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.
|Symbol||Company Name||Previously Reported Sector|
|JVDC||Javedan Corp. Ltd||Cement|
|PACE||Pace (Pak) Ltd.||Miscellaneous|
|TPLP||TPL Properties Ltd||Miscellaneous|
In light of above three companies are to be quoted under Property Sector.