SECP issues guidelines for license renewal amid COVID-19

ISLAMABAD: Securities and Exchange Commission of Pakistan (SECP) has issued guidelines for license renewal in order to facilitate companies considering difficulties due to COVID-19. The SECP issued Circular No. 19/2020 for extension... Read more »

Share market falls by 203 points on profit taking

KARACHI: The share market fell by 203 points on Monday as investors preferred profit booking, analysts said. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 33,805 points as against... Read more »

Weekly Review: market likely gain as lockdown eases

KARACHI: The share market to remain green due to easing of lockdown in the country which will revive economic activity. Analysts at Arif Habib Limited said that moreover, SBP announced 100 basis... Read more »

Share market gains 203 points as energy scrips make recovery

KARACHI: The share market gained 203 points on Friday owing to recovery in energy scrips after gain in oil prices in international markets. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX)... Read more »

SECP facilitates companies in IAS 39 requirements

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SEC) has allowed relief registered companies that are applying IAS 39/principles of IAS 39 (for Available for Sale equity instruments). The SECP issued S.R.O.... Read more »

Share market gains 112 points in mixed trading

KARACHI: The share market gained 112 points on Thursday in mixed trading during the day. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 33,805 points against 33,693 points showing... Read more »

Equity market increases by 90 points amid selling pressure

KARACHI: The equity market increased by 90 points on Wednesday amid selling pressure witnessed during the day. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 33,693 points as against... Read more »

Equity market gains 319 points on policy rate cut hope

KARACHI: The equity market recorded increase of 319 points on Tuesday on expectation of cut in policy rate to be announced this week. The Index closed at 33,603 points as against 33,284... Read more »

PSX seeks permanent reduction in tax rate for listed companies

KARACHI: Pakistan Stock Exchange (PSX) has recommended to lower the rate of tax for listed companies in order to encourage listing in the equity market. “The tax rate should be permanently lowered... Read more »

Stock market trades in narrow range

KARACHI: The stock market gained 16 points on Monday while trading in narrow range. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 33,284 points as against 33,268 points showing... Read more »