Month: July 2024

RECOMPOSITION OF BANKING SECTOR INDEX AT PAKISTAN STOCK EXCHANGE

Karachi: The Pakistan Stock Exchange Limited has announced the recomposition of its Banking and Oil and Gas Sector Tradable Indices for the review period of January 1, 2024, to June 28, 2024. The changes will take effect from August 15, 2024.

The re…

Optimus Capital Management Announces New CEO Appointment

Karachi: Syed Ayaz Ahmed Takes Helm at Optimus Capital Management. In a significant organizational shift, M/s. Optimus Capital Management (Private) Limited, a holder of the Certificate of the Pakistan Stock Exchange (PSX), has announced a change in le…

Rebalancing Process Begins for Mahaana Islamic Index ETF

Karachi: In compliance with section 96 of the Securities Act, 2015 and Clause 5.6.1(a) of PSX Regulation, along with the Offering Document of the Mahaana Islamic Index Exchange Traded Fund (MIIETF), a significant update has been issued regarding the f…

Indus Motor Company Launches Export Operations

Karachi: Indus Motor Company Ltd (IMC) has officially begun exporting specific vehicle models to other Toyota-affiliated companies, marking a strategic expansion of its operations.

According to information available from the Pakistan Stock Exchange …