PSX launches new trading & surveillance system to boost market efficiency and security

Karachi, Pakistan: Pakistan Stock Exchange (PSX) has officially launched a new trading & surveillance system (NTS) that aims to upgrade and enhance its technological capacity and functionality. The NTS is a state-of-the-art, safe and highly advanced securities trading and surveillance system that has been operational in Shenzhen Stock Exchange (SZSE), China, for 20 years without…

PSX proposes to address structural imbalances in country’s economic system

KARACHI: Pakistan Stock Exchange (PSX) has presented important budgetary proposals for 2021-22 to boost economic growth and address key structural imbalances in Pakistan’s economy. The stock market is one of the most documented sectors of the economy. All capital market participants are fully documented; hence developing the capital markets is fully aligned with FBR’s efforts…

PSX signs agreement with NIFT to launch E-IPO system

KARACHI: Pakistan Stock Exchange (PSX) and National Institutional Facilitation Technologies (NIFT) signed an agreement to collaborate in the development of a new payment and registration system by PSX. PSX takes immense pride in announcing another important development for the capital market and its participants to digitally transform the Initial Public Offering (IPO) process through the…

PSX all set to launch dividend shares index and exchange traded funds

KARACHI, PAKISTAN: Pakistan Stock Exchange (PSX) is all set to launch two new products including Exchange Traded Fund (ETF) and Dividend Index within a month, hoping to attract new investors to the saturating market. GM Product Development PSX Hasan Raza said a 20-shares index comprising high and consistently dividend paying stocks had been developed, “which…