Business

New PSX Listings Rally as Much as 179% in Early Trade

The Pakistan Stock Exchange (PSX) has recorded strong activity in the latest period, with 13 new listings and an average post-listing return of around 47 percent, according to market data.

According to a statement by the main bourse, several newly listed companies delivered significant gains, with some stocks rising as much as 179.5 percent, while most others posted double-digit returns across different sectors.

The listings reflected participation from a range of industries, including technology, financial services, agriculture, and real estate, adding further diversity to the market.

Ad Powered By Advergic
Loading ad . . .
Ad - Continue scrolling to read

Market performance indicators suggest that recent initial public offerings (IPOs) have generally generated positive returns for early investors, contributing to increased trading activity.

Share
Published by
Business Desk