Business & Finance News

Karachi, The NIT Government Bond Fund, a fixture of the Pakistan Stock Exchange since 2010, has disclosed its offer and redemption prices for June 2024 at PKR 10.83 and PKR 10.73, respectively. The fund announced a distribution of PKR 0.5348 per unit ...

Karachi, The Meezan Pakistan ETF (MZNPETF) observed a daily weighted average rate of 13.57 and a fund size of Rs. 77.666 million. Since its listing in 2020, MZNPETF achieved a high trading rate of 12.97 and a low of 11.15 in the first quarter of 2024,...

Karachi, In its inaugural year, the Mahaana Islamic Index ETF (MIIETF) posted a daily weighted average rate of 10.63 and a fund size of Rs. 25 million. MIIETF, which began its journey in the stock market in 2024, witnessed a high of 10.15 and a low of...

Karachi, The HBL Total Treasury ETF (HBLTETF), with an NAV of 116.85 as of April 8, 2024, shows a substantial fund size of Rs. 578.985 million. This debt ETF, listed in 2022, reported a high NAV of 116 and a low of 111.1, alongside a significant turno...

Karachi, Pakistan Petroleum Limited (PPL), with a paid-up capital of Rs. 27,209.67 million, has declared consistent annual dividends of 25% for 2024, unchanged from the previous year and the same as the interim dividend. The company, which started tra...

Karachi, In a recent financial announcement, Orient Rental Modaraba disclosed a dividend of 10% for the fiscal year, despite not declaring any dividend in the prior period. The company, listed on the Pakistan Stock Exchange since 2017, has faced chall...

Karachi, Lalpir Power Ltd. declared a 150% dividend for its shareholders, standing out with a closing share price of PKR 20.39 and an average of PKR 20.34. The company, listed in 2013, reported an EPS of 19.1. With a substantial paid-up capital of PKR...