Business & Finance News

Karachi, Arif Habib Limited announced the successful completion of the Initial Public Offering (IPO) for International Packaging Films Limited (IPAK), approved by the Pakistan Stock Exchange (PSE) on March 13, 2024. The IPO strike price was set at PKR...

Karachi, Telecard Limited has provided information on its 6-year term finance certificate, TELETFC, with a face value of Rs. 5,000 and an unusual profit rate of 3M KIBOR + 0%. Initially issued at Rs. 2.4 billion, the outstanding principal is now zero....

Karachi, Altern Energy Ltd. (AEL), a company specializing in power generation and distribution, faced a challenging financial year despite significant trading volumes on the Pakistan Stock Exchange. The company's share price today stood at Rs. 23.78, ...

Karachi, Bolan Castings Ltd. reported a daily weighted average rate of Rs. 163.90 on the Pakistan Stock Exchange, with a turnover of 8,073,500 shares. The company has not declared any distributions for the year ending 2024. Its paid-up capital is Rs. ...

Karachi, Meezan Pakistan Exchange Traded Fund (MP-ETF), listed on the Pakistan Stock Exchange (PSX), witnessed a notable increase in its net assets and Net Asset Value (NAV) during April 2024. The fund's net assets increased to Rs. 0.08 billion from R...

Karachi, Attock Refinery Ltd., under the symbol NC, declared a dividend of 125%, with an interim dividend of 25%. With a paid-up capital of Rs. 388.70 million, the shares traded between Rs. 422.99 and Rs. 274.12, with an average rate of Rs. 109 millio...

Karachi, Samba Bank Limited has scheduled the next coupon payment for its privately placed debt securities on September 1, 2024. The securities, with an outstanding principal of Rs. 4,994,000,000, have a tenor of 10 years. They offer a profit rate of ...