high daily trading volume for the second consecutive day on Thursday, with 2.21 billion shares traded in a singleRead More →

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ISLAMABAD ( Web  News) The KSE-100 index of the Pakistan Stock Exchange (PSX) Tuesday turned around and witnessed bullish trend, gaining 370.84 points, with positive change of 0.81 percent, closing at 45,964.27 points against 45,593.43 points on the last working day. A total 399,187,389 shares were traded during the dayRead More →