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Ahmed Malik

MSF system to be implemented on PSX from today
Markets

MSF system to be implemented on PSX from today

The Murabaha Share Financing (MSF) system, a new product to finance the share purchase requirements in Sharia compliant companies, will be implemented on Pakistan Stock Exchange (PSX) from today (Monday). The Securities and Exchange Commission of Pakistan
Published 02 Sep, 2019 12:00am
SECP chief, stakeholders review stock market situation
Markets

SECP chief, stakeholders review stock market situation

The Securities and Exchange Commission of Pakistan (SECP), being the apex regulator, is monitoring the stock market situation and deliberating reforms for enhancing liquidity and removing practical difficulties, sources said.
Published 21 Aug, 2019 12:00am
SECP chief, stakeholders review stock market situation
Markets

SECP chief, stakeholders review stock market situation

The Securities and Exchange Commission of Pakistan (SECP), being the apex regulator, is monitoring the stock market situation and deliberating reforms for enhancing liquidity and removing practical difficulties, sources said.
Published 21 Aug, 2019 12:00am
SECP chief, stakeholders review stock market situation
Markets

SECP chief, stakeholders review stock market situation

The Securities and Exchange Commission of Pakistan (SECP), being the apex regulator, is monitoring the stock market situation and deliberating reforms for enhancing liquidity and removing practical difficulties, sources said.
Published 21 Aug, 2019 12:00am
Rafiq given additional charge of PSX CEO
Markets

Rafiq given additional charge of PSX CEO

Muhammad Rafiq Umer, current Company Secretary and Head of Legal Affairs, has been given additional charge of acting Chief Executive Officer (CEO) of the Pakistan Stock Exchange (PSX) with effect from June 12, 2019. The decision was taken on the recommend
Published 13 Jun, 2019 12:00am
Rafiq given additional charge of PSX CEO
Markets

Rafiq given additional charge of PSX CEO

Muhammad Rafiq Umer, current Company Secretary and Head of Legal Affairs, has been given additional charge of acting Chief Executive Officer (CEO) of the Pakistan Stock Exchange (PSX) with effect from June 12, 2019. The decision was taken on the recommend
Published 13 Jun, 2019 12:00am
Rafiq given additional charge of PSX CEO
Markets

Rafiq given additional charge of PSX CEO

Muhammad Rafiq Umer, current Company Secretary and Head of Legal Affairs, has been given additional charge of acting Chief Executive Officer (CEO) of the Pakistan Stock Exchange (PSX) with effect from June 12, 2019. The decision was taken on the recommend
Published 13 Jun, 2019 12:00am
Five months: Offshore participants emerge net buyers of shares
Print

Five months: Offshore participants emerge net buyers of shares

The foreign investors'' interest in Pakistan stock market seems to be reviving as the offshore participants emerged net buyers of shares during the first five months of current calendar year. According to the current data of National Clearing Company of P
Published 08 Jun, 2019 12:00am
Five months: Offshore participants emerge net buyers of shares
Print

Five months: Offshore participants emerge net buyers of shares

The foreign investors' interest in Pakistan stock market seems to be reviving as the offshore participants emerged net buyers of shares during the first five months of current calendar year. According to the current data of National Clearing Company of Pa
Published 08 Jun, 2019 12:00am
Five months: Offshore participants emerge net buyers of shares
Print

Five months: Offshore participants emerge net buyers of shares

The foreign investors' interest in Pakistan stock market seems to be reviving as the offshore participants emerged net buyers of shares during the first five months of current calendar year. According to the current data of National Clearing Company of Pa
Published 08 Jun, 2019 12:00am
PSX CEO removed
Markets

PSX CEO removed

The chief executive officer of Pakistan Stock Exchange (PSX) Richard Morin was removed from his post by the board of directors due to his "unsatisfactory" performance, sources said. The PSX board of directors took this decision in its meeting held here on
Published 29 May, 2019 12:00am
PSX CEO removed
Markets

PSX CEO removed

The chief executive officer of Pakistan Stock Exchange (PSX) Richard Morin was removed from his post by the board of directors due to his "unsatisfactory" performance, sources said. The PSX board of directors took this decision in its meeting held here on
Published 29 May, 2019 12:00am
PSX CEO removed
Markets

PSX CEO removed

The chief executive officer of Pakistan Stock Exchange (PSX) Richard Morin was removed from his post by the board of directors due to his "unsatisfactory" performance, sources said. The PSX board of directors took this decision in its meeting held here on
Published 29 May, 2019 12:00am
Government to launch fund to support beleaguered PSX
Markets

Government to launch fund to support beleaguered PSX

The government has decided to launch an up to Rs 20 billion fund to provide liquidity with a view to supporting the Pakistan Stock Market which is under severe pressure due to currency devaluation and other issues. Advisor to the Prime Minister on Finance
Published 18 May, 2019 12:00am
Government to launch fund to support beleaguered PSX
Markets

Government to launch fund to support beleaguered PSX

The government has decided to launch an up to Rs 20 billion fund to provide liquidity with a view to supporting the Pakistan Stock Market which is under severe pressure due to currency devaluation and other issues. Advisor to the Prime Minister on Finance
Published 18 May, 2019 12:00am
Government to launch fund to support beleaguered PSX
Markets

Government to launch fund to support beleaguered PSX

The government has decided to launch an up to Rs 20 billion fund to provide liquidity with a view to supporting the Pakistan Stock Market which is under severe pressure due to currency devaluation and other issues. Advisor to the Prime Minister on Finance
Published 18 May, 2019 12:00am
Government urged to exempt CGT on trading of securities
Print

Government urged to exempt CGT on trading of securities

The stock market is a place to raise funds and the government should cash this avenue by allowing complete exemption of capital gain tax (CGT) on trading of securities, market players said. The exemption in CGT will encourage foreigners to invest in Pakis
Published 15 Mar, 2019 12:00am
Mitsubishi''s subsidiary plans to set up LNG terminal
Print

Mitsubishi''s subsidiary plans to set up LNG terminal

Tabeer Energy Limited, a wholly-owned subsidiary of Mitsubishi Corporation, has planned to set up a Liquefied Natural Gas (LNG) terminal at Port Qasim with an estimated cost of $400 million. This was stated by Kosuke Makino, Chief Executive of Tabeer Ener
Published 10 Mar, 2019 12:00am