Business & Finance News

Karachi, Several funds under the Alfalah GHP umbrella reported no distributions for June. The Alfalah GHP Islamic Balance Allocation Plan, along with Alfalah GHP Islamic Prosperity Planning Funds Alfalah GHP Islamic Active Allocation Plan -2, -3, and ...

Karachi, United Distributors Pakistan Ltd (UDPL) noted a substantial loss with an EPS of Rs (10.56) in the first quarter of 2024. The stock was traded at Rs 352.71 today, peaking at Rs 39.94 in 2023 with a daily weighted average of Rs 26000. Since its...

Karachi, The Real Estate Investment Trusts (REITs) sector saw a substantial increase in its index, which rose by 394.18 points, settling at 23,739.54. The trading volume stood at 154,000, showcasing strong investor interest in this segment.

Karachi, The Transport sector witnessed a sharp decline in its index by 1,247.790 points, concluding at 123,626.160. This sector saw the highest turnover on this trading day, amounting to 29,792,882.

Karachi, In the automobile parts and accessories sector, a moderate trading volume of 3,030,747 was recorded. The current index rose by 555.050 points to 51,924.530, which constitutes a 0.882% share of the market. This sector saw steady, albeit smalle...

Karachi, Sindh Modaraba, which began operations in 2015, declared a 12% and 12.50% dividend but did not report a specific EPS for the current quarter. The company's trading rate today was Rs. 10.07 with a daily average rate of Rs. 450.00, and the turn...

Karachi, U Microfinance Bank Limited has announced June 23, 2024, as the next coupon date for its four-year debt securities. These securities are issued at a face value of Rs. 100,000 each and feature a profit rate of 6-month KIBOR plus 1.35%. The tot...