Business & Finance News

Karachi: Topline Securities, a prominent player in the Pakistani financial sector, has issued a clear denial regarding a document that has been circulating on social media platforms, purporting to be an analysis from the firm about Dewan Farooque Moto...

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Karachi: K-Electric Limited has announced a board meeting scheduled for September 9, 2024, at 10:30 AM, to deliberate on matters unrelated to the company’s financial results.

According to information available from the Pakistan Stock Exchange (PSX),...

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Karachi: An executive of Mari Petroleum Company Limited has officially reported trading shares of the company. The disclosed transactions occurred on August 30, 2024, aligning with regulatory compliance standards as mandated by the PSX and the Securit...

The post Mari Petroleum Executive Reports Share Transactions in Compliance with PSX Regulations appeared first on .

Karachi: The Indus Motor Company Limited has approved an additional investment of Rs. 1.1 billion for the localization of vehicle parts and components, aiming to strengthen the local auto industry and reduce foreign exchange outflows. This investment,...

The post Indus Motor Company Announces Additional Rs. 1.1 Billion Investment for Vehicle Localization appeared first on .

Karachi: MCB Investment Management Limited, the management company responsible for the Pakistan Cash Management Fund (PCF), declared a daily dividend distribution on behalf of its Board of Directors.

On September 1, 2024, the Chief Executive Officer...

The post MCB Investment Management Announces Daily Dividend Distribution appeared first on .

Karachi: Nimir Industrial Chemicals Limited (NICL) has officially completed the acquisition of the soap manufacturing facility in Hub, Balochistan from Procter and Gamble Pakistan, as confirmed on September 1, 2024. This strategic move is set to expan...

The post Nimir Industrial Chemicals Completes Acquisition of Hub Soap Manufacturing Plant appeared first on .

Karachi: The financial statements for Allied Bank Limited for the period ending June 30, 2024, are now accessible online. This development complies with the stipulations outlined in Regulation No. 5.6.9(b) of the Pakistan Stock Exchange Rule Book.

A...

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