Pakistan completes its first-ever SPAC transaction with Ningbo Green Light Energy listed on PSX.

Pakistan's exchange marked a major milestone by introducing Special Purpose Acquisition Company transactions to the main board. This historic listing could influence market sentiment regarding new financial instruments on the bourse.

Possible impact on PSX shares

• PSX Pakistan Stock Exchange Limited▲ Could be positive

  As the operator of the exchange, PSX may benefit from enhanced market innovation and increased investor interest following the introduction of the country's first SPAC transaction.

  Price when this was written: Rs 41.25 · Live price, chart and results

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Business Recorder: Pakistan’s first SPAC transaction: Ningbo Green Light Energy lists on PSX