Pakistan Stock Exchange’s benchmark KSE-100 Index profitability grows by 12%
KARACHI, PAKISTAN: The bottom-line profitability of Pakistan Stock Exchange (PSX) benchmark KSE-100 index grew by 12% YoY in 1HFY23 to Rs522 billion. Index heavyweight, E&Ps...
Pakistan Petroleum Limited clinches Corporate Philanthropy Award
KARACHI, PAKISTAN: Pakistan Petroleum Limited (PPL) has once again been adjudged as one of the largest corporate givers by volume of donations for 2020-21 and...
SECP proposes Shariah Governance Regulations 2023
ISLAMABAD, PAKISTAN: The Securities and Exchange Commission of Pakistan (SECP) has issued draft Shariah Governance Regulations, 2023, primarily to remove bottlenecks in product development and...
Sindh Engro and Power Cement sign MoU to blend Thar coal in cement manufacturing
KARACHI, PAKISTAN: Sindh Engro Coal Mining Company (SECMC) and Power Cement has signed a memorandum of understanding (MOU) for a trial run of Thar coal...
Pakistan Stock Exchange (PSX) launches Public PRIDE, one-stop solution focused on investors
KARACHI, PAKISTAN: After implementing the PRIDE system, which automated the listing process for debt and equity issues, Pakistan Stock Exchange (PSX) has gone live with...
Roshan Equity Investment launched at PSX
KARACHI, PAKISTAN: The capital market entities, banks and State Bank of Pakistan (SBP) marked the launch of the Roshan Equity Investment (REI), a product offered...
Paymob and PAFLA Sign MOU to Fuel Growth in Pakistan’s Freelance Market
KARACHI, PAKISTAN: Paymob and Pakistan Freelancers Association (PAFLA) signed a memorandum of understanding (MOU) to facilitate payments acceptance for freelancers in Pakistan. The MOU will...
Paymob signs up with integrated virtual care platform, medIQ
ISLAMABAD, PAKISTAN: Paymob has signed a memorandum of understanding (MoU) with medIQ Smart Healthcare, Pakistan’s first integrated virtual care platform, to drive financial inclusion and...
PSX launches digitised listing process
KARACHI, PAKISTAN: In a revolutionary move forward, Pakistan Stock Exchange (PSX) has digitised the process of listing through an online portal called PRIDE, i.e. Public...
OGDC announces gas condensate discovery in Khyber Pakhtunkhwa
KARACHI, PAKISTAN: The TAL Joint Venture comprising MOL Pakistan Oil & Gas Co. B.V. (Operator), Oil & Gas Development Company Limited (OGDCL) (30% working interest...
PSX launches the first dividend based index – PSX Dividend 20 Index
KARACHI, PAKISTAN: In a major step forward towards facilitating investors, stakeholders, and market participants, Pakistan Stock Exchange (PSX) has launched its first fundamental index, PSX...
SECP introduces digital-only insurers and microinsurers
ISLAMABAD, PAKISTAN: The Securities and Exchange Commission of Pakistan (SECP) has introduced registration regime for digital-only insurers and dedicated microinsurers. This will promote digitalization and...