Business & Finance News

Karachi: The JS Momentum Factor Exchange Traded Fund (JSMFETF) has commenced the rebalancing of its portfolio as of July 5, 2024, following the latest adjustments to the JS Momentum Factor Index. According to information available from the Pakistan ...

Karachi: In a significant corporate development, Farrukh H. Khan has resigned as the Chief Executive Officer of the Pakistan Stock Exchange Limited (PSX), effective July 4, 2024. The emergent board meeting held today accepted his resignation, acknowle...

Karachi: A series of share transactions by a senior executive at Habib Bank Limited were executed over two consecutive days. Mr. Zeeshan A Malik, General Manager at Habib Bank, sold a total of 1,000 shares in separate transactions. On July 4, 2024, ...

Karachi: Mr. Farrukh H Khan has officially resigned from his role as Chief Executive Officer of the Pakistan Stock Exchange Limited. Mr. Khan has decided to step down in order to pursue other professional opportunities. His resignation was submitted...

Islamabad: Nazir Cotton Mills Ltd. disclosed a quarterly loss of PKR 3.238 million in its latest directors' report to shareholders. The loss, reported for the quarter ending March 31, 2024, stems from administrative expenses totaling PKR 4.474 million...

Karachi: In a swift administrative move, Dr. Aliya Hashmi Khan has been removed from her position as a Director of the Bank of Khyber, effective immediately. The decision, enacted through a notification issued by the Government of Khyber Pakhtunkhwa o...

Karachi: The Alfalah Consumer Index ETF (ACIETF) has commenced the reallocation of its portfolio following a recent rebalancing of the underlying index on June 28, 2024. This adjustment is in line with Section 96 of the Securities Act, 2015, Clause ...