Business & Finance News

Karachi: Fateh Sports Wear Limited has disclosed in its latest quarterly progress report that it is awaiting a court order to release a frozen amount of US$2.00 million, which is expected to be resolved shortly. According to information available from...

KARACHI: In compliance with Section 15D(1) of the Securities & Exchange Ordinance, 1969, and rule 5.6.1 of the PSX Rule Book, it has been officially announced that Mr. Zahid Malik is the new Chairman of the company. The announcement, aimed at inform...

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...