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Public markets across Pakistan stayed closed on Saturday due to a strike by retail associations over rising electricity prices and brisk inflation, as the country embarks on a tricky path to ...
The Pakistan Stock Exchange (PSX), founded as Karachi Stock Exchange (KSE), is a stock exchange based in Karachi, Pakistan. [ 4 ] [ 5 ] PSX was classified by MSCI as a frontier market on 8 September 2021.
The KSE-100 Index is a total return stock index acting as a benchmark to compare prices on the Pakistan Stock Exchange (PSX) over a period. [1] In determining representative companies to compute the index on, companies with the highest market capitalization are selected. However, to ensure full market representation, the company with the ...
That month Pakistan also ended a four-year streak of outflows (totaling $1.4 billion) in Treasury Bills, earning $875 million. According to Bloomberg, Pakistan's stock became the "world’s best performer", increasing 73% in the past 12-months. Treasury Bill yields became some of Asia's highest, while foreign reserves rose to a two-year high. [73]
The Securities and Exchange Commission of Pakistan (SECP) (Urdu: سیکیورٹیز اینڈ ایکسچینج کمیشن آف پاکستان), formerly known as Company Law Administration, Company Law Board, and Corporate Law Authority, is the corporate legislative and financial regulatory agency of Pakistan whose objective is to develop a modern and efficient corporate sector and a capital ...
Pakistan's foreign minister Shah Mahmood Qureshi said that India is activating sleeper cells in order to disrupt the peace in Pakistan. [17] Meanwhile, the Special Assistant to the Prime Minister on National Security, Moeed Yusuf in a statement said "make no mistake, today’s attack in Karachi is state-sponsored terrorism against Pakistan". [5]
The KSE-30 Index is a stock market index which tracks the performance of the top 30 most liquid companies listed on the stock exchanges in Pakistan. [1] The index is based on a free float methodology [2] in differentiation to other indices based of paid-up capital. [3] The KSE-30 Index was launched and implemented by the Karachi Stock Exchange ...
In the first four years of the twenty-first century, Pakistan's KSE 100 Index was declared the best-performing stock market index in the world by the international magazine "Business Week". [46] [citation needed] The stock market capitalization of listed companies in Pakistan was valued at $5,937 million in 2005 by the World Bank. [47]