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[4] [5] PSX was classified by MSCI as a frontier market on 8 September 2021. [6] Pakistan Stock Exchange was founded in 1947 as Karachi Stock Exchange, In January 2016, Karachi Stock Exchange was renamed as Pakistan Stock Exchange after the merger of the Lahore Stock Exchange and Islamabad Stock Exchange. [7]
This page was last edited on 6 February 2025, at 12:53 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors [1] and usually also to retail (individual) investors. [2] An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges.
Only 16.4% of the IPO Class of 2021 are trading above their offer price, according to Renaissance Capital. This means 84% are underwater. Investors are now scrutinizing deals much more closely ...
The exceptional 2021 IPO year raised a record-breaking $453.3 billion in equity across the globe. The U.S. alone ended the year with $174.6 billion in proceeds.
Those valuations may require some sensational operational performance to sustain them, but the firm grew year-over-year sales at more than 40 percent in the first three quarters of 2023, to $24 ...
This page was last edited on 5 February 2024, at 11:04 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
It is listed on the Pakistan Stock Exchange and the London Stock Exchange. [3] It is the largest company in Pakistan in terms of market capitalisation, [4] and has repeatedly ranked among the Forbes Global 2000. [5] OGDCL operates 50 oil and gas fields across Pakistan. [6]