PSX Announces Recipients of the Top 25 Companies Awards 2022
Karachi: In an exciting development for the capital markets and the economy as a whole, Pakistan Stock Exchange announces the much awaited awardees list of the Top 25 Companies Awards…
Finance Minister launches “Centralized Gateway Platform” developed by CDC under the regulatory impetus by SECP
Karachi: As a unique initiative in Pakistan’s financial landscape, “The Centralized Gateway Portal” has been formally inaugurated by the Federal Minister for Finance—Dr. Shamshad Akhtar and Honorable Chairman SECP—Mr. Akif…
SECP Introduces Maximum Terms Limits for CEOs and Independent Directors of Capital Market Infrastructure Institutions
Islamabad: The Securities and Exchange Commission of Pakistan (SECP) has introduced maximum terms limits for the Chief Executive Officers and Independent Directors to serve in the Capital Market Infrastructure Institutions…
Dolmen City REIT’ announced 18.1% annualized dividend for FY23
Karachi: The Board of Directors of Dolmen City REIT (DCR) have declared and approved a final cash dividend of PKR 0.50 per unit, in their meeting held on Tuesday July…
Pakistan’s First International Conference on Islamic Capital Markets (ICM) successfully concluded
ISLAMABAD: Pakistan’s First International Conference on Islamic Capital Markets, organized jointly by the Securities and Exchange Commission of Pakistan (SECP) and the Accounting and Auditing Organization for Islamic Financial Institutions…
Tax on the undistributed profits of corporated likely in the upcoming budget
KARACHI: Revenue collection is the process of collecting money owed by individuals or businesses for various purposes, such as taxes, fees, fines, or services. Revenue collection is important for both…
FPCCI Advocates Enlistment of Tech Firms with PSX
Karachi (PR): Mr. Suleman Chawla, Acting President FPCCI, has advocated that Pakistan Stock Exchange (PSX) should facilitate and enable Pakistani IT, FinTech, Software Houses and other tech firms to enlist…
SECP Introduces Regulatory Framework for ‘Online Only’ Brokers
ISLAMABAD: 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…
Engro Corporation (PSX: ENGRO) announced its financial results for the quarter ended March 31, 2023
Engro Corporation (PSX: ENGRO) announced its financial results for the quarter ended March 31, 2023. Overview of Financial Performance: Engro Corporation’s standalone revenue for the first quarter was PKR 6.4…
Unity Foods appoints Nutshell Communications as Communications and Strategic Engagements Partner
ISLAMABAD: Unity Foods Limited, a leading food producer and supplier to the nation’s food security system, entered into a Communications and Strategic Engagements partnership with Nutshell Communications (Private) Limited. An…
4th Financial Crime Summit to be held this week
Karachi: The 4th Financial Crime Summit will be held this week on January 14, 2023 in Karachi, with the theme ‘Post-FATF Financial Crime Action Plan – Continuing the National Anti-Financial…
Climate Challenge Needs Coordinated Actions from key stakeholders – OICCI White Paper
Karachi: Overseas Investors Chamber of Commerce and Industry (OICCI), the collective body of over 200 foreign investors, launched a whitepaper titled, “Synergizing the Climate Ambition: A Blueprint for Achieving NDCs…
KE’s Future Outlook Remains Positive Despite Current Challenges
Despite macroeconomic and geopolitical challenges, KE is confident in serving its customers in a reliable and efficient way through a comprehensive, multi-pronged strategy. These comments were made by KE’s Chief…
PSX Marks World Investor Week 2022 with a Gong Ceremony
Karachi: Pakistan Stock Exchange (PSX) along with 78 other exchanges across the world marked the sixth World Investor Week (WIW) 2022 through a Gong Ceremony held at PSX Trading Hall.…
Innovative Fixed Income HBL Total Treasury ETF Launched at PSX
Karachi: A new and innovative Exchange Traded Fund has been launched at Pakistan Stock Exchange (PSX), namely the HBL Total Treasury Exchange Traded Fund. This ETF, seventh to be launched…
PSX Introduces “Property” as a New Sector Classification
Karachi: Pakistan Stock Exchange (PSX) has formally launched a new sector, “Property”, for non-REIT real estate related listed companies. This addition takes PSX closer to a better and improved reflection…
PSX Submits Budget Proposals to Address Economic Challenges and Ensure Sustainable Growth of the Capital Markets & Economy
Karachi: Pakistan Stock Exchange (PSX) has presented important proposals for the federal budget 2022-23 to address economic challenges, boost the national economy and grow the capital markets. Implementation of the…
Archroma Pakistan awarded among top 5 companies at PSX
Karachi: Archroma Pakistan Limited (PSX: ARPL), is among the Top 5 companies in the Top 25 Companies Awards for the Year 2020 of the Pakistan Stock Exchange. This is the…
Supernet set to raise 475 million through listing at PSX
KARACHI: Supernet Limited plans to raise Rs475 million through Initial Offering of its 18.81 per cent of post-offering share capital. The capital being raised by listing the firm on the…
PSX Holds Gong Ceremony to Mark the Launch of Fifth ETF
Karachi: Pakistan Stock Exchange (PSX) held a gong ceremony today to officially mark the launch of JS Momentum Factor Exchange Traded Fund (JSMFETF). This ETF which is the fifth ETF…