Karachi, (PPI Bot): Sui Southern Gas Co. Ltd. will have its transfer books closed from December 22, 2023, to December 29, 2023. The company has announced an AGM to be held on December 29, 2023, at 11:00 in Karachi, with no dividend or bonus being issued.
Karachi, (PPI Bot): The Securities and Exchange Commission of Pakistan (SECP) has granted Universal Network Systems Limited (GEM) an extension for holding its Annual General Meeting (AGM). Initially scheduled for the year ending on June 30, 2023, the company has now been given until November 29, 2023, to convene its AGM. This extension provides the company additional time to prepare and ensures compliance with regulatory requirements. Karachi, (PPI Bot): In a detailed examination of the last six months, the Pakistan Stock Exchange (PSE) showed a volatile pattern in market capitalization, share turnover, and indices. The listed capital increased steadily from May's Rs. 1,600,818.262 million to October's Rs. 1,653,218.018 million.Market capitalization experienced a significant rise in July, reaching Rs. 7,231,764.255 million, before tapering to Rs. 6,885,570.255 million in September and rebounding to Rs. 7,551,772.884 million by October. Share turnover echoed this turbulence, with July registering a high of 7,984.831 million shares ready for trading and 2,501.287 million future contracts. In contrast, September saw a dip to 3,447.734 million shares ready and 1,621.924 million futures.
The KSE 100 Index saw a substantial increase from May's 41,330.560 to October's peak of 51,920.270. The KSE All Share Index followed a similar trajectory, starting at 27,703.240 in May and climbing to 34,558.220 by October's close.