The government moved forward with its new capital market plan on Friday as Finance Minister Muhammad Aurangzeb vowed to build vibrant and inclusive markets. He said strong and modern markets are essential for savings, investment and long-term economic stability. The minister stressed that improving the capital market will support growth and help more people participate […]
NCCPL
SECP unveils new book-building system to modernize capital markets
KARACHI– The Securities and Exchange Commission of Pakistan (SECP) announced on Tuesday that it has approved a new book-building mechanism to modernize the country’s capital markets, promote fair pricing, and enhance transparency in public offerings. Under the revised framework, securities brokers, banks, development finance institutions (DFIs), and mutual funds will be able to participate directly […]