Strong IPO activity boosts Pakistan Stock Exchange performance

KARACHI: The Pakistan Stock Exchange (PSX) has outperformed regional markets despite prevailing regional tensions, according to an official statement.

The statement said the strong momentum in initial public offerings (IPOs) reflects rising investor confidence in the capital market.

From January to June, approvals were granted for 10 IPOs on the exchange, it added.

These IPOs collectively raised more than Rs 20 billion from the market, the statement said.

In the first half of 2026, IPOs of nine companies have already been completed, covering sectors including manufacturing, petroleum and technology.

Among major listings, Service Long March Tyres raised Rs 7.77 billion, while Searle Petroleum secured Rs 4.83 billion. Ghani Dairies also mobilized Rs 3.44 billion through its market debut.

The SECP Chairman said efforts are underway to further simplify the listing process and make the market more accessible to the general public.

He added that expanding the investor base and positioning the capital market as a driver of economic growth remains the key objective.