Business & Finance News

Karachi, Reliance Insurance Co. Ltd (RICL) closed today at Rs. 9.35. The company has a paid-up capital of Rs. 665.38 million and plans to increase its dividends from 5% this year, with an additional 5% bonus, to 10% next year. According to information...

Karachi, The NI(U)T Fund, with an offer price of 67.95 and a redemption price of 65.97, distributed Rs 4.50 per unit in 2022 and projects returns of Rs 2.33 per unit for 2024. One of the oldest funds, established in 1964, it has provided consistent fi...

Karachi, Habib Bank Ltd., trading as HBL, declared an impressive dividend rate of 67.5% for 2022, further raising it to 97.5% for 2023 with an interim of 40%. The bank's financial stability is evidenced by its paid-up capital of Rs. 14,668.52 million ...

Karachi, Jubilee General Insurance Co. NC (Symbol: JGICL) saw its shares trading at Rs. 40.40, slightly above its daily average of Rs. 40.28. According to information available from the Pakistan Stock Exchange (PSX), JGICL declared dividends of 40% fo...

Karachi, Pak Datacom Ltd. (PAKD) maintained a steady rate of Rs. 75.34, closely matching its daily average of Rs. 75.36. The company, with a capital of Rs. 118.59 million, declared a 60% dividend, planning a 90% dividend for next year. According to in...

Karachi, Pakistan Hotels Developers Ltd. (PHDL), known for its prominent hotel operations, saw its share price stabilize at Rs. 439.00 today, with a daily weighted average rate slightly higher at Rs. 440.05. According to information available from the...

Karachi, Allawasaya Textile Mills Ltd. NC (AWTX) announced a substantial dividend of 72.5% for 2023, with an additional 25% reserve dividend. Trading at a premium, today’s rate closed at Rs. 1255.00, with a minimal trading volume of 40 shares. The com...