Business & Finance News

Islamabad, Colgate-Palmolive (Pakistan) (COLG) experienced a surge in its daily weighted average rate, reaching Rs. 1314.11, up from the previous rate of Rs. 2,427.73. The company, listed since 1984, declared distributions for the period ending June a...

Karachi, Treet Battery Limited (TBL) released its quarterly report for the first quarter of 2024. The company recorded a turnover of Rs. 28.95 million with a weighted average rate of Rs. 8,822.76. Treet Battery, with a paid-up capital of Rs. 8,822.76 ...

Karachi, The HBL Multi Asset Fund announced its financial results for the year ending in June. The offer price was 118.87, with a redemption price of 116.24. The fund declared a distribution rate of 4.00%. This fund has been on the market since 2008.

Karachi, UBL Financial Sector Fund saw a decrease in its offer price to 119.89 and redemption price to 115.96. Listed in 2018, the fund did not announce any distributions for June.

Karachi, The Tobacco sector noted an increase in its index by 108.870 points, reaching 65,543.720. This sector had the lowest turnover of the day, with only 2,129.

Karachi, The Modarabas sector experienced a decrease in its index by 39.150, settling at 3,845.950 despite recording a turnover of 419,501. This downturn reflects a market capitalization percentage of just 0.162% on the Pakistan Stock Exchange.

Karachi, Adam Sugar Mills Ltd. (ADAMS) announced a reduced dividend of 25%, down from an interim (I) 15% in the previous year. Despite the downturn, the stock reached a peak of Rs. 42.99 and a low of Rs. 493000, with earnings per share at Rs. 5.86. Th...