Business & Finance News

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...

Karachi, For June, the JS Government Securities Fund reported an offer price of Rs 113.54 and a redemption price of Rs 112.27. The JS Growth Fund noted an offer price of Rs 233.54 and a redemption price of Rs 225.88. Neither fund declared distribution...

Karachi, The engineering sector faced a downturn, with its index decreasing by 98.890 points to 35,373.820. This sector, which had a trading volume of 9,900,887, now holds a 1.121% share of the market, reflecting a challenging day for the sector.

Karachi, The Power Generation & Distribution sector recorded a substantial gain in its index, up by 336.770 to 34,122.770, on a high turnover of 49,598,337. This significant increase positions this sector to represent 4.097% of the total marke...

Karachi, Despite a robust trading volume of 12,500, the Wool sector observed a downturn in its index by 33.62 points, closing at 3,786.45. The sector's performance indicated a challenging trading environment.

Karachi, Mughal Iron & Steel Industries Limited has entered the debt market with a five-year bond, part of its efforts to secure long-term financing. The bond has a face value of Rs. 1,000,000 per unit, with an interest rate based on the...