Business & Finance News

Karachi: Chenab Limited has officially responded to the Pakistan Stock Exchange (PSX) concerning recent unexplained fluctuations in its share prices. In a formal communication dated October 14, 2024, the company indicated that no recent developments w...

Karachi: Engro Fertilizers Limited has declared an interim dividend of Rs. 2.50 per share for the third quarter ending September 30, 2024. This decision follows a detailed review and approval of the company's unaudited financial results for the first ...

Karachi: In a significant financial move, Mr. Muhammad Faisal Ahmed, Chief Executive of Artistic Denim Mills Ltd., has acquired 3.5 million shares of the company, escalating his total shareholding to 76.53 million shares, which represents 91.107% of t...

Karachi: Meezan Cash Fund (MCF) has reported a positive return of 21.22 percent for its investors for the year ended June 30, 2024. The fund, which primarily invests in Shariah-compliant money market instruments and Islamic bonds (Sukuks), has demonst...

Karachi: The Meezan Financial Planning Fund of Funds (MPFF), an open-end Shariah-compliant investment scheme, reported a notable performance for the fiscal year ended June 30, 2024. The fund, which is designed to cater to various investor risk prefere...

Karachi: Meezan Asset Allocation Fund (MAAF) has shown a significant growth in its asset value during the fiscal year ending on June 30, 2024, achieving a notable return of 60.44% despite slight underperformance against its benchmarks. The fund's net ...

Lahore: Shadman Cotton Mills Limited, located on Warburton Road near Chandi Kot Stop, has been granted an extension for holding its Annual General Meeting (AGM) and for the submission of its annual and quarterly financial statements, as confirmed by o...