Tag Archives: Investment

Zarea Limited’s IPO: A Major Step Towards Digital Transformation Zarea Limited (ZL), a business-to-business (B2B) e-commerce platform, applied for listing on the Pakistan Stock Exchange (PSX) on Monday. The company aims to raise at least Rs1 billion through an initial public offering (IPO) of 62.50 million shares, priced at a minimum of Rs16 per share. This offering is open to …

KSE-100 Index Hits New Record at PSX The Pakistan Stock Exchange (PSX) continued its upward momentum on Wednesday, with the KSE-100 Index surpassing 87,000 points for the first time. The index closed at an all-time high of 87,194.53 points, marking a gain of 727.96 points or 0.84%. During the day, the index touched a record intra-day high of 87,309.22 points, …

Gold Prices Increase in Local Markets Gold prices in the local market have seen a modest increase. The price of 24-karat gold per tola has risen by Rs200, reaching Rs275,700. Meanwhile, the price of 10 grams of gold increased by Rs171, settling at Rs236,368. This follows a larger price hike seen just the day before when gold prices surged by …

Pakistan to Seal $2 Billion Agreements with Saudi Delegation Prime Minister Shehbaz Sharif announced that Pakistan will sign agreements worth $2 billion with an upcoming Saudi delegation. The announcement was made during a federal cabinet meeting on Tuesday. Saudi Delegation’s Visit and Objectives The Saudi delegation, led by Minister for Investment Khalid Bin Abdulaziz Al-Falih, will visit Pakistan from October …

BF Biosciences Limited (BFBL), a prominent player in the pharmaceutical sector, is preparing for a significant move by applying for a listing on the main board of the Pakistan Stock Exchange (PSX). The company aims to raise a minimum of Rs1.37 billion through its Initial Public Offering (IPO), offering 25 million shares to institutional, high net worth, and individual investors. …

The international bullion market saw a rise in gold prices on Monday, with the price of gold per ounce increasing by $4 to reach $2,390. This uptick in global prices has led to a corresponding rise in local gold markets. In Pakistan, the price of 24-karat gold per tola rose by PKR 200, reaching PKR 252,700. The price of 10 …

The Pakistan Stock Exchange (PSX) witnessed a significant surge in sentiment on Monday, with the benchmark KSE-100 index gaining over 400 points during intra-day trading. As of 2:04 pm, the benchmark KSE-100 index stood at 45,714.56, marking an impressive increase of 401.91 points or 0.89%. The previous week had seen the PSX facing considerable pressure, characterized by a sharp decline …

Samsung Electronics, the South Korean tech giant, reported a staggering 95% year-on-year decrease in operating profits for the last quarter, primarily attributed to an oversupply of memory chips, leading to plummeting prices despite production cutbacks. However, the company managed to exceed analysts’ earnings predictions, showcasing its resilience in a challenging market. For the quarter ending June 30, Samsung registered sales …

Introduction: When it comes to making investment decisions in financial markets, traders and investors often rely on different methods to analyze the potential of assets. Two primary approaches dominate the world of trading: technical analysis and fundamental analysis. Both methods aim to provide insights into the market, but they have distinct philosophies and strategies. In this blog post, we will …

Introduction: As an investor, understanding key financial ratios is crucial for making informed decisions in the stock market. One such important ratio is the Price-to-Book Value (P/B) ratio. In this blog post, we will delve into the concept of P/B ratio, its significance in stock investing, and explore the top 10 stocks with attractive P/B ratios listed on the Pakistan …