Business & Finance News

Karachi, The shareholders of ABL-Funds have received their interim cash dividend electronically, with a distribution rate of Rs. 7.6242 per share, or 76.2420%, for the year ending June 27, 2024. This financial transaction was completed on June 28, 202...

Lahore, The First Punjab Modaraba, managed by Punjab Modaraba Services (Private) Limited, presented its 31st Audited Financial Statements for the fiscal year ended December 31, 2023. Despite facing significant economic challenges, the company demonstr...

Karachi, Faysal Asset Management Limited has announced an interim payout for its Faysal Special Savings Fund for the fiscal year ending June 30, 2024. The Chief Executive Officer, with powers conferred by the Board, has sanctioned distributions for th...

Karachi, Mughal Energy Limited has successfully utilized its initial offer shares fund in compliance with its obligations under the listing requirements of the GEM Board of Pakistan Stock Exchange Limited. The update follows a directive in a letter re...

Islamabad, Gharibwal Cement Limited has announced the successful completion of a 12-megawatt solar power plant at its Ismailwal site in District Chakwal, aiming to cut power costs. According to the details provided on June 28, 2024, the newly instal...

Karachi, MCB Investment Management Limited has declared an interim dividend for holders of its ALHAMRA SMART PORTFOLIO units. The announcement, made by the Chief Executive Officer on behalf of the Board of Directors, specifies a dividend payout of Rs....

Karachi, In response to an inquiry from the Pakistan Stock Exchange (PSX) regarding unusual trading activity, Askari Bank Limited disclosed that it has no knowledge of any events or developments that could have caused the recent surge in its trading v...