Business & Finance News

Karachi, Tata Textile, known by its code TATM, observed a significant rise in its closing price to PKR 69.5 from an opening of PKR 66.6. The stock remained steady at its low of PKR 66.55, with 23,000 shares traded, and a higher closing price of PKR 71...

Lahore, Bank Alfalah Limited's Tier-I perpetual TFC remained stable at Rs. 5,000 with a total issue size of Rs. 7 billion and an equal outstanding principal. The profit rate remains fixed at 6M KIBOR+1.5%. The next coupon date is scheduled for Septemb...

Karachi, Ghandhara Tyre & Rubber Co. reported a loss, with an EPS of Rs. -1.37 for January to April 2024. The company declared a 30% dividend for the previous year but no further distributions were announced. The share price today ...

Lahore, United Bank Limited's Tier-I perpetual TFC held steady at Rs. 5,000, with a total issue size of Rs. 10 billion, mirroring the outstanding principal. The profit rate remains at 3M KIBOR+1.55%. The next coupon date is set for July 29, 2024.

Karachi, United InsuranceXD saw its stock price increase to Rs 12.15 from an opening price of Rs 12.01. The stock hit a high of Rs 12.01 and a low of Rs 12 during the session, closing at Rs 12.39 after 59,500 shares were traded.

Karachi, Pak-Gulf Leasing Company has announced a distribution of 10% for 2023, with a significant increase to 35% interim and 95% bonus for 2024. This announcement comes as the company shows an active trading presence on the Pakistan Stock Exchange, ...

Karachi, Power Holding Limited has disclosed terms for two ten-year debt securities. The first, with a market lot of 1 and a face value of Rs. 5,000, features a profit rate of 6-month KIBOR plus 0.8%, and an outstanding principal of Rs. 200,000,000,00...