SLGL Archives | The Biz Update

Revival of the IPO Market in Pakistan

The Biz Update3 weeks ago3 weeks ago03 mins

KARACHI, October 28 2024: The Initial Public Offering (IPO) market in Pakistan is experiencing a noteworthy resurgence in the calendar year 2024, bolstered by a more favourable economic climate and robust performance on the stock market, according to analysts. Key macroeconomic indicators such as a declining inflation rate, easing monetary policy, a stable currency, and…

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

The Biz Update4 weeks ago4 weeks ago03 mins

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…