Karachi: Pakistan Stock Exchange Limited has approved the formal listing and quotation of the units of Meezan Fixed Term Fund, an Open-End Mutual Fund, effective from Monday.
The formal listing will allow investors to trade units of the Meezan Fixed Term Fund directly on the Exchange, potentially enhancing the liquidity and accessibility of this mutual fund to a broader investor base. According to information available from the Pakistan Stock Exchange (PSX), this decision marks a significant step for the Exchange as it aims to diversify the types of financial instruments available to market participants, providing them with more investment opportunities.