News and Highlights of the Month: July 2020
Here’s another edition of PSX News and Highlights of the month, for July 2020. Let’s jump in and read what happened this past month in the world of finance and economics and at PSX.
July 10
PSX and CDC announce CDC’s latest Webinar on 10th July, 2020 at 5:00 PM. The opportunity is for learning how to subscribe your shares electronically for the Organic Meat Company Limited using CDC’s Centralized eIPO System.
July 10
PSX in collaboration with KASB Securities provides an insight into how to invest in stocks, stock analysis & top 10 stocks of 2020.
July 10
IMF predicts that Pakistan is expected to stand back on its feet by the FY 2021 as the federal government easies the lockdown in provinces leading to reopening of the economy.
July 10
PSX announces its latest webinar on “how to improve investor relations in just 10 Steps”. The webinar primarily focuses on listed companies and TREC Holders.
July 10
Pakistan Stock Exchange announces that it will return to standard operating hours from Monday July 13, 2020. The Designated Time Schedule (DTS) can be seen in the Press Released.
July 10
Join PSX’s latest webinar announced and to be taken place on July 16 at 4 PM with Mr Simon Chishlom as speaker & Mr Ali Farid as the moderator.
July 10
Organic Meat Company book building gets completed.
July 14
SECP offers people to learn about revamping of securities act and futures market act through their latest Webinar. Date and time: July 14th, 2:30 – 4:30 PM.
July 14
PSX makes Webinar Announcement for SECP as it brings a session on Growth Enterprise Market and Concept of Shelf Registration. Scheduled on July 17, 2020 at 3.30 p.m.
July 15
Pakistan and Hungary signed a ‘Convention for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to taxes on income’.
July 17
TPL Trakker is set to be the second IPO of the year 2020. Subscription dates are 22nd & 23rd July 2020.
July 19
PSX makes Webinar Announcement for “Webinar on KE Sukuk”. Date and Time: 21 July, 2020 – 3 PM. The webinar is free for anyone to join.
July 20
Another consecutive win for the third week for PSX. Bulls show tremendous performance settling at 37,331 points.
July 20
TPL Trakker set to raise RS 1.4 billion in IPO. Subscribe below for dates 22nd and 23rd July, 2020!
July 21
Investors to keep investing fresh funds in PSX as bulls hit victory for another day in their fourth consecutive week with the KSE-100 index settling at 37,650.57.
July 21
PSX in compliance with its vision, introduces the PSX Rulebook under the Securities Act, 2015 Future Market Act, 2016 and Alignments with Companies Act, 2017.
July 22
The government raises Rs199.4 billion by the auction of fixed-rate Pakistan Investment Bonds (PIBs) on Tuesday.
July 24
CFO club in collaboration with IBP and AWT Investments presents you a webinar on the Corporate Governance in Pakistan with Chief Operating Officer, PSX, Mr. Nadir Rehman and other panelists. Date and time: July 27th, 8 pm PST.
July 24
Pakistan signs loan agreements with World Bank and Asian Infrastructure Investment Bank worth $750 million to disburse for covid-19 crisis budget.
July 27
PSX rallies for fifth successive week. The KSE-100 index reported gains of 276 points to close at 37,608 points in the outgoing week.
July 29
PSX makes another record. Highest volume 707.1 million for the year 2020.
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.