17-08-2004

Listings at Karachi Stock Exchange growing

via www.dawn.com

No fewer than fourteen companies have recently entered the country’s capital market. That marks a giant leap forward, when compared with just about 15 companies that sought to mobilize funds from equity offerings in the past four years, combined.

A handful of companies that have come forward now are those that have made equity offers to add to their already listed capital. But others are new companies that have asked investors for cash in Initial Public Offerings (IPOs)…