Business & Finance News

Karachi, National Clearing Company of Pakistan Limited has declared the unpaid rights of The Pakistan General Insurance Company Limited eligible for clearing, settlement, and risk management through the National Clearing & Settlement System (NCSS). Th...

Karachi, Anemone Holdings Limited, a wholly owned subsidiary of Packages Limited, has undergone significant financial strain resulting in a mandatory restructuring process. During the first half of 2023, the subsidiary recorded a pre-tax loss of ZAR 3...

Islamabad, Notice has been issued that the 174th Emergent Meeting of the Board of Directors of Saudi Pak Leasing Company Limited will take place via video link on Thursday, May 30, 2024. The meeting, set for 11:00 AM at the SPLC Camp Office in Islamab...

Karachi, Treet Battery Limited has reported transactions involving the sale of shares by its substantial shareholder, Treet Corporation Limited. The transactions involved the sale of 67,500 shares at a rate of PKR 25.37 on May 20, 2024, and 110,000 sh...

Karachi, The Searle Company Ltd. declared a total dividend of 56.13% for June, consisting of 25% in bonus shares and a 31.13% regular dividend. The stock closed at PKR 58.53, slightly below its daily weighted average of PKR 59.17. According to informa...

Karachi, Shares of Power Cement closed with mixed results on the Pakistan Stock Exchange (PSX) today. The company, identified by the code POWER, began trading at a price of 6.07 and closed at 6.18, reaching a low of 6.01 and a high of 6.05 throughout ...

Karachi, The MCB Pakistan Asset Allocation Fund announced a distribution of Rs 5.50 per unit for the year ending June 2023. According to information available from the Pakistan Stock Exchange (PSX), the fund, which began in 2008, is designed to offer ...