News

LSE SPAC-II debuts on PSX main board

Pakistan Stock Exchange (PSX) has notified the listing of LSE SPAC-II Limited (SPAC2), with trading in the company's shares commencing on the Main Board from Monday, July 13, 2026. According to the notice, the shares of LSE SPAC-II Limited will be settled on a T+1 basis, with the first settlement date scheduled for Tuesday, July 14, 2026. The market lot of the company has been fixed at one s

Weekly Market Roundup

The benchmark KSE-100 Index closed the week ended July 10, 2026 at 182,241.78 points, losing 3,130.43 points, or 1.69%, on a week-on-week basis from 185,372.21 points recorded on July 03, 2026. Investor sentiment remained under pressure during the week as escalating geopolitical tensions in the Middle East and fears of potential disruptions to global oil supplies dampened risk appetite. Conc

Pakistan\'s IT sector exports $4.5bn in FY26 amid Asia-Pacific push

Pakistan's IT exports rose to approximately $4.5bn in FY2025-26, up from $3.475bn in the corresponding period last year, as the country's digital export economy entered a more mature and strategically diversified phase. Data compiled by the Pakistan Bureau of Statistics (PBS) shows the sector maintained uninterrupted growth through the year. Beyond traditional software development services,

SECP unveils digital KYC for investors

The Securities and Exchange Commission of Pakistan (SECP) has introduced a digital Know Your Customer (KYC) framework by amending the Anti-Money Laundering Regulations, 2020, making access to capital market and insurance services easier. Under the revised regulations, investors and customers will be able to complete identity verification through their bank account's International Bank Account N