Business & Finance News

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...

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...

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...

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...

Karachi, The ABL Cash Fund outlined its performance with an offer price of 10.41 and a redemption price of 10.32. As of June this year, the fund delivered an 8.34% distribution for 2022 and projects a 3.086% return for 2023. Launched in 2010, the fund...

Karachi, Atlas Insurance Ltd. (ATIL) traded consistently at Rs. 40.02 today. The company boasts a paid-up capital of Rs. 1,494.16 million and has declared a substantial increase in dividends from 70% this year to 46% next year, with an additional 60% ...