Business & Finance News

Karachi, Bank Alfalah Limited has maintained its strong market position through the issuance of perpetual securities under the symbol BAFLTFC6. With a total issue size of Rs. 7 billion, which is fully outstanding, the securities carry a profit rate of...

Karachi, Fauji Fertilizer Bin Qasim Ltd NC (FFBL) closed today at Rs. 33.39, just above its daily average of Rs. 33.03. The company announced a 10% dividend for 2023. According to information available from the Pakistan Stock Exchange (PSX), Fauji Fer...

Karachi, Din Textile Mills Ltd, symbol DINT, continues to navigate a challenging market environment with no dividend distribution and a notable decline in earnings. The company posted a significant loss with an earnings per share of -Rs. 16.53 for 202...

Karachi, Nishat Chunian Ltd. (NCL) closed at Rs. 29.30, slightly below its daily average of Rs. 29.46. Despite facing market challenges with a negative earnings per share of -4.16 for 2022/2023, the company has a substantial paid-up capital of Rs. 2,4...

Islamabad, Habib Bank Limited has officially received approval from the State Bank of Pakistan for a substantial equity investment in its subsidiary, HBL Microfinance Bank Limited. The investment, amounting to Rs. 6 billion, will facilitate the acquis...

Karachi, JS Bank Limited has introduced two tiers of Term Finance Certificates, focusing on long-term funding strategies. According to information available from the Pakistan Stock Exchange (PSX), the first, JSBLTFC2, is a perpetual TFC offering a pro...

Karachi, IBL Modaraba 1st NC (Symbol: FIBLM) has maintained a consistent trading rate today at Rs. 3.05, matching its daily weighted average. Despite its steady trading price, the company reported no distributions for the years 2022 through 2024. Acco...