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PSX Formally Launched “Property” Sector for Non-REIT Real Estate Companies

admin-augaf by admin-augaf
August 10, 2022
in Business, Finance, National, News
Reading Time: 1 min read
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Karachi August 10 2022: Pakistan Stock Exchange (PSX) has formally launched a new sector, “Property”, for non-REIT real estate related listed companies.

This addition takes PSX closer to a better and improved reflection of the listed companies in representing relevant economic activity. This is an attempt to distinctly
represent the important element of real estate and construction in Pakistan Stock Exchange.

The addition of this sector increases the number of sectors on PSX to 36.

SymbolCompany NamePreviously Reported Sector
JVDCJavedan Corp. LtdCement
PACEPace (Pak) Ltd.Miscellaneous
TPLPTPL Properties LtdMiscellaneous

In light of above three companies are to be quoted under Property Sector.

Tags: Javedon CorporationPACEpakistan stock exchangePSXReal EstateTPL PROPERTIES
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