Business & Finance News

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...

Karachi, The JS Global Banking Sector ETF (JSGBETF) today declared its earnings, posting an EPS of Rs. 10.71 for January to March 2024. The ETF's fund size reached Rs. 88.263 million, trading 5,489,500 units at a rate of Rs. 16.46. The fund did not de...

Karachi, Artistic Denim Mills Limited (ADMM) announced today that its earnings per share (EPS) for the period from January to March 2024 stood at Rs 44.5, reflecting strong financial performance. The company, listed on the Pakistan Stock Exchange sinc...