Here’s another edition of PSX News and Highlights of the month. Let’s jump in and read what happened this past month in the world of finance and economics and at PSX.
June 2
The inflation rate eased for the fourth successive month and stood at 8.2% in May 2020 despite a seasonal spike in prices of essential food items, Pakistan Bureau of Statistics (PBS) reported.
June 12
PSX urges the nation to join hands together and fight against Child Labor in Pakistan on the World Day Against Labor Day.
June 12
Federal Minister for Industries and Production Hammad Azhar unveils corona-influenced budget in a special session of the National Assembly.
Jun 25
Mr. Nadir Rahman joins Pakistan Stock as Chief Operating Officer.
Jun 25
Pakistan receives $1 billion in fresh loans from two international financial institutions for overcoming the shortfall in budgeted expenditures, mainly on health and socio-economic fronts, and to better fight the coronavirus pandemic.
Jun 25
Mettis Global invited CEO PSX, Mr. Farrukh H Khan to share his insights in a webinar for managing Pakistan’s debt during and after the pandemic crisis being faced.
Jun 25
PSX’s latest webinar takes place on “IPO of The Organic Meat Company Limited, issuance and subscription of the company’s stocks”.
Jun 26
Pakistan aims to generate 30% of its electricity from renewable energy sources by 2030 such as wind, solar, biomass and small-scale hydro.
Jun 26
PSX shares details on “Shariah Compliant Investments” webinar via its latest blog. If you missed this webinar or any other, you can read about them on PSX Blog or watch the recordings of all webinars on Pakistan Stock Exchange’s YouTube Channel.
Jun 29
A group of terrorist storm in to Pakistan Stock Exchange, but eradicated under 12 minutes, thanks to LEAs. The market continued to operate normally during the incident. An attack on PSX, means an attack on Pakistan’s Economy.
Jun 29
“Grateful to God & security personnel who so bravely, & with their lives, saved so many people. We owe them a debt of gratitude. I applaud the PSX team, brokers & investors for keeping the market functioning.” Said MD PSX Mr. Farrukh H Khan.
This wraps up our last week’s news and highlights blog. For more, please re-visit our blog next week!
About News and Highlights of the Month
“News and Highlights of the Month” 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 Month series will give you the opportunity to check what happened through the whole month 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 and greatest. If you want to read the news and highlights in Urdu language, PSX has got you covered for that too. You can visit the Urdu section of PSX blog and navigate to the respective month’s ‘News and Highlights of the month’ blog.