Foreign investors opted to pull out their investment from Pakistan equity market due to their concerns over deadly coronavirus and slowing economic activities.
The Morgan Stanley Capital International (MSCI) has announced outcome of its Semi Annual Review (SAIR), whereby Pakistan now has a weight of 0.026 percent. Additionally, Pakistan's weight in the small cap index has been revised to 0.734 percent.
In a bid to ensure transparency and competitive bidding, the government has launched the first-ever Rs 200 billion Shariah-compliant debt instrument - Pakistan Energy Sukuk-II (PES-II) - through Pakistan Stock Exchange (PSX).
All Pakistan Paper Merchants Association (APPMA) has said that the local printing industry has reached to the edge of destruction due to the continuation of anomalous tariff and once it closed down, will never be able to revive itself.
Sui Northern Gas Pipelines Limited (SNGPL) is without a permanent MD for the most part under the present government. The recruitment process has been completed twice but shelved at the last minute.
Pakistan Stock Exchange (PSX) has proposed the federal government to introduce a mechanism and regulatory structure for the launch of registered savings and investment accounts (RSIAs) to help channel savings towards productive investments.
The Covid-19 pandemic has been spiralling around the globe crashing the economies, did not spare the Pakistan Stock Exchange (PSX), which in totality dipped 62 percent during the pandemic.
Pakistan Stock Exchange triggered Market Halt on Friday at 10:52am due to 5.0 percent increase in KSE-30 index. It was the first ever market halt that was triggered when the market was in bullish mood and the KSE-30 Index saw a sudden increase of 5.0 perc
Keeping in view the devastating impact that COVID-19 has brought to the stock brokerage fraternity and capital market investors, PSX Stockbrokers Association (PSA) has requested the federal government to take immediate and timely action in order to save b
Due to severe impact of deadly coronavirus outbreak and lockdown on economic activities, the country's GDP growth is expected at 0.25 percent in the current fiscal year (FY20) as compared to government's target of 4.0 percent, economists said.