KARACHI: The Pakistan bourse is likely to attract huge investments, as the KSE-100 is expected to reach 55,000 points by December 2022, a research report by Arif Habib Limited (AHL) showed. “A total of eight equity IPO [initial public offerings] transactions were witnessed in 2021 aided by a stark turnaround in the economy post Covid-19. … Read more
The number of equity investors in Pakistan declined in the last few years As the stock market is not the reliable indicator of the strength of the economy, oversubscribed initial public offerings (IPOs) also do not reflect the growth and depth of the equity market. Surprisingly, the total number of investors participating in the IPOs … Read more
KARACHI: The Pakistan Stock Exchange (PSX) witnessed another positive development, as the gong ceremony for the Initial Public Offering (IPO) of Citi Pharma Limited (CPL) was held on Monday, making it the first company to be listed at the bourse in 2022, a statement issued by the stock exchange said. The Citi Pharma was listed … Read more
KARACHI: Pakistan-based Citi Pharma Limited plans to raise up to Rs2.8 billion by offering a 35 per cent stake to institutional and ordinary investors in an initial public offering (IPO) on the Pakistan Stock Exchange (PSX), a statement said on Friday. The book-building phase of the IPO will be held on June 15 and 16 … Read more
