Business & Finance News

Karachi, Askari Bank Limited continues to strengthen its financial base with the perpetual debt security, "AKBLTFC 6." According to information available from the Pakistan Stock Exchange (PSX), this Tier-I Term Finance Certificate (TFC) carries a prof...

Karachi, IGI Life Insurance Limited reported a decline in profit after tax for the first quarter of 2024, despite a significant increase in gross premium written. Gross premium for the quarter stood at Rs. 3.248 billion, compared to Rs. 1.778 billion ...

Karachi, Habib Rice Products Limited (HRPL) saw a stable market performance today, closing at PKR 36.5 per share, identical to its opening price. The stock, trading under the company code 826, did not experience any fluctuations throughout the trading...

Lahore, Apna Microfinance Bank Limited will hold a Board of Directors meeting on May 29, 2024, in Lahore to review the Quarterly Accounts for the period ending June 30, 2023. The meeting will focus on the declaration of any entitlements. The Bank ha...

Karachi, Matco Foods Limited, under the symbol MFL, traded at 26.05 with a similar daily average of 26.07. The company declared a 15% dividend and saw a trading volume of 11,490,500 shares, indicating positive market activity. According to information...

Karachi, TPL Trakker Limited has disclosed a significant development under the Securities Act, 2015, and PSX Regulations. The company announced that its Board of Directors has approved a fresh equity injection into its associated company, Trakker Midd...

Islamabad, Pakistan Petroleum Limited (PPL) has announced a Joint Venture Agreement (JVA) with Degan Exploration Works (DEW) to explore and develop mineral resources in District Chagai, Balochistan. The venture focuses on exploration license EL-207, w...