Business & Finance News

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...

Karachi, First Treet Manufacturing Modaraba, listed in 2016, reported a negative EPS of Rs. 0.15 for the first quarter of 2024. The company's shares traded at Rs. 4.83 today with a high annual rate of Rs. 8,835.90. It achieved a turnover of 14,275,000...

Karachi, The Leather & Tanneries sector marked a turnover of 197,740 and an index rise of 139.300 to 18,624.040. This growth represents a 0.538% increase in market capitalization, pointing to positive sectoral development.

Karachi, Sui Northern Gas Pipelines Ltd. (SNGP) reported a substantial EPS of Rs. 16.34 for the first quarter of 2024, with the share price reaching Rs. 81.5 and a turnover of 169,159,229 shares. The company, listed since 1964, declared a 15% dividend...

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...