Business & Finance News

Karachi, Today's filings reveal an increment in the distribution rates for the Pak Oman Advantage Islamic Income Fund. For the June 2024 period, the fund offered a price of 55.32 rupees per unit and a redemption price of 54.71 rupees, with distributio...

Islamabad, Amreli Steels Limited (ASTL), a notable player in the steel industry since 2015, today disclosed a significant increase in its quarterly earnings per share to 20.78 rupees. The stock ended the day at 23.18 rupees, reflecting investor confid...

Karachi, Bank Makramah Limited, formerly known as Summit Bank Limited, has announced two separate rights issues. The first issue is set at a rate of 11.2443%, and another, more substantial issue, proposed at 65%. These initiatives are intended to bols...

Karachi, Established in 1964, the NI(U)T Fund remains one of the oldest funds listed on the Pakistan Stock Exchange. For the fiscal year ending June 2023, the fund declared a distribution of Rs 4.50 per unit, with a redemption price differential refle...

Karachi, Suraj Cotton Mills Ltd. (SURC) disclosed a closing rate of Rs. 134.99 and a strong EPS of Rs. 120 for the quarter ending March 2024. The company announced a 40% dividend and a 10% bonus, reflecting a positive outlook for the year. Since its l...

Karachi, The Pakistan Capital Market Fund offered insights into its performance with an offer price of 14.04 rupees and a redemption price of 13.73 rupees. A distribution of 1.85 rupees per unit was recorded for the period ending June 2024.

Karachi, Tariq Corporation Ltd. (TCORPCPS), in a separate category of preference shares, has presented a modest financial gesture for its shareholders. The price of preference shares stood at Rs. 5.88, with a daily average rate of Rs. 144.45. The pref...