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IPOs

PSX sees seven IPOs in 2024, highest in last three years

KARACHI: Pakistan Stock Exchange (PSX) saw an increase in listing of new companies in 2024, with the bourse...

Published 14 Dec, 2024 06:46am

Business & Finance

Investors participating in IPOs being facilitated

KARACHI: Pakistan Stock Exchange (PSX) and Central Depository Company of Pakistan Limited (CDC), under the aegis of...

Published 31 Aug, 2024 06:55am

Business & Finance

With Dubai Taxi Company and Parkin, IPOs in emirate are booming: what’s next?

The past few months have seen the Dubai government sell stakes in two of its entities - Dubai Taxi Company (DTC) and...

Updated 20 Mar, 2024 05:54pm

Markets

Biotech IPOs to bloom with spotlight on startups with human trial data

BENGALURU: Initial public offerings by small private biotech companies are poised to stage a comeback later in 2023...

Published 31 Mar, 2023 06:45am

Markets

Capital markets stuck in ‘no man’s land’ as bankers miss out on fees

LONDON/NEW YORK: Investment bankers are bracing for another tough year ahead after losing out on lucrative fees from...

Published 02 Jan, 2023 05:54am

Business & Finance

Only 3 IPOs in 2022: Rs1.3bn raised by PSX lowest amount in 9 years

KARACHI: Pakistan capital market saw just three (3) Initial Public Offerings (IPOs) in 2022 thus far with a total...

Published 22 Dec, 2022 05:57am

Markets

Capital market: Investors show confidence as all IPOs oversubscribed

ISLAMABAD: Pakistani capital market has witnessed 10 Initial Public Offerings (IPOs), eight equity and two debt...

Published 23 May, 2022 06:55am

Markets

PIF-backed Saudi digital security firm Elm set to raise $818m in IPO

DUBAI: Saudi Arabian digital security firm Elm, owned by the kingdom’s sovereign wealth fund, is set to raise 3.07...

Published 31 Jan, 2022 07:10am

Markets

Geely's Volvo Cars sets IPO price range, seeking up to $23 billion valuation

The transaction, including expected converted investments by investors AMF and Folksam, was seen resulting in a free float of about 19.5% to 24.0%, Volvo says

Published 18 Oct, 2021 06:53pm

Markets

Online payments firm Stripe takes first step toward blockbuster listing

NEW YORK: Digital payments processor Stripe Inc, the most valuable US technology startup, has taken its first major...

Published 19 Jul, 2021 06:17am

Markets

Robinhood aims to allow users to buy into IPOs

NEW YORK: Robinhood Markets Inc is building a platform to “democratize” initial public offerings (IPOs),...

Published 29 Mar, 2021 06:05am

Business & Finance

SoFi to allow members to buy into IPOs

The move by SoFi comes a day after Reuters reported online brokerage Robinhood was building a platform to "democratize" IPOs, including its own, that would allow users of its trading app to snap up shares alongside Wall Street funds, according to people familiar with the matter.

Published 26 Mar, 2021 09:51pm

Markets

PSX Board urges Finance ministry, FBR to review proposed tax amendments

It was of the view that the capital markets in Pakistan are probably the most documented sector of the economy.

Published 25 Mar, 2021 03:56pm

Markets

Spain’s stock market supervisor expects record year for IPOs

MADRID: Spain’s stock market supervisor expects around six firms to debut on the Spanish exchange in 2021, which...

Published 22 Mar, 2021 04:18am

Markets

Spain's stock market supervisor expects record six IPOs in 2021

We could be speaking about half a dozen IPOs, which, if successful, would be the highest number since we have records at the commission.
"It's a positive phenomenon and great news for the Spanish market to have IPOs after two years with only two," he said.

Published 17 Mar, 2021 06:01pm

Markets

Three InterPrivate-backed SPACs aim to raise $650mn in IPOs

The special purpose acquisition companies (SPACs) said they would seek to take public companies with an enterprise value of $1 billion or more in the tech and financial services sectors.
One of InterPrivate's SPACs, InterPrivate Acquisition Corp , agreed to take public lidar sensor maker Aeva Inc, led by former Apple Inc engineers, through a merger in November last year.

Published 17 Feb, 2021 06:28pm

Markets

London market facing blockbuster IPO year

LONDON: London will enjoy a very strong year for stock market flotations, analysts say, arguing that both Brexit and...

Published 25 Jan, 2021 04:23am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 18	280.70
USD PKR Interbank Buying / Apr 18	280.45
USD to Japanese Yen / Apr 18	142.18
USD to Swiss Franc / Apr 18	0.82
Pound Sterling to USD / Apr 18	1.33
Euro to USD / Apr 18	1.14
UK LIBOR % / Apr 18	4.96

Stock	Volume
S&P 500 / Apr 17	5,282.70
India Sensex / Apr 17	78,553.20
Nasdaq / Apr 17	16,286.45
Hang Seng / Apr 17	21,395.14
FTSE 100 / Apr 17	8,275.66
Dow Jones / Apr 17	39,142.23
Germany DAX 30 / Apr 17	21,205.86
France CAC40 / Apr 17	7,285.86
Tokyo Nikkei / Apr 18	34,730.28

Item	Value
Crude Oil USD/Barrel / Apr 18	64.68
Karachi Cotton PKR/37.32 KG / Apr 18	16,985
Gold 10 Grams PKR / Apr 18	299,811
Gold Spot USD/Ounce / Apr 18	3,326.85
Cotton US¢/pound / Apr 18	67.13
Petrol/Litre / Apr 20	254.63
Diesel/Litre / Apr 20	258.64

Gainers
Losers
Leaders

Stock	Price
PICIC Ins.Ltd. / Apr 18 PICIC Insurance Limited(PIL)	3.44 ▲ 0.99 (40.41%)
Universal Ins. / Apr 18 The Universal Insurance Company Limited(UVIC)	10.36 ▲ 0.99 (10.57%)
Oilboy Energy / Apr 18 Oilboy Energy Limited(OBOY)	10.91 ▲ 1 (10.09%)
Popular Islamic / Apr 18 Popular Islamic Modaraba(PIM)	13.70 ▲ 1.25 (10.04%)
Safe Mix Con.Lt / Apr 18 Safe Mix Concrete Limited(SMCPL)	18.11 ▲ 1.65 (10.02%)
Bunnys Limited / Apr 18 Bunnys Limited(BNL)	26.91 ▲ 2.45 (10.02%)
Nimir Resins / Apr 18 Nimir Resins Limited(NRSL)	46.70 ▲ 4.25 (10.01%)
At-Tahur Ltd. / Apr 18 At-Tahur Limited(PREMA)	63.90 ▲ 5.81 (10%)
Bawany Air Products / Apr 18 Bawany Air Products Limited(BAPL)	35.63 ▲ 3.24 (10%)
Sunrays Textile / Apr 18 Sunrays Textile Mills Limited(SUTM)	97.10 ▲ 8.83 (10%)

Stock	Price
Oilboy Energy(R) / Apr 18 Oilboy Energy Limited(R)(OBOYR2)	0.64 ▼ -0.43 (-40.19%)
Shaheen Ins. / Apr 18 Shaheen Insurance Company Limited(SHNI)	5.84 ▼ -1.33 (-18.55%)
Century Ins. / Apr 18 Century Insurance Company Limited(CENI)	41.25 ▼ -8.57 (-17.2%)
Escorts Bank / Apr 18 Escorts Investment Bank Limited(ESBL)	5.86 ▼ -0.98 (-14.33%)
Sec. Inv. Bank / Apr 18 Security Investment Bank Limited(SIBL)	9.50 ▼ -1.55 (-14.03%)
Habib Ins. / Apr 18 Habib Insurance Company Limited(HICL)	6.92 ▼ -0.69 (-9.07%)
Gulshan Sp. / Apr 18 Gulshan Spinning Mills Limited(GSPM)	3.18 ▼ -0.3 (-8.62%)
Trust Sec.& Brok. / Apr 18 Trust Securities & Brokerage Limited(TSBL)	12.87 ▼ -1.1 (-7.87%)
First Fid. Leasing / Apr 18 First Fidelity Leasing Modaraba(FFLM)	2 ▼ -0.16 (-7.41%)
Zephyr Textile / Apr 18 Zephyr Textiles Limited(ZTL)	11.56 ▼ -0.92 (-7.37%)

Stock	Volume
Sui South Gas / Apr 18 Sui Southern Gas Company Limited(SSGC)	38,238,255 ▲ 1.64
Pak Int.Bulk / Apr 18 Pakistan International Bulk Terminal(PIBTL)	30,965,499 ▲ 0.18
K-Electric Ltd. / Apr 18 K-Electric Limited(KEL)	22,907,790 ▲ 0.09
Cnergyico PK / Apr 18 Cnergyico PK Limited(CNERGY)	17,544,373 ▲ 0.01
Maple Leaf Cement / Apr 18 Maple Leaf Cement Factory Limited(MLCF)	12,813,509 ▲ 0.94
WorldCall Telecom / Apr 18 Worldcall Telecom Limited(WTL)	11,614,194 ▲ 0
Pak Elektron / Apr 18 Pak Elektron Limited(PAEL)	10,998,433 ▼ -0.42
Habib Bank / Apr 18 Habib Bank Limited(HBL)	9,362,714 ▼ -5.52
Oilboy Energy(R) / Apr 18 Oilboy Energy Limited(R)(OBOYR2)	9,098,065 ▼ -0.43
B.O.Punjab / Apr 18 The Bank of Punjab(BOP)	8,925,360 ▼ -0.09

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