Karachi: The Pakistan Stock Exchange (PSX) has observed a significant and unusual movement in the share prices of Ali Asghar Textile Mills Limited (AATM), prompting an advisory under the Securities Act, 2015 and PSX regulations. According to informati…
Karachi: Haseeb Waqas Sugar Mills Limited (HWQS), listed in the Pakistan Stock Exchange’s Defaulters’ Segment due to previous regulatory issues, has now failed to meet another critical regulatory requirement. The company did not pay a penalty imposed …
Karachi: The Pakistan Stock Exchange (PSX) has announced a continued suspension of trading in shares of M/s. Haydari Construction Company Limited, effective from July 11, 2024, for an additional period of 60 days. This decision follows the company’s o…
Karachi: The Securities and Exchange Commission of Pakistan (SECP) has issued a call for feedback on proposed changes to the mandatory certification and Continuing Professional Education (CPE) requirements in the financial services industry. The annou…
Karachi: The Pakistan Stock Exchange (PSX) has announced the continuation of the trading suspension for M/s. Saudi Pak Leasing Company Limited. This decision, detailed in PSX Notice No.PSX/N-440 dated May 10, 2024, extends the suspension for another 6…
Karachi: The Pakistan Stock Exchange (PSX) has announced the continuation of the suspension of trading in shares of M/s. Mohammad Farooq Textile Mills Limited, extending the measure for an additional 60 days starting July 11, 2024. This decision follo…
Karachi: The Pakistan Stock Exchange (PSX) has announced proposals for significant amendments to its regulations, aimed at enhancing market efficiency and introducing Shariah-compliant brokerage services. The proposed changes, open for public comment …
Karachi: UDL International Limited (“UDLI”) is slated to begin trading on the Pakistan Stock Exchange (PSX) starting Wednesday, July 10, 2024, following its merger with First UDL Modaraba (“FUDLM”). The listing is the culmination of a Scheme of Arrang…
Karachi: Trading at the Pakistan Stock Exchange (PSX) was temporarily halted today after a fire broke out on a floor housing a brokerage firm. The interruption occurred from 10:25 am to 11:25 am, impacting access to the building for several firms.
T…
Karachi: Trading in the Unpaid Rights of Stylers International Limited is set to begin on Thursday, July 11, 2024, following approval by the Pakistan Stock Exchange Limited (PSX). This development is a key step in the issuance of Right Shares as outli…
Karachi: As of 8 July 2024, M/s. JSK Securities Limited has officially transitioned to a Trading Only Securities Broker, conforming to the stipulations of Regulation 5A of the Securities Brokers (Licensing and Operations) Regulations, 2016.
This cha…
Karachi: Trading of the Government of Pakistan (GoP) Ijarah Sukuk will be temporarily suspended this month due to the scheduled first rental payment for both Fixed Rental Rate (FRR) and Variable Rental Rate (VRR) securities, issued earlier this year. …
