Business & Finance News

Karachi, The Mahaana Islamic Index ETF (MIIETF) demonstrated solid performance in today's market with a daily weighted average rate of Rs. 10.39 for a fund of Rs. 25.000 million. The ETF, which started trading in 2024, had its rates oscillate between ...

Karachi, The Atlas Islamic Fund of Funds, encompassing various strategic plans such as the Aggressive Allocation Islamic Plan, the Conservative Allocation Islamic Plan, and the Moderate Allocation Islamic Plan, along with the Atlas Islamic Dividend Pl...

Rawalpindi, Fauji Cement Co. Ltd. presented its financial results, noting an EPS of Rs. 16.2 for the January-March 2024 period without declaring any dividend. The EPS reflects a modest uptick in earnings, signaling operational resilience. The compan...

Karachi, Paramount Modaraba, with the symbol FPRM, announced an earnings per share of Rs. 6.00 for the quarter ending March 2024. The modaraba, which has a paid-up capital of Rs. 137.88 million, has not declared a dividend for 2024, consistent with it...

Karachi, The Alfalah Consumer Index ETF (ACIETF), a significant player in the equity exchange-traded funds sector on the Pakistan Stock Exchange, recorded a daily weighted average rate of Rs. 9.84 today. The fund, with a size of Rs. 39.499 million, ha...

Karachi, The Bank of Khyber (BOK) has announced a dividend payout of 15% plus a 5%B bonus for the year 2023, up from no dividend previously. This is in conjunction with an earnings per share of 10.61 for the January to March 2024 period. The bank's sh...

Karachi, Atlas Insurance Ltd. (ATIL) has significantly increased its dividend distribution to 46% for 2023, up from 70% in the previous year, including a special 60% bonus. The company’s earnings per share for the first quarter of 2024 stood at 38.01 ...