Pakistan, April 23 -- The Securities and Exchange Commission of Pakistan has approved two more Initial Public Offerings. These include Sitara Petroleum Service Limited and LSE SPAC-I. Both will be listed at the Pakistan Stock Exchange.

Despite ongoing regional tensions and an uncertain geopolitical environment, the continued flow of IPOs shows the resilience of the PSX. It reflects sustained confidence in Pakistan's capital market, said a release issued here on Wednesday.

With these approvals, the total number of IPOs in FY 2025-26 has reached 11.

This shows growing investor confidence. It also signals that more companies are turning to the capital market to raise funds for growth and expansion. This trend is creating new opportunities...