Business & Finance News

Karachi, In today's trading session, Dawood Lawrencepur Ltd. (DLL), established in 1953 and engaged in diversified sectors, recorded a substantial increase in its share value, with today’s rate at Rs. 245.82. The company announced a 70% dividend for i...

Karachi, The newly listed Mahaana Islamic Index (ETF) NC (MIIETF) in 2024 recorded a rate of 10.70 and a fund size of Rs. 25 million. The ETF's market activity reached a turnover of 3,158,000, with rates varying between Rs. 10.15 and Rs. 9.66.

Karachi, The NIT - Islamic Equity Fund reported stable prices with both the offer and redemption prices pegged at 8.81 as of June 2023. The fund distributed Rs 0.50 per unit in 2022 but declared no distributions for 2023. First listed in 2015, the fun...

Karachi, The Lakson Tactical Fund, operational since 2011, noted an offer price of 120.36 and a redemption price of 117.05 as of June 2024. Despite a distribution of Rs 13.2631 per unit in 2022, the fund will not provide dividends for 2024.

Karachi, HBL Income Fund, with a year of listing in 2007, announced a distribution of 5.00% and Rs 5.50 per unit. The fund's offer price stood at 124.02, while the redemption price was 121.95 for the fiscal year ending June 2023.

Karachi, The NBP Pakistan Growth NC ETF (NBPGETF) with a daily rate of 15.76 and a fund size of Rs. 80.310 million has reported a modest annual distribution of 4.80%. The ETF, active since 2020, saw trading activity with a turnover of 52,000, ranging ...

Karachi, United Insurance Co. of Pakistan (UNIC) disclosed an EPS of Rs 10.55 for the first quarter of 2024, the highest among its peers. The company, which began operations in 1960, declared a 45% bonus and a 35% dividend. The stock's trading price w...