Needless to say, a stock market is a very interesting playground; things change quite quickly and decisively. A few days ago we saw a bearish trend in the market and now the trend has changed to bullish. These were the levels and prices where everyone was selling and leaving the market; now, everyone's back on ...
The three-day subscription for Oil and Gas Development Company Limited’s 21.505 million ordinary shares will open from Thursday. This offer is being made at a price of Rs110 per ordinary share of Rs10 each, inclusive of a premium of Rs100 per share, but excluding the share transfer fee. Application for shares must be made for 500 shares ...
The Lahore Stock Exchange (LSE) has planned mock trading of Unified Trading System (UTS) by the end of current month. “The UTS would be a common platform for trading in commonly-listed securities on a real-time basis through execution of orders entered by members of Lahore and Islamabad Stock Exchanges,” said Hamid M Imtiazi, Managing Director, LSE, ...
After a detailed meeting with the stock exchanges management, the Securities and Exchange Commission of Pakistan (SECP) on Thursday enhanced the CFS limit to Rs 55 billion for Karachi Stock Exchange (KSE); Rs 10 billion for Lahore Stock Exchange (LSE) and Rs 5 billion for the Islamabad Stock Exchange (ISE) from November 6. It also delayed ...
The stocks futures open interest at Karachi Stock Exchange fell during last week, and settled at Rs 15.3 billion on Friday, December 16, as selling in some scrips forced the investors to offload their positions. Futures contract investment fell by Rs 0.75 billion from previous Friday's (December 9) open interest of Rs 16.04 billion. The decline ...
The stocks futures open interest at Karachi Stock Exchange fell during last week, and settled at Rs 15.3 billion on Friday, December 16, as selling in some scrips forced the investors to offload their positions. Futures contract investment fell by Rs 0.75 billion from previous Friday's (December 9) open interest of Rs 16.04 billion. The decline ...
Sponsors of the Javed Omer Vohra & Company Limited (JOV & Co.) appears to have decided to quit the stock business, following sale of their controlling stake to Crescent Standard Brokerage and Investment Services Limited. A notice issued on Tuesday by another corporate member of the Lahore Stock Exchange Dosslani's Securities (Pvt) Limited stated: "Our ...
Lahore Stock Exchange (LSE) and Islamabad Stock Exchange (ISE) have jointly conducted a successful mock-trading session here on Saturday. The information technology (IT) experts of the exchanges said the operational capacity and system topology were measured and subsequently found satisfactory. The successful completion of mock-trading session has further strengthened the merger scheme of two bourses. ...
