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IPO

Record Equity Raising in 2024: 5 IPOs and 2 IOs Highlight a Thriving Market

KARACHI, October 26 2024: In a remarkable turnaround for Pakistan’s capital markets, 2024 has witnessed a substantial revival in Initial Public Offerings (IPOs), with five companies raising a total of PKR 8 billion. This resurgence has been fueled by a favourable economic environment and robust Pakistan Stock Exchange (PSX) performance. The positive macroeconomic indicators including…

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TEXPO

TEXPO 2024: Day 2 Highlights

KARACHI, October 25 2024: On the second day of TEXPO 2024, the excitement and energy of the event continued to flourish as foreign delegations from Turkey, Russia, Nairobi, Ghana, and Sri Lanka engaged in meaningful discussions with Zubair Motiwala, Chief Executive of the Trade Development Authority of Pakistan (TDAP), and Sheryar Taj, Secretary TDAP. Their…

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SBP

Governor SBP briefed global investors on improvements in Pakistan’s economy

KARACHI, October 25 2024: Governor SBP, Jameel Ahmad, met delegates from international rating agencies and key global investors during the events hosted by leading financial institutions, including Standard Chartered, JP Morgan, Bank of America, and Jefferies, on the sidelines of the 2024 IMF-World Bank annual meetings in Washington, DC. The Governor provided an overview of…

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