Business & Finance News

Karachi, Bank Makramah Limited (formerly Summit Bank Limited) has announced two separate right issues. The first issue is set at a rate of 65%, with a subsequent issue proposed at 11.2443%. These issues are part of the bank’s efforts to enhance its ca...

Karachi, The NBP Financial Sector Fund, initiated in 2018, recorded an offer price of 17.18 and a redemption price of 16.62 for June 2023.

Karachi, Alfalah Consumer Index ETF (ACIETF) remained stable today with a trading rate and daily weighted average rate of Rs. 10.32. The fund, with a size of Rs. 41.303 million, has maintained its par value at Rs. 10, with a market lot of 500 units. I...

Karachi, The Pakistan Income Fund, listed in 2002, reported no distributions for June. The fund maintained its redemption price at PKR 58.83 and an offer price at PKR 60.16, continuing its long-standing presence in the market.

Karachi, Noon Sugar Mills Ltd. has declared a 40% dividend for the fiscal year ending 2024, based on the latest financial disclosure from the Pakistan Stock Exchange (PSE). The company, which boasts a paid-up capital of 343 million Pakistani Rupees, r...

Karachi, Waves Corporation Pakistan reported minimal earnings per share of Rs. 0.63 for the year ending April 2024, with no dividends declared. The company, established in 1985 and active in the home appliances market, noted a turnover of 79,747,000 u...

Karachi, The UBL Special Savings Fund-II continues its financial reporting for June. Distribution figures for the previous years were not listed. The fund has been operational since 2020.