Business & Finance News

Karachi, Security Papers Limited has appointed Mr. Hamid Bazargan as a director on its Board, effective April 29, 2024. This decision was made during the Board of Directors meeting held on the same date. Mr. Bazargan replaces Mr. Ahmad Hatami Yazd.

Karachi, Adamjee Life Assurance Co. Ltd. (ALIFE) recorded a stock price of Rs. 29.19 today. With a paid-up capital of Rs. 500 million, the company declared a 20% dividend for 2023, though no dividends were declared the previous year. Listed recently i...

Karachi, Habib Sugar Mills Ltd., known by the symbol HABSM, closed at Rs. 71.03 with a daily weighted average of Rs. 750.00. The company, listed since 1963, increased its dividend from 70% to 120% for the fiscal year. The market lot requirement is 500...

Karachi, The Synthetic & Rayon sector's index fell by 296.160 points to settle at 88,800.540. Despite the decline, the sector maintained a strong presence with a turnover of 3,655,195.

Karachi, Image Pakistan Ltd. (IMAGE) declared a consistent dividend payout of 15% in bonus shares, with an additional retention rate of 75%. The company reported an EPS of Rs. 1.91 for the first quarter of 2024. Shares traded today at Rs. 13.60, with ...

Karachi, National Clearing Company of Pakistan Limited (NCCPL) has provided an update on its ongoing transition to a T+1 settlement cycle, a move aimed at speeding up securities transactions. This initiative follows previous communications including c...

Karachi, The Property sector displayed a vigorous market presence, with a turnover of 4,260,749 and an index increase of 165.50 points, concluding at 7,912.95. The data reflects heightened investor activity and confidence in the sector.