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Unfazed by Covid-19, fund raising for public issues jumped by 115% in FY21

Unfazed by Covid-19, fund raising for public issues jumped by 115% in FY21 April 14, 2021 Right issues saw an increase of 15% Pandemic does not seem to have affected fund mobilisation through capital market as Financial Year 2020-21 (FY 21) saw resources raising through public issue more than doubled. Mutual fund and corporate bond market also registered good growth; a Finance Ministry statement released on Wednesday. โ€œDespite the uncertainty prevailing in FY 2020-21 owing to Covid-19 pandem...
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Pakistani Companies Raised Rs. 35.4 Billion Through IPOs and Right Issues in 2020

Pakistani Companies Raised Rs. 35.4 Billion Through IPOs and Right Issues in 2020 Pakistani companies raised Rs. 35.4 billion via initial public offerings (IPOs) and Rights from the stock market (PSX) in 2020. This is approximately the same as compared to Rs. 35.7 billion raised in 2019, said a report released by the brokerage house Topline Securities on Wednesday. According to the report, four IPOs and fourteen Right Issues took place at the Pakistan Stock Exchange (PSX) in 2020. The bourse wi...
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