{"id":87887,"date":"2022-08-11T12:33:52","date_gmt":"2022-08-11T07:33:52","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=87887"},"modified":"2022-08-11T12:34:45","modified_gmt":"2022-08-11T07:34:45","slug":"pakistan-real-estate-representation-psx","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/pakistan-real-estate-representation-psx.html","title":{"rendered":"Pakistan real estate, construction industry gets representation in PSX"},"content":{"rendered":"\n<p>Karachi: The Pakistan Stock Exchange (PSX) on Wednesday (August 10) enlisted the real estate and construction industries under a new category for trading stocks, news sources reported. The new category \u2018property\u2019 will comprise all non-Real Estate Investment Trust (REIT)- related listed firms.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/psx-seven-new-reits-trading.html\" data-type=\"post\" data-id=\"87842\" target=\"_blank\" rel=\"noreferrer noopener\">PSX to enlist seven new REITs for trading<\/a><\/p>\n\n\n\n<p>According to reports, the PSX has established its 36th and latest category to allow real estate firms to trade their shares. Previously, these firms were classified as miscellaneous or belonging to the building and cement industries. Under the newly constituted category, the PSX has listed the following three businesses :<\/p>\n\n\n\n<p>\u25cf \u00a0 \u00a0 <a href=\"https:\/\/www.zameen.com\/news\/karachi-feature-3k-apartments-mortgaged-20yrs.html\" data-type=\"post\" data-id=\"77752\" target=\"_blank\" rel=\"noreferrer noopener\">Javedan Corporation<\/a> Ltd<\/p>\n\n\n\n<p>\u25cf &nbsp; &nbsp; Pace Pakistan Ltd<\/p>\n\n\n\n<p>\u25cf \u00a0 \u00a0 TPL Properties Ltd<\/p>\n\n\n\n<p>During the inaugural ceremony of the newly established category, PSX Managing Director (MD) and Chief Executive Officer (CEO) of Farrukh H. Khan remarked that the new category will effectively make PSX a true reflection of the country&#8217;s diverse economy.<\/p>\n\n\n\n<p><strong>Read:<\/strong><a rel=\"noreferrer noopener\" href=\"https:\/\/www.zameen.com\/news\/four-new-reits-expected-to-be-launched-soon.html\" target=\"_blank\"> Four new REITs expected to be launched soon<\/a><\/p>\n\n\n\n<p>It is worth noting that the PSX recently added <a href=\"https:\/\/www.zameen.com\/news\/psx-seven-new-reits-trading.html\" data-type=\"post\" data-id=\"87842\" target=\"_blank\" rel=\"noreferrer noopener\">seven more<\/a> REITs to its trading panel, expanding its real estate trading portfolio. This comes at a time when the country&#8217;s property market is expanding largely to the new house finance programme announced under the Mera Pakistan Mera Ghar (MPMG) Scheme.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Karachi: The Pakistan Stock Exchange (PSX) on Wednesday (August 10) enlisted the real estate and construction industries under a new category for trading stocks, news sources reported. The new category \u2018property\u2019 will comprise all non-Real Estate Investment Trust (REIT)- related listed firms. Read: PSX to enlist seven new REITs for trading According to reports, the PSX has established its 36th and latest category to allow real estate firms to trade their shares. Previously, these firms were classified as miscellaneous or belonging to the building and cement industries. Under the newly constituted category, the PSX has listed the following three businesses : \u25cf \u00a0 \u00a0 Javedan Corporation Ltd \u25cf &nbsp; &nbsp; Pace Pakistan Ltd \u25cf \u00a0 \u00a0 TPL Properties Ltd During the inaugural ceremony of the newly established category, PSX Managing Director (MD) and Chief Executive Officer (CEO) of Farrukh H. Khan remarked that the new category will effectively make PSX a true reflection of the country&#8217;s diverse economy. Read: Four new REITs expected to be launched soon It is worth noting that the PSX recently added seven more REITs to its trading panel, expanding its real estate trading portfolio. This comes at a time when the country&#8217;s property market is&hellip;<\/p>\n","protected":false},"author":84,"featured_media":68857,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15017],"tags":[53523,53345,53524],"persona":[],"class_list":{"0":"post-87887","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-notices-announcements","8":"tag-pakistan-real-estate-industry-gets-representation-in-psx","9":"tag-pakistan-stock-exchange","10":"tag-stock-exchange","11":"cat-15017-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Pakistan real estate industry gets representation in PSX- Zameen News<\/title>\n<meta name=\"description\" content=\"Karachi: The Pakistan Stock Exchange (PSX) on Wednesday (August 10) enlisted the real estate and construction industries under a new category for trading\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/pakistan-real-estate-representation-psx.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pakistan real estate industry gets representation in PSX- Zameen News\" \/>\n<meta property=\"og:description\" content=\"Karachi: The Pakistan Stock Exchange (PSX) on Wednesday (August 10) enlisted the real estate and construction industries under a new category for trading\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/pakistan-real-estate-representation-psx.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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