Business & Finance News

Karachi: Nauman Rathore, a substantial shareholder in First Elite Capital Modaraba, bought 18,400 shares on July 5, 2024, at a price of 7.48 per share, according to a regulatory disclosure required under the Pakistan Stock Exchange rules. According ...

Karachi: Aisha Steel Mills Limited has announced the resignation of Mr. Salman Ahmed Khan from its Board of Directors, effective July 5, 2024. The company disclosed the departure in a brief statement, noting that Mr. Khan’s resignation was formalize...

Karachi: Ms. Fouzia Jabeen Janjua, a General Manager at Habib Bank Limited, executed multiple share sales on July 5, 2024, totaling 5,000 shares at varying prices, disclosed under compliance with Pakistan Stock Exchange (PSX) regulations. According ...

Karachi: MCB Investment Management Limited has declared a daily dividend payout for the Alhamra Islamic Money Market Fund (ALHIMMF), as announced on July 5, 2024. The Chief Executive Officer, on behalf of the fund's Board of Directors, approved a di...

Karachi: A senior management member of United Bank Limited, Alee Khalid Ghaznavi, sold 19,500 shares on July 4, 2024, as disclosed under Pakistan Stock Exchange regulations concerning insider trading. The shares were sold at a rate of 262.39 each thro...

Karachi: A significant transaction within Elahl has come to light, where Safina Danish, a director at the company, purchased 12,000 shares on July 5, 2024. The shares were bought at a rate of Rs. 17.99 each and were registered in the Central Deposit...

Karachi: In a recent development within Pakistan’s financial markets, the JS Momentum Factor Exchange Traded Fund (JSMFETF) has temporarily halted trading due to a delay in its scheduled rebalancing activity, originally set to conclude today. In a n...