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SECP Registers 2,220 New Companies in July

The Securities and Exchange Commission of Pakistan (SECP) registered 2,220 new companies in July 2023, a 25 percent increase from the previous year.The total capitalization for these companies was Rs. 3.3 billion. The total number of registered compan…

Plot for Sale in Park View City Islamabad: A Comprehensive Guide

Are you searching for an exceptional real estate investment opportunity in the heart of Islamabad? Look no further than Park View City Islamabad. This privately commissioned housing society, surrounded by the stunning Margalla Hills, offers an exquisi…

Rupee Ends Week With Heavy Losses Against US Dollar

The Pakistani rupee fell 2nd day in a row against the US Dollar during intraday trade today after opening trade at 287 in the interbank market.At 12 PM, it was bearish, falling as low as 289 after losing ~Rs. 1 against the greenback.Later, it dropped …

Debt-Ridden PIA Likely to Suffer Rs. 112 Billion Loss in 2023

Debt-ridden Pakistan International Airlines (PIA) is projected to lose Rs. 112 billion in 2023 after incurring Rs. 80 billion losses the previous year, the national flag carrier’s CEO Air Vice Marshal Amir Hayat said during a news conference.Hayat sai…

Symmetry Group IPO Oversubscribed 1.56 Times

The book-building process of Symmetry Group Limited’s (SGL) Initial Public Offer (IPO) has concluded with an oversubscription of 1.56 times, according to Topline Securities.Topline Securities CEO Mohammed Sohail said in a tweet that this offering is l…

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