10 new IPOs at PSX on the cards: Asad Umar

Author:

Federal Minister for Planning, Development and Special Initiatives, Asad Umar has said that strong earnings being reported by companies listed on Pakistan Stock Exchange (PSX) reflect the achievement of economic stability. In a tweet on Sunday, Asad Umar said that the country’s economy is moving into the growth phase. He said a record 10 new IPOs are also being planned by companies for listing on stock exchange this year.

Separately addressing a reception arranged by Pakistan Tehreek-e-Insaf Youth Wing and Insaf Students Federation in Hyderabad, Asad Umar called upon party workers to start preparations for next year’s local government elections in Sindh. He said Prime Minister Imran Khan considers the youth as the future of Pakistan.

Criticizing the alliance of opposition parties, Asad Umar said they looted and plundered the national exchequer and now united to save themselves from accountability.

Referring to the incident took place at the mausoleum of Quaid-e-Azam Muhammad Ali Jinnah in Karachi, he said those, who violated the sanctity of the mausoleum of the father of the nation, must apologies to the nation.

Asad Umar said the federal government would extend all-out support for development of Hyderabad as it is the second largest city of Sindh. The federal minister assured the participants that he would try his level best to resolve the issues being faced by people of Hyderabad.

Share
Leave a Comment

Recent Posts

  • World

Trump names trade envoy, top economic advisor to fill policy team

Donald Trump on Tuesday named Jamieson Greer his trade representative, a key figure in implementing…

17 seconds ago
  • World

China investigates defence minister for corruption: report

Chinese Defence Minister Dong Jun has been placed under investigation for corruption, a report said…

41 seconds ago
  • Pakistan

Gandapur, Bushra Bibi Resurface at KP Assembly Speaker’s Residence Amid Political Turmoil

Former Khyber Pakhtunkhwa Chief Minister Ali Amin Gandapur and Bushra Bibi, wife of PTI founder…

14 hours ago
  • Top Stories

Trump’s team signs formal transition agreement with Biden administration

US President-elect Donald Trump's transition team has officially signed a memorandum of understanding with the…

15 hours ago
  • Pakistan

Pak-US relations have huge potential to grow: US experts

Relations between Pakistan and the U.S. have the potential to grow and scale up in…

15 hours ago
  • Pakistan

Imran calls for ‘fight till the end’ as govt rules out talks

Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan has lauded his party's supporters in Islamabad and D-Chowk,…

1 day ago