Business & Finance News

Karachi, The NIT Islamic Income Fund, established in 2019, reported no changes in its redemption and offer prices, both standing at PKR 10.18 for June. Additionally, no distributions were made to investors this month, keeping the fund's status quo.

Karachi, Allawasaya Textile & Finishing Mills Ltd has proposed a right issue at a rate of 25%. This move is intended to raise additional capital to support its operations and strategic initiatives, as per the details released by the Pakistan Stock Exc...

Karachi, The UBL Special Savings Fund's Special Savings Plan-V revealed an offer price of 104.34 and a redemption price of 100.84. Distribution details for June were not provided. This plan is part of the fund's portfolio since 2019.

Karachi, Shadab Textile Mills Ltd. (STML) announced a 5% distribution of bonus shares, notwithstanding its negative earnings per share (EPS) of Rs. (6.49) for the January to April 2024 period. The company's share price today was Rs. 14.25. STML, liste...

Karachi, Financial results from the Pakistan Stock Exchange (PSE) reveal that Dawood Hercules Corporation XD NC declared substantial distributions of 150% and 180% for 2022 and 2023, respectively, along with a 50% interim distribution for 2024. The co...

Karachi, Mahaana Islamic Index (ETF) NC (MIIETF) traded at a consistent rate of Rs. 11.30 today, with a daily average rate of Rs. 10.97. The fund, which has a size of Rs. 25.000 million, offers no distributions for the current year. The par value is s...

Karachi, In a recent financial disclosure, Shahtaj Textile Limited revealed a dividend declaration of 130%, with a previous year’s payout of 65%. The company, with a turnover of 39,500, reported a robust EPS of 15.84 for the first four months of 2024....