SECP Reviews Stock Market Situation with SROs
Islamabad: The Securities and Exchange Commission of Pakistan’s (SECP) team lead by the Chairman SECP and Commissioner (SM) held a detailed meeting with the CEOs of Pakistan Stock Exchange, National…
Saudi stocks surge 6.10% in H1CY2019
RIYADH: The Saudi Stock Exchange benchmark Tadawul All Share Index (TASI) closed at 8,821.76 points during the first half of 2019 ended June 30, 2019, up 6.10% or 507.57 points…
Pakistan equities decline 3.5% amid economic uncertainty
KARACHI: Pakistan Stock Exchange (PSX) ended another stressful week (and an equally stressful financial year) in the red as benchmark KSE-100 index closed the week ended June 28, 2019 at…
At least stock market is happy with the PTI government’s first budget
KARACHI: The stock market has welcomed the federal budget 2019-20, as no additional taxes were imposed on the equity market, and traders believe the market would observe a positive momentum…
Pakistan equities gain 0.8 percent on hopes of government bailout
KARACHI: After four volatile trading sessions, Pakistan equities closed the week ended May 30, 2019 at 35,975 levels as the benchmark KSE-100 index gained 0.8 percent. During the week, average…
ECC approves Rs20 billion stocks’ support fund
ISLAMABAD: The government on Thursday approved Rs20 billion worth of funds to buy selected shares in a bid to bail out the sagging capital market, a move that was much-awaited…
Pakistan equities gain 7.6 percent as government contemplates market stabilization fund
KARACHI: After bleeding for seven consecutive weeks, Pakistan equities posted a sharp recovery as optimistic investors rushed to accumulate stocks on seemingly attractive valuations, pushing the benchmark KSE-100 index up…
Pakistan equities decline 0.5% during the week
KARACHI: Pakistan Stock Exchange (PSX) benchmark KSE-100 index closed in green on 3/5 days and ended the week at 37,338pts down by 184pts, 0.5 percent for the week ended April…
Total share buyback consideration in March 2019 totaled S$53.5 million at SGX
SINGAPORE: In March 2019, 27 SGX primary-listed stocks repurchased as many as 50 million shares with a total consideration of S$54 million. This was up from S$32 million in Feb…
Profits of Qatar Stock Exchange listed companies surge 7.17% in 2018
DOHA: Forty-five out of forty-six companies listed on Qatar Stock Exchange (QSE) have disclosed their annual financial results for the year ended on December 31, 2018, during which the net…
Pakistan equities decline 1.0 percent in the week
KARACHI: Pakistan Stock Exchange (PSX) benchmark KSE-100 Index corrected 1.0 percent, down 401 points, for the week ended February 15, 2019 as investors opted for profit taking post a 10…
Pakistan equities gain 0.66 percent in the week
KARACHI: Pakistan stock exchange (PSX) benchmark KSE-100 index displayed a positive trend during the week ended January 18, 2019, closing in green on three out of the five trading sessions…
‘PSX is a viable platform for meeting the infrastructural financing needs of the government’
KARACHI: Chairman Securities and Exchange Commission of Pakistan (SECP) Farrukh H. Sabzwari, along with his team comprising, Commissioner (Securities Market Division) and Executive Director, Securities Market Division, visited the Pakistan…
SECP Policy Board directs Commission to reduce fees
ISLAMABAD: The SECP Policy Board met in Islamabad on Wednesday at the SECP head office under the chairmanship of Professor Khalid Mirza. On the recommendation of its Regulations Committee, the…
Profitability of KSE-100 shares increased by 7.8 percent in nine months
KARACHI: The profitability of KSE-100 shares portrayed a healthy 7.8 percent growth during nine months i.e. January-September (9MCY18). The growth in profitability was primarily led by Fertilizers (+90%), Oil &…
Stock market disappointed with federal budget 2017-18
KARACHI: The federal budget announcement for fiscal year 2017-18 came rather disappointing for the stock market as finance ministry igonred all its recommendations and instead raised the incidence of tax…
Capital gains tax increased on trade of shares
KARACHI: The Finance Minister Ishaq Dar has announced revised capital gains tax (CGT) slabs on trade of securities within two years while a new CGT slab has been introduced on…