Psx when issued

The vendor and PSX team are working on the resolution of delays in updation of trade logs and expect to implement some changes on Friday and the rest before market open on next Monday. We are in constant touch with SECP and the brokers, and are working in full coordination with them to resolve all issues.

PSX has appreciated the understanding and patience of brokers, investors and SECP as we work through the issues and deliver NTS, which is critical for the growth of Pakistan's capital markets.

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The issuer has profitable track record for at least 2 preceding financial years from its core business activities. Why companies seek listing on PSX instead of simply borrowing funds from financial institutions? Conventional sources of financing include raising capital from existing shareholders and borrowing from financial institutions to which companies have to pay interest, even if they face business loss. Because PSX-listed companies source their capital funding directly from the shareholding public, these shareholders receive returns on their investment as dividends only when firms are profitable.

Whenever listed companies need to raise capital for expansion, they are able to issue additional shares and offer them to the public. However, consideration to the marketplace is the main factor. Answer: You can request specific trading symbols and we will try to accommodate your choices. Symbols previously used by other issuers cannot be reassigned.

These benefits directly impact your bottom line and improve earnings. Answer: No. Many companies structure their offerings so that after the initial offering, the owner s still have control. If the shares held by the public are widely distributed, management may maintain effective control, even when it owns less than 50 percent of the shares.

Answer: The listing process is not really complicated. A company wishing to apply will be provided with a list of financial advisors who can assist with its preparations. Initial review of your Company and necessary due diligence to ensure compliance with the PSX regulations for listing. Answer: It is an official document prepared by the consultant for the potential investors which contains Risk factor, floor price, and the necessary information requires by the investors.

It initially had 83 members and was housed in a rented building in the crowded Bank Square area of Lahore. The LSE was the first stock exchange in Pakistan to use the internet. Yet another stock exchange known as Islamabad Stock Exchange was established in Islamabad, the capital city of Pakistan on October 25, with the main object of setting up of a trading and settlement infrastructure, information system, skilled resources, accessibility and a fair and orderly market place that ranks with the best in the world and to cater to the needs of less developed areas of the northern part of Pakistan.

It was licensed as a stock exchange on January 7, All these three exchanges had separate management, trading interfaces, indexes, listing criteria etc and thus had no mutual links to each other. All three exchanges were previously operating as a non-profit organizations with mutualized structure wherein there respective members had trading as well as ownership rights.

This structure inherently created conflict of interest and perceived to jeopardize the investors' interest. As a result these three exchanges were merged together to form a new combined exchange called Pakistan Stock Exchange Limited PSX which started its operations on January 11, under this new title.

As envisaged under the provisions of the Demutualization Act, regulatory functions have been segregated from commercial functions of PSX, so that regulatory functions are not compromised for achievement of commercial objective of generating revenue.

The premises is known as Stock Exchange Building. As on November 11th, there are companies listed in PSX and the total market capitalization is Rs.