What is the significance of the surveillance system in a stock exchange

According to the data provided by Karachi Sarafa and Jewellers Association, the price of gram of 24k gold also dropped by Rs and was traded at Rs, while the 10gm 22k gold was valued at Rs, On the other hand, the price of karat silver and gram of karat silver remained unchanged at Rs1, and Rs1, To highlight, from January , the company started producing Euro V HSD and was consequently entitled to the Euro V product price while avoiding government-imposed penalties in that category.

With regards to the lube segment, management informed that its margins have improved during the year on the back of higher international product prices resulting from global supply constraints as most international refineries were either shut or on maintenance, while economic activity resumed.

Since lube and fuel refineries are integrated, the usage of lighter crude when compared to other refineries is not feasible, it added. Utilization levels are however dependent on the offtake levels of Furnace oil, which in turn are dependent on LNG prices, management said. On the financial front, after two consecutive years of losses, NRL entered into a profitable zone in FY As per management, this was owing to the upward price trend and the change in pricing formula coupled with fortnightly pricing which helped reduce fuel refinery losses amidst thin margins.

Going forward, management believes that manufacturing cost is likely to increase given the increase in utility cost as well as the devaluation of PKR. With refineries all over the world starting up again and increasing the supply of base oil, margins could decrease going forward.

Moreover, the cost of furnace oil is also on the rise and as such some profit compression can be expected. Nasir Khan, VP FPCCI, said that the current wave of hyperinflation in food items is the direct consequence of the incompetent handling of the exchange rate; otherwise, there would have some stability in the food prices.

For example, the edible oils are being sold in the vicinity of Rs. Nasir Khan stated that, on the basis of ground realities, he can say that the dollar can hit Rs.

He stressed that the government should wake up and the Prime Minister of Pakistan should himself monitor the situation on daily basis. Circulars Public Notices Orders Downloads. Membership Surrender Chg. The market Surveillance is the system developed by the Stock Exchange for effective and transparent market to prevent the investor from manipulative or illegal trading practices.

Here, exchange ensures: To provide effective and transparent trading platform to investor on the basis of equality principal i. To prevent investor does trading i. Market manipulation refers to a wide range of trading practices that distort prices and enable market manipulators to profit at the expense of other participants, creating information asymmetries. Actively scan device characteristics for identification.

Use precise geolocation data. Select personalised content. Create a personalised content profile. Measure ad performance. Select basic ads. Create a personalised ads profile. Select personalised ads. Apply market research to generate audience insights. Measure content performance. Develop and improve products. List of Partners vendors. Market surveillance is the prevention and investigation of abusive, manipulative or illegal trading practices in the securities markets. Market surveillance helps to ensure orderly markets , where buyers and sellers are willing to participate because they feel confident in the fairness and accuracy of transactions.

Without market surveillance, a market could become disorderly, which would discourage investment and inhibit economic growth.