The financial limit for purchase of shares has been increased by 100 %, which has increased financial participation and activities in the Pakistan Stock Market (PSX).
The stock exchange has issued a notice of an important decision. The financial range per order for purchase of shares has been increased by 100 %.
Investors will be able to buy shares worth Rs 100 million in one sequence in the ready market.
Earlier, investors can buy shares worth Rs 50 million in the same order in the ready market, the limit for buying shares per order in the futures market has been increased from Rs 25 lakh to Rs 50 million.
According to the announcement, there is no change in the previous limit of shares purchased per order in ready and future markets, and the decision will be implemented from Monday, March 3.
According to experts, this decision will increase the stock market’s trade volume and activities.
