Business & Finance News

Karachi: UDL International Limited (UDLI) has successfully completed the merger with First UDL Modaraba (FUDLM), crediting shares to the certificate holders as per the previously announced swap ratio of 1:1, effective from July 4, 2024. According to i...

Karachi: The Pakistan Stock Exchange (PSX) confirmed that the interim cash dividend for ABL ICF shareholders has been successfully credited electronically. The electronic transfer, amounting to Rs. 0.0053 per share, was deposited into the designated...

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...