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KARACHI: The Pakistan Stock Exchange (PSX) has achieved a significant milestone by surpassing the PKR 1 trillion mark in the issuance of GoP Ijarah Sukuk (GIS). This landmark achievement was reached after the successful conclusion of the 13th GIS auction on September 16, 2024, which raised an additional PKR 207 billion for the Ministry of …
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Karachi: Pakistani equities fell further on Tuesday, as investors remained concerned about the possibility of the Pakistan Stock Exchange (PSX) being included into the Morgan Stanley Capital International (MSCI) index. Today, MSCI will announce Pakistan’s reclassification from Emerging Markets (EM) to Frontier Markets (FM). On November 21, the semi-annual index review, the prospective reclassification is …
