KSE-100 sees its best day of the year, gains 1,112 points

BR Web Desk 14 Oct 2021 Benchmark index increases 2.57%, its highest in terms of percentage in 2021 Pakistan’s stocks bounced back in emphatic fashion on Thursday, with the benchmark KSE-100 Index gaining 2.57%, its highest this year, to power past the 44,000 level as attractive valuations and days of negativity made way for a bullish […]

Octopus IPO makes history

Tech company breaks all records as shares oversubscribed by 27 times Salman Siddiqui September 11, 2021 – published in The Tribune KARACHI: Octopus Digital has received historical responses from investors during its two-day book building process (auction) to sell 20% shareholding to raise financing for expansion of its business and make its shares available for […]

Air Link raises Rs6.43b in largest private sector IPO

Book building oversubscribed by 1.64 times Salman Siddiqui Published in Express Tribune on September 01, 2021 KARACHI: Air Link Communication (ALC) – a smartphone assembler and exporter in Pakistan – raised the single-largest investment worth Rs6.43 billion through selling 90 million shares to institutional and rich individual investors at the Pakistan Stock Exchange (PSX) on […]

Tarin expresses satisfaction over PSX progress

Discusses with stakeholders matters pertaining to capital market and its development Published on Express Tribune on 24th August KARACHI: Pakistan’s economy is recovering, with revenue collection above 40% last year, said Finance Minister Shaukat Tarin in a meeting on Friday. The finance minister’s remarks came during his visit to the Pakistan Stock Exchange where he […]

Strong remittances data, IT package lift PSX

Published on The Express Tribune on 11th August KARACHI: The Pakistan Stock Exchange resumed its upward march on Wednesday aided by strong economic cues and announcement of an incentive package for the IT and telecom sector by the government. Resultantly, the KSE-100 index rose 242 points and inched closer to the 47,400-point mark. Investors weighed […]

74 years of the PSX

Dilawar Hussain Published August 16, 2021 on DAWN News The Karachi Stock Exchange was established on 18 September 1947 — only a month after the independence of the country. Starting with five listed companies and a total market capitalisation of 37 million, traders started to buy and sell shares on the ‘’open outcry’’ system. It was […]