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  • What's common between Pakistan and Bangladesh stock exchanges? China has a stake in both

    What's common between Pakistan and Bangladesh stock exchanges? China has a stake in both

    In March 2017, a consortium comprising of entities from China and Pakistan acquired a 40 percent stake in Pakistan Stock Exchange. A year later, a Chinese consortium acquired 25 percent stake in Dhaka Stock Exchange.

  • Pakistan stock market briefly halts trading as KSE-30 index plunges 7.2%

    Pakistan stock market briefly halts trading as KSE-30 index plunges 7.2%

    Since the Pahalgam terror attack on April 22, KSE 100 has fallen nearly 13 percent while KSE 30 has crashed around 14 percent so far.

  • Pakistan stock exchange plunges over 8,000 points, trading gets halted briefly

    Pakistan stock exchange plunges over 8,000 points, trading gets halted briefly

    Financial analysts blamed the fear of a global recession for the massive fall in the stock exchange. Even after a cooling period of one hour, the PSX lost another 2,000 points when trading resumed, resulting in a record 8,600 points drop in intraday trade

  • Fire breaks out at Pak Stock Exchange building in Karachi; no loss of life reported

    Fire breaks out at Pak Stock Exchange building in Karachi; no loss of life reported

    The fire initially broke out on the fourth floor of the building housing offices of the Ali Habib Trading Company

  • Pakistan Senate passes resolution seeking delay in Feb 8 elections

    Pakistan Senate passes resolution seeking delay in Feb 8 elections

    However, Information Minister Murtaza Solangi and three-time Prime Minister Nawaz Sharif's Pakistan Muslim League-Nawaz (PML-N) party opposed the move.

  • Pakistan stock exchange loses over 1,700 points amid speculation of hike in interest rate

    Pakistan stock exchange loses over 1,700 points amid speculation of hike in interest rate

    Caretaker Prime Minister Anwaar ul Haq Kakar had more depressing news for the market on August 31 when he made it clear that the government would fulfil Pakistan's agreements with multi-financial institutions at any cost and there was no room for deviations.

  • Pakistan stock exchange witnesses highest single-day point surge after IMF deal

    Pakistan stock exchange witnesses highest single-day point surge after IMF deal

    On Monday, the Pakistan Stock Exchange closed at 43,899 points, up 2,446.32 points from Friday’s close of 41,452.68.

  • Pakistan's policy continuity in doubt, says Moody's

    Pakistan's policy continuity in doubt, says Moody's

    The New York-based credit rating agency forecast a stable outlook for Pakistani banks and estimated the country's gross domestic product (GDP) growth rate to remain between three and four per cent.

  • Pakistan PM Imran Khan says 'no doubt' that India was behind Karachi stock exchange attack

    Pakistan PM Imran Khan says 'no doubt' that India was behind Karachi stock exchange attack

    Pakistan Prime Minister Imran Khan said there had been intelligence reports warning of attacks in Pakistan and he had informed his cabinet about the threat.

  • Pakistan Stock Exchange attack was to simultaneously target Pakistan's economy and China: BLA

    Pakistan Stock Exchange attack was to simultaneously target Pakistan's economy and China: BLA

    Four heavily armed militants on Monday made a brazen attempt to take over the Pakistan Stock Exchange (PSX) building here, killing three security guards and a police officer before being shot dead by security forces.

  • China acquires strategic 40% stake in Pakistani stock exchange

    China acquires strategic 40% stake in Pakistani stock exchange

    A consortium led by Chinese firms has signed a strategic agreement to acquire 40 per cent equity of Pakistan Stock Exchange for USD 85 million, in a move aimed at mobilising funds for the USD 46-billion CPEC project and facilitating China's entry into the Pakistani capital market.

  • China to fund 4,000 MW power transmission line in Pakistan

    China to fund 4,000 MW power transmission line in Pakistan

    The high-capacity transmission line will be the first of its kind in Pakistan and will link Matiari town in the south, near a new power station, to Lahore city in the east, a key link in transmission infrastructure, the Pakistani government said.

  • Chinese-led consortium eye 40% stake in Pakistan Stock Exchange

    Chinese-led consortium eye 40% stake in Pakistan Stock Exchange

    Three Chinese exchanges have come forward to buy 40 percent stake in Pakistan Stock Exchange, reports Reuters. This consortium of bourses will be offering Rs 28 (USD 0.27) per share to buy the aforementioned stake, Reuters reports, quoting a statement and the bourse's top official.

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