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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 / Jan 30	279.17
USD PKR Interbank Buying / Jan 30	278.97
USD to Japanese Yen / Jan 30	154.32
USD to Swiss Franc / Jan 30	0.91
Pound Sterling to USD / Jan 30	1.24
Euro to USD / Jan 30	1.04

Stock	Volume
S&P 500 / Jan 30	6,071.17
India Sensex / Jan 30	76,759.81
Tokyo Nikkei / Jan 30	39,513.97
Nasdaq / Jan 30	19,681.75
Hang Seng / Jan 30	20,225.11
FTSE 100 / Jan 30	8,646.88
Dow Jones / Jan 30	44,882.13
Germany DAX 30 / Jan 30	21,727.20

Item	Value
Crude Oil USD/Barrel / Jan 30	72.99
Karachi Cotton PKR/37.32 KG / Jan 30	18,285
Gold 10 Grams PKR / Jan 30	248,885
Gold Spot USD/Ounce / Jan 30	2,849.50
Cotton US¢/pound / Jan 30	66.27
Petrol/Litre / Jan 31	256.13

Gainers
Losers
Leaders

Stock	Price
Kohinoor Ind. / Jan 31 Kohinoor Industries Limited(KOIL)	10.21 ▲ 1 (10.86%)
Tariq Corporation / Jan 31 Tariq Corporation Limited(TCORP)	16.91 ▲ 1.54 (10.02%)
Sana Ind / Jan 31 Sana Industries Limited(SNAI)	28.77 ▲ 2.62 (10.02%)
Sanghar Sugar / Jan 31 Sanghar Sugar Mills Limited(SANSM)	37.14 ▲ 3.38 (10.01%)
Leather Up Ltd. / Jan 31 Leather Up Limited(LEUL)	53.74 ▲ 4.89 (10.01%)
Redco Textile / Jan 31 Redco Textiles Limited(REDCO)	24.17 ▲ 2.2 (10.01%)
Saritow Spinning / Jan 31 Saritow Spinning Mills Limited(SSML)	17.92 ▲ 1.63 (10.01%)
Fateh Sports / Jan 31 Fateh Sports Wear Limited(FSWL)	95.07 ▲ 8.64 (10%)
Mirpurkhas Sugar / Jan 31 Mirpurkhas Sugar Mills Limited(MIRKS)	31.90 ▲ 2.9 (10%)

Stock	Price
Blue-Ex Ltd / Jan 31 Blue-Ex Limited (GEM)(GEMBLUEX)	54.86 ▼ -6.1 (-10.01%)
Olympia Mills / Jan 31 Olympia Mills Limited(OML)	32.90 ▼ -3.66 (-10.01%)
National Silk / Jan 31 The National Silk & Rayon Mills Limited(NSRM)	40.83 ▼ -4.52 (-9.97%)
Popular Islamic / Jan 31 Popular Islamic Modaraba(PIM)	11.35 ▼ -1.19 (-9.49%)
Sardar Chemical / Jan 31 Sardar Chemical Industries Limited(SARC)	33.11 ▼ -3.13 (-8.64%)
Ashfaq Textile / Jan 31 Ashfaq Textile Mills Limited(ASHT)	15.61 ▼ -1.43 (-8.39%)
Fateh Ind. / Jan 31 Fateh Industries Limited(FIL)	136 ▼ -11.19 (-7.6%)
ZIL Limited / Jan 31 ZIL Limited(ZIL)	216.12 ▼ -17.36 (-7.44%)
First Elite Cap.Mod / Jan 31 First Elite Capital Modaraba(FECM)	6 ▼ -0.4 (-6.25%)

Stock	Volume
Sui South Gas / Jan 31 Sui Southern Gas Company Limited(SSGC)	48,364,956 ▼ -0.81
Cnergyico PK / Jan 31 Cnergyico PK Limited(CNERGY)	41,730,645 ▲ 0.19
Waves Home Appliances / Jan 31 Waves Home Appliances Limited(WAVESAPP)	33,226,540 ▼ -0.34
Bank Makramah / Jan 31 Bank Makramah Limited(BML)	31,509,642 ▲ 0.05
WorldCall Telecom / Jan 31 Worldcall Telecom Limited(WTL)	20,556,244 ▲ 0
K-Electric Ltd. / Jan 31 K-Electric Limited(KEL)	16,969,744 ▼ -0.01
Citi Pharma Ltd / Jan 31 Citi Pharma Ltd.(CPHL)	15,022,230 ▲ 2.49
Hascol Petrol / Jan 31 Hascol Petroleum Limited(HASCOL)	13,297,950 ▼ -0.08
National Bank / Jan 31 National Bank of Pakistan(NBP)	12,797,985 ▲ 6.44

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