AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Islamabad, The Pakistan Stock Exchange (PSE) has shown a consistent increase in market capitalization and share turnover over the last six months, according to the latest data provided to the Johannesburg Stock Exchange (JSE). The PSE’s market report for March 12, 2024, highlights key financial figures and indices, showcasing the growth trajectory of Pakistan’s main stock exchange.
In September, the listed capital was reported at Rs. 6,885,570.255 million, with a market capitalization of Rs. 1,621.924 million. The turnover of shares was noted at 46,232.590 million for ready shares and 31,158.710 million for future contracts. The KSE 100 Index, based on a base of 1000, and the KSE All Share Index showed positive trends.
October saw a significant increase in listed capital, reaching Rs. 7,551,772.884 million. Market capitalization also rose to Rs. 2,531.777 million. The turnover for ready shares increased to 51,920.270 million, with future contracts turnover at 34,558.220 million, indicating a heightened trading activity.
November’s data revealed a further escalation in listed capital to Rs. 8,729,523.266 million and market capitalization to Rs. 3,686.656 million. Share turnover continued to grow, with ready shares at 60,531.270 million and future contracts at 40,324.280 million.
In December, listed capital peaked at Rs. 9,062,902.809 million, and market capitalization saw a significant jump to Rs. 5,347.305 million. The turnover of shares followed suit, with ready shares at 62,451.040 million and future contracts at 41,916.270 million.
January’s figures slightly adjusted, with listed capital at Rs. 9,073,759.924 million and market capitalization at Rs. 4,167.581 million. The turnover of shares for ready shares was at 61,979.180 million, and future contracts were at 41,892.680 million.
February ended with the listed capital at Rs. 9,225,160.480 million and market capitalization at Rs. 2,884.350 million. The turnover of shares for ready shares increased to 64,578.520 million, with future contracts turnover at 42,840.890 million, marking the highest figures in the reported period.
Faisalabad, Crescent Cotton Mills Limited has scheduled the closure of its transfer books from March 7, 2024, to March 14, 2024. Shareholders should note that the company will be finalizing its registrant list during this period for undisclosed purposes. Further details regarding the objectives of this closure have not been provided. The event will take place in Faisalabad with proceedings beginning at 09:30 AM.