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...
Read More »Habib Bank Limited Announces Approval for Equity Investment in Subsidiary
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...
Read More »JS Bank Limited Engages Investors with Tier-I and Tier-II TFCs
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...
Read More »IBL Modaraba 1st NC Reports No Distributions for 2022-2024, Shares Traded at Low Volume
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...
Read More »International Industries Ltd. Sustains Strong Dividend Yield
Karachi, International Industries Ltd. (INIL) closed today at Rs. 196.68, slightly above its average of Rs. 195.45. The company, holding a capital of Rs. 1,318.82 million, declared an 80% dividend for this year and plans a 75% dividend next year, alon...
Read More »BIAFO Industries Reports Executive Share Transactions
Karachi, BIAFO Industries Limited has disclosed share transactions by key insiders. These transactions were executed by an executive director and two non-executive members involving a total of 6,000,000 shares, transferred as gifts with a rate of 0.00...
Read More »Tariq Corporation Limited Reports Significant Financial Changes Amidst Sugarcane Cost Hikes
Karachi, The directors of Tariq Corporation Limited have presented the financial results for the half-year ending March 31, 2024. According to information available from the Pakistan Stock Exchange (PSX), the company reported a net loss after taxation...
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