How to Invest in the Pakistan Stock Exchange
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The Pakistan Stock Exchange (PSX), formerly known as the Karachi Stock Exchange, was created when exchanges in Karachi, Lahore and Islamabad were merged by the Pakistan government. The PSX is now the only stock exchange in Pakistan. With 546 companies listed, the exchange has a total market capitalization of approximately $50 billion. Investing overseas can enhance your investment portfolio, but before you take such a step consider working with a financial advisor who’s familiar with global exchanges.
PSX History
The Karachi Stock Exchange began operations in 1947 as the first stock exchange in Pakistan. In 1970 the Lahore exchange was established and in 1989 another exchange began in Islamabad. In 2016 the two newer exchanges were merged into the Karachi Stock Exchange and the entity was renamed the Pakistan Stock Exchange. Despite the name change, the major index tracking Pakistani stocks is still called the KSE 100.
OGDCL s Profits Decline by 20 5% in H1FY21 propakistani.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from propakistani.pk Daily Mail and Mail on Sunday newspapers.
TME, OGDCL sign MoU
February 12, 2021
Islamabad : The Millennium Education (TME), Pakistan signed a Memorandum of Understanding with Oil & Gas Development Company Limited OGDCL Pakistan, says a press release.
The meeting was chaired on behalf of OGDCL by Jamal Nasir, Manager in-charge (HR) OGDCL and Chaudhry Faisal Mushtaq CEO The Millennium Education, and their colleagues.
The main objective of this Memorandum of Understanding is to promote academia industry linkages, corporate outreach and collaborations, and professional development. Both organisations mutually agreed to enhance cooperation in many areas including privileged education benefits for OGDCL employees nationwide and community support initiatives.
TME offered customised ‘privileged’ charges for the employees of OGDCL across the spectrum of institutions of RMS, Millennium Colleges, Future World Schools, The Little Millennium and TMUC.
Minister declares IPPs as ‘land mines’
Ayub informs NA annual capacity payments to reach Rs1,455 billion in 2023
ISLAMABAD:
Minister for Power Division Omar Ayub Khan on Thursday alleged that the Sindh government was backing certain influential people in electricity theft activities in the province.
Answering a question in the National Assembly, the minister said the Sindh government not only supported some influential people involved in power theft but also created hindrances in the registration of cases against them.
Ayub said the annual capacity payment to the Independent Power Producers (IPPs) was Rs185 billion in 2013, Rs468 billion in 2018 and Rs860 billion in 2020, and it would reach Rs1,455 billion in 2023.