Business & Finance News

Karachi, The Faysal Balanced Growth Fund, with a listing date of 2004, saw its redemption price decrease from 36.71 to 35.5. The fund did not provide any distributions for the current financial year.

Karachi, Mughal Iron and Steel Industries. NC showed financial stability with consistent dividend declarations and positive earnings. For the fiscal year ending June 2024, dividends were set at 30% for 2023 and increased slightly to 32% for 2024. The ...

Karachi, UBL Pakistan has announced the reconstitution of the UBL Pakistan Enterprise Exchange Traded Fund (UBLP-ETF) portfolio, set to take effect on May 3, 2024. The decision follows the guidelines of Section 96 of the Securities Act, 2015, Clause 5...

Karachi, Shabbir Tiles & Ceramics Limited has appointed Mr. Umair Ali Bhatti as the new Chief Financial Officer (CFO), following the resignation of Mr. Waquas Ahmed. The change was made official during the Board of Directors' meeting on April 29, 2024...

Karachi, D. S. Industries Ltd reported slight earnings of Rs. 2.16 per share for the January to April 2024 period, contrasting with a minor loss of Rs. 0.17 per share in the previous fiscal year. The company’s shares traded at Rs. 836.86, and it has m...

Lahore, A board meeting of M/s IBL Modaraba Management (Private) Limited, the management company for First IBL Modaraba, is scheduled for May 10, 2024, in Lahore. The primary agenda for the meeting is to review and approve the financial statements for...

Karachi, Engro Powergen Qadirpur Ltd. has posted significant financial gains with an EPS of Rs. 26.91 for January-April 2024, up from Rs. 4.54 in the previous year. The company's daily weighted average rate is Rs. 3,238.00 with a paid-up capital of Rs...