Business & Finance News

Karachi, The NBP Money Market Fund, active since 2012, recorded an offering price of 10.26 and a redemption price of 10.15. According to information available from the Pakistan Stock Exchange (PSX), it declared a 6.27% distribution for 2022 and projec...

Karachi, The Faysal Money Market Fund posted a notable return of 6.95% in June 2022, distributing Rs 5.04 per unit to its investors. According to information available from the Pakistan Stock Exchange (PSX), Established in 2011, the fund's offer pric...

Karachi, Starting in 2012, the Askari Sovereign Yield Enhancer shows a 4.19% distribution for 2022, with future payouts expected to decline to Rs 4.3736 per unit in 2023 and then increase to Rs 6.4057 per unit in 2024. According to information availab...

Karachi, Cherat Packaging Ltd. has announced a 25% dividend along with a 10% bonus, accompanied by additional distributions, signaling strong fiscal performance. Trading at 123.71 with a high of 140.74, the company registered a turnover of 3,384,598 s...

Karachi, Loads Limited (LOADS) faced substantial challenges, evidenced by a significant loss with an earnings per share of -5.00, resulting in no dividend distribution this year. According to information available from the Pakistan Stock Exchange (PSX...

Karachi, Pakistan Hotels Developers Limited has successfully distributed an interim cash dividend of Rs. 4 per share, which is 40% of the share value, to its shareholders for the fiscal year ending June 30, 2024. The dividend was credited electronical...

Lahore, Pakistan General Insurance Company Limited has announced the dispatch of its Letter of Rights and CDS Intimation Letter to shareholders, alongside the Schedule 1 Offer Document, as of May 24, 2024. The company has confirmed that the rights hav...