News and Highlights of the Week: August 08 – 16, 2020
There’s a lot that happened this past week at PSX, most of which has been very positive. Let us take you through the entire week with our latest “News and Highlights of the Week” blog. Let’s begin, shall we!
August 10, 2020
It was anticipated that the private sector credit distribution will pick up higher demand if the concessional financing is approved, rebound in exports takes place and the low base of credit in the last fiscal year occurs this year as well. Read more here: https://bit.ly/2DLU2k2
August 10, 2020
Investors and shareholders expected the revival of economic activity as revenue collection increased, car sales grow and cement dispatches rise. The KSE-100 Index had also managed to increase by 12,937 points in last 5 months. More at this link: https://t.co/YCTLW2eoj4?amp=1
August 10, 2020
PSX holds a session for potential and existing investors that will give them insightful knowledge about stocks and their red flags.
August 11, 2020
The United Arab Emirates expressed interest to invest in development projects in Pakistan. More at: https://t.co/4MLcrhmOAx?amp=1
August 11, 2020
The Second month of FY21 witnessed net inflow of US$ 4.453 million in short-term government securities – T-bills. More at: https://t.co/rguf57f2Ia?amp=1
August 12, 2020
Gong ceremony took place to celebrate the successful listing of TPL Trakker Ltd. Participants from TPL Trakker, PSX and market participants related to the issuance & listing joined the ceremony.
August 17, 2020
PSX dropped the reminder for next day’s webinar: “Understand the capital market’s ecosystem”. The webinar then took place on August 18th at 3 PM on PSX Facebook page as well as through exclusive sign-ups.
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 Week
“News and Highlights of the Week” is PSX’s 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 out 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.