Pakistan Stock Exchange Announces New Regulatory Reforms

Pakistan Stock Exchange Announces New Regulatory Reforms

In a recent development, the Pakistan Stock Market has introduced significant changes to the upper limits of share prices. The Stock Exchange has issued a circular outlining these amendments, which are set to have a notable impact on trading dynamics.

Previously, the share price could increase by a maximum of 7.5 percent in a single day. However, effective from May 27, this upper limit has been raised to 8 percent, providing investors with greater potential returns on their investments.

Furthermore, the stock market will now witness a gradual increase of 0.5 percent in the upper limit of share prices every 15 days. By July 22, the maximum increase in share prices in a single day will be raised to 10 percent, marking a significant shift in trading regulations.

In addition, the circular addresses the pricing dynamics of stocks valued at less than 10 rupees. Such stocks can now increase by up to 1 rupee in a single day, while the maximum decrease in share price remains capped at 7.5 percent.

These regulatory reforms aim to enhance market efficiency and provide investors with greater flexibility in their trading activities. Stay tuned for further updates as the Pakistan Stock Market continues to evolve.