PSX KSE-100 Index Falls 721 Points Amid US Iran Tensions And Oil Supply Concerns
Pakistan Stock Exchange’s KSE-100 Index fell 720.83 points to 176,975.67 as concerns over Strait of Hormuz disruptions and higher oil prices weighed on investor sentiment.
SECP Forms High Level Working Group To Reform Pakistan’s Corporate Debt Market
Securities and Exchange Commission of Pakistan has formed a high level working group to reform the corporate debt market by reducing issuance costs and timelines, improving credit ratings and expanding participation.
Tasdeeq IPO Book Building Fully Subscribed In Record Two Seconds Amid Strong Investor Demand
Tasdeeq’s initial public offering book building was fully subscribed in just two seconds, attracting institutional investors, foreign funds and high net worth individuals ahead of its public subscription.
ABHI Microfinance Bank Applies For PSX Main Board IPO With 132 Million Shares Offering
ABHI Microfinance Bank submits application for Main Board listing on Pakistan Stock Exchange through IPO offering of 132 million ordinary shares.
Market Consensus Points to Rate Hold as SBP Prepares for July Monetary Policy Meeting
Topline Securities survey shows 97 percent of market participants expect State Bank of Pakistan to keep policy rate at 11.5 percent amid global commodity price fluctuations.
PSX Stages Recovery as KSE-100 Index Surges 2800 Points to Cross 178000 Level
Pakistan Stock Exchange recovers strongly as the KSE-100 Index gains 2,837 points following diplomatic comments and stabilization in global oil markets.
State Bank of Pakistan Removes Minimum Deposit Rate Requirements to Lift Profits at Major Commercial Banks
The State Bank of Pakistan eliminates the minimum deposit rate threshold for high net worth accounts, enabling major commercial banks to trim deposit costs significantly.
State Bank of Pakistan Deregulates Minimum Deposit Rate for Premium Corporate and Individual Accounts
The State Bank of Pakistan has removed the minimum deposit rate requirement on large individual accounts, trusts, and private limited companies, paving the way for commercial banks to save billions in deposit costs.
Pakistan Net Foreign Direct Investment Surges 293 Percent Month on Month
The State Bank of Pakistan released data showing that net foreign direct investment witnessed a sharp monthly rebound in May after recovering from prior sector divestments.
Pakistan 11 Month IT Exports Reach Record Four Point Two Billion Dollars
Pakistans information technology export revenue reached four point two billion dollars during the first eleven months of the fiscal year despite monthly Eid holiday drops.