Pakistan Day is celebrated with great fervor every year, but this year the circumstances are very different. People are living under extreme fear due to coronavirus pandemic, not only in Pakistan but around the world. The death of dozens of people from the pandemic, reminds us hundreds and thousands of people, who were assassinated after the partition of subcontinent. This also reminds the helplessness and the difficult administrative and financial conditions prevailing at …
Read More »Endangered listing/delisting: the main concern
Stock exchanges represents confidence of investors and industry. Pakistan Stock Exchange has least number of investors and issuers using the exchange platform to trade off savings and returns. Pakistan’s least position in the region was found out to be a further retreated-one, as the Securities and Exchange Commission of Pakistan (SECP) Chief informed the standing committee of national assembly that for about 50,000 accounts were closed by investors in a year or so …
Read More »Development of Information Security products in Pakistan
Due to ever-growing internet penetration and high reliance on digital ecosphere, cybersecurity has become one of the biggest needs of the world. Cybersecurity threats can be very dangerous to the country’s security at both national and international levels. Cyber security is constantly evolving, which can make it quite difficult to stay up to date. Tactically, staying informed and being cautious online are two of the best ways to help protect …
Read More »PSX rally strongest in Asia-Pacific region
An exclusive year-end review by Arif Habib Limited PSX leapt to record levels over 46,000; returning a commendable 41.3% in CY16TD (USD-based return of 41.2%). The index displayed a stunning run with several market tailwinds coming into play; i) Jun’16 MSCI reclassification announcement buoyed market sentiment even though Pakistan will officially graduate to the Emerging Markets category in June’17, ii) ongoing divestment of PSX expected to add liquidity to …
Read More »Setting up a PSX branch in Gwadar and Quetta helps grow corporate culture
The capital market provides the people with the investment opportunities and the companies to raise funds for expansion and development for further investments. Though the government has an important role to play in shaping the legal, institutional and business environment but major responsibility rests with the corporate sector to achieve a higher level of corporate governance. The high standards of corporate integrity and excellence are of key importance for …
Read More »Pakistan stock exchange stays in the rank of best three exchanges in Asia; revenue grows 11pc in ninth months period
During the nine month period ended March 31, 2016, PSX continued to remain amongst major three best performing exchanges in Asia COMPARATIVE MARKET PERFORMANCE Details June 30. 2015 March 31, 2016 % change Malaysia 1,707 1,718 0.6 Indonesia 4,911 4,845 -1.3 Pakistan 34,399 33,139 -3.7 Philippines 7,565 7,262 -4.0 Vietnam 593 561 -5.4 Brazil 22,029 20,659 -6.2 Thailand 1,505 1,408 -6.4 India 27,781 25,342 -8.8 MSCI EM 972 837 …
Read More »Integration of stock markets to spur growth and investment
Finance Minister Ishaq Dar officially announced the merger of the stock markets of Karachi, Lahore and Islamabad into one entity the Pakistan Stock Exchange (PSX) on January 11, 2016. The PSX will operate from the Karachi Stock Exchange under the new set-up. The Lahore Stock Exchange has been converted into LSE Financial Services Limited with a licence of an NBFI and Islamabad Stock Exchange into the ISE REIT Management …
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