Business & Finance News

Karachi, The Pakistan Cash Management Fund announced a drop in redemption price to PKR 50.47 from PKR 51.04. The fund declared distributions of PKR 4.07 per unit this year, a decrease from PKR 2.3168 per unit previously. The fund has been active on th...

Karachi, Askari General Insurance Company Limited has successfully credited the final cash dividend for the year ending December 31, 2023. Shareholders received a dividend of Rs. 3.25 per share, which totals 32.5% of the value, into their designated b...

Karachi, The UBL Liquidity Plus Fund has maintained its offer and redemption prices at 101.44 for June 2024. The fund reported a distribution of 6.08% for the year, slightly down from 5.80% in the previous year.

Karachi, The Alfalah GHP Islamic Value Fund, listed in 2018, reported a minimal distribution with a specific payout of Rs 0.236 per unit. The fund recorded an offer price of Rs 108.25 and a redemption price of Rs 107.34 for the fiscal year ending June...

Lahore, Stylers International Limited disclosed significant shareholder changes following the death of Mrs. Shama Javed, wife of Mr. Javed Arshad Bhatti, the Chairman and a Director of the company. A Succession Certificate issued on March 27, 2024, by...

Faisalabad, Masood Textile Mills, listed under both common and preference shares categories on the Pakistan Stock Exchange, reported a closing rate of 675.00 for its common shares and 275.00 for its preference shares. The financial disclosures, effect...

Karachi, The portfolio reconstitution of the UBL Pakistan Exchange Traded Fund (UBLP-ETF) has been successfully completed, according to a recent announcement to the Pakistan Stock Exchange. The company's official communication, referenced under letter...