All countries have a few or more than a few sick industries, some into hundreds and thousands. Pakistan is in the league of hundreds. Some become sick due to market dynamics and some are plain mismanagement. In such sick scenario, the employees lose job, governments lose tax money, investors lose their reputation and dreams but the banks are the major losers. For every investment that has become a non-performer banks have 50 …
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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 …
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International experts revealed that it is mandatory for everyone in the developed world, to have a cover for unforeseen losses. On the other hand, the need of such an instrument is much greater in developing countries, as susceptibility to risk is high as there are very less opportunities obtainable to recover from big losses. In developing countries therefore, which are usually characterized for having low income levels, and lacking access …
Read More »Bank Alfalah launches visa corporate credit cards The Securities and Exchange Commission of Pakistan (SECP)’s online fee submission facility, launched this year has gained currency and now the Commission has been regularly receiving fee through credit cards from various countries such as Belize, Hong Kong, Netherlands, Saudi Arabia, Singapore, UAE, UK and USA. The SECP introduced the facility for online payment of fee through credit cards in its eServices …
Read More »Reviewing the performance of Pakistan’s stock market may look a little appointing for some analysts but many analysts term this a correction and opportunity to the investors to rebalance their portfolio. A point of concern is substantial out flow of funds. However, this can be termed a short-lived phenomenon, if the incumbent government succeeds in overcoming some of the most contentious issue that include: 1) electricity and gas outages …
Read More »About us:- – Primus Investment Management Limited (PIML) was granted license by SECP to undertake Asset Management and Investment Advisory Services on December 23, 2011. – PIML is a public, unlisted company; with a paid up capital of PKR 250 million. – PIML recognizes that institutional and retail investors are increasingly looking for solution that optimally caters to their investment objectives. Their requirements have extended beyond obtaining a hedge …
Read More »The government has integrated Karachi Stock Exchange (KSE), Lahore Stock Exchange (LSE) Islamabad Stock Exchange (ISE) to form national stock exchange to be called as Pakistan Stock Exchange (PSE) with a view to improve the capital market outlook for attracting the foreign direct investment and for the economic prosperity of the country. Under the demutualization program of the stock exchange, there is a possibility of direct foreign investment by …
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