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News and Highlights of the Week: 11 May – 16 May 2020

PSX News and Highlights of the Week are back with its latest edition. Without further ado, let’s get started, shall we!

11th May 2020:

The PSX Growth Enterprise Market Webinar went live via Zoom. The Webinar was conducted by Asmaa Malik from Listing Department. PSX announced the availability of the webinar PPT for anyone who wanted it, via email. Requests could be made at info@psx.com.pk.

12th May 2020:

Announcement made for Hope A Thon, in support of Akhuwat Corona Relief Fund. PSX social media fans joined Hope A Thon live with Pakistan’s top corporate and thought leaders on Saturday May 16, 2020.

13th May 2020:

Pakistan successfully retained its May 2017 upgraded status in the global MSCI Emerging Market (EM) Index and averted the chances of being downgraded to Frontier Index in its semi-annual review on Wednesday. Link

 

13th May 2020:

PSX published Urdu Article on what are ETFs, how are they traded and more. This article, and many more can be accessed at PSX.com/blog.

Read the ETF Article at: https://bit.ly/2YTzkXU

 

14th May 2020:

PSX announces the listing of BankIslami Pakistan Limited (BIPL) Ehad Sukuk Certificates with effect from May 14, 2020 whereas trading in the same commenced from May 15, 2020.

 

14th May 2020:

Press Release was circulated as BankIslami Ehad Sukuk Certificates got listed on PSX. The trading commenced on 15th May 2020.

Read More: https://bit.ly/2Zi58Ws

 

15th May 2020:

BankIslami Pakistan’s Ehad Sukuk Gong Ceremony took place at PSX. MD PSX, Mr. Farrukh H Khan, CFO BankIslami, Mr. Sohail Sikandar, Head of Investment Banking BankIslami, Mr. Haris Munawar, representative of Next Capital, JS Global, and select team members joined the Gong Ceremony at PSX as the listing of BankIslami Pakistan Limited’s Ehad Sukuk Certificates was announced.

16th May 2020:

MD PSX, Farrukh H Khan went live via Webinar, speaking on, “Surviving Corona, Coming out Stronger.” You can watch the webinar on PSX’s YouTube channel.

 

– End of News and Highlights of the week –

 

About News and Highlights of the Week

“News and Highlights of the Week” is PSX latest initiative that covers all the major news and updates from PSX as well as from the world of economics as a whole. If you are not active on social media on a day to day basis, our News and Highlights of the Week series will give you the opportunity to check what happened through the whole week within a minute or two of reading. Be sure to bookmark PSX blog’s URL in order to be able to come back each week for the latest news & highlights. If you want to read the news and highlights in Urdu, PSX has got you covered on that too. You can visit the Urdu section of PSX blog and navigate to the News and Highlights of the week you want to read.