Business & Finance News

Karachi, Shadab Textile Mills Ltd. (Symbol SHDT) recorded a final share price of Rs. 15.15 and a negative earnings per share of Rs. (6.49). A minimal 5% dividend was declared, despite the company’s struggles. Shadab Textile was listed in 1985.

Karachi, Archroma Pakistan Limited disclosed its financial outcomes for the first half of the fiscal year ending March 31, 2024. The company revealed a significant decline in net profits compared to the previous year, amidst stable sales and rising op...

Karachi, The Faysal Islamic Savings Growth Fund, listed in 2010, offers stable returns with offer and redemption prices at 123.7 and 120.96, respectively, for the year ending June 2024. The fund declares distributions of Rs 4.31 per unit for the perio...

Karachi, The NBP Islamic Stock Fund and NBP Mahana Amdani Fund have updated their financial positions for June. The Islamic Stock Fund, with an offer price of PKR 17.87 and a redemption price of PKR 17.28, and the Mahana Amdani Fund, priced at PKR 12....

Karachi, Engro Fertilizers Limited has appointed Mr. Ali Muhammad Mahenti as its Interim Chief Financial Officer effective immediately. The announcement stated that Mr. Mahenti will serve in this role until further notice.

Karachi, The automobile assembly sector on the Pakistan Stock Exchange demonstrated significant trading activity with a turnover of 28,827,984. The sector's current index stands at 59,759.860, marking an increase of 7,180.610 points or a 4.811% market...

Karachi, The sector including Investment Banks, Investment Companies, and Securities Companies witnessed their index increase by 68.460 to 18,272.060. A turnover of 3,107,026 contributed to a 1.563% rise in market capitalization, indicating positive s...