Business & Finance News

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...

Karachi, The Meezan Asset Allocation Fund, which started in 2017, has set its offer price at 64.38 and redemption price at 62.27 for June. No distributions have been declared for the current period.

Karachi, Crescent Cotton Mills Ltd. (CCM) reported an EPS of 5.07 Rs for January to March 2024. The company, which has a long history dating back to 1965, traded its shares at a daily weighted average rate of 226.60 Rs, one of the highest in the secto...

Karachi, The Pakistan Cash Management Fund has distributed Rs 2.3168 per unit this June. The fund's offer price was recorded at PKR 51.04 with a redemption price of PKR 50.47. It has been active since 2009.