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Global Organic Food And Beverage Market | Organic Beverage Market Is Expected To Reach Over A Value Of USD 30 Billion By 2026
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Organik yiyecekler Pazar Büyüklü?ü 2021 Sektör Pay?, Gelecek Talepler, Pazar Potansiyeli, Tüccarlar, Bölgesel Genel Bak?? ve 2026 ya Kadar SWOT Analizi – Haber Radikal
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Low Calorie Food Market Next Big Thing | Major Giants Galam, Pepsico, Zydus wellness
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Firms raise Rs35b via share offers
Four new companies went public while 14 issued right shares
Their families continue to live under deplorable conditions. PHOTO: MARIAM ESSA/EXPRESS
Pakistani companies have raised interest-free investment worth Rs35.4 billion through the offer of shareholding to corporates, rich and retail investors at the Pakistan Stock Exchange (PSX) during the outgoing year 2020, according to a brokerage-led research house on Wednesday.
The stock market welcomed four new firms whose shares became available for trade among investors. “PSX witnessed four initial public offerings/IPOs (including preference share listing) in 2020 in sectors like steel, meat processing, telecom and chemicals. Together these companies raised Rs8.4 billion,” Topline Research reported.
Pakistani Companies Raised Rs. 35.4 Billion Through IPOs and Right Issues in 2020
Pakistani companies raised Rs. 35.4 billion via initial public offerings (IPOs) and Rights from the stock market (PSX) in 2020. This is approximately the same as compared to Rs. 35.7 billion raised in 2019, said a report released by the brokerage house Topline Securities on Wednesday.
According to the report, four IPOs and fourteen Right Issues took place at the Pakistan Stock Exchange (PSX) in 2020. The bourse witnessed four IPOs (including are preference share listing) during the year in spite of the COVID-19 outbreak, where the cumulative amount raised clocked in at Rs. 8.4 billion. The number of equity IPOs this year, is the highest in the last five years.