Another 10 companies on PSX listing : Farrukh Khan.

KARACHI -- Responding to Pakistan Stock Exchange's better performance despite COVID-19 shocks, another ten companies are in pipeline for listing over next 6 months. Four have already been listed in last couple of months.

Pakistan capital market will further strengthen with introduction of new products and facilities from State Bank of Pakistan, and Securities and Exchange Commission of Pakistan i.e. Roshan Digital Account and Opening of Online Account, said Chief Executive Officer of PSX, Farrukh H.Khan while speaking at a ceremony held to honour three companies listed on Pakistan Stock Exchange for their inclusion in Forbes ' Asia Best Under A Billion' list. These companies are Feroze 1888 Mills Limited (textile), Searle Company Limited (pharmaceutical) and Systems Limited (I.T).

PSX's CEO described it as big pride for the exchange that three companies listed on it had got international recognition by the Forbes ( New York based international business magazine) for their best performance in corporate sector . These companies had set an example for other listed companies. These companies were also part of KSE-100 index which was the bench mark for the performance of the capital market.

' You are role models for other companies,' he paid tribute while addressing to the CEOs and senior officers of the three companies present there.

On this occasion, the Gong (Trading Bell) was hit by PSX Chairman Suleman Mehdi, CEO Farrukh H.Khan and CEOs of the three companies -- Rehan Rehman of Feroze 1888 Mills Ltd, Nadeem Ahmed of Searle Company Ltd, and Asif Peer of Systems Ltd.

In Pakistan, he said, there was great potential for business growth. These three companies gave very good...