Business & Finance News

Karachi, JS Investments Ltd (JSIL) has recorded a promising earnings per share of Rs 14.51 for the January-March 2024 period, demonstrating consistent financial performance. The company’s stock hovered around Rs 16.00, closely aligning with its daily ...

Karachi, The Pakistan Income Fund, operational since 2002, has reported no distributions for the year ending June 2023. The fund, which offered a distribution of Rs 3.54 per unit in 2022, posted an offer price of Rs 60.16 and a redemption price of Rs ...

Karachi, The UBL Government Securities Fund, listed since 2011, has declared a 4.97% distribution for 2023, slightly up from 4.95% in the previous year. The offer and redemption prices were recorded at Rs 116.14 and Rs 114.84, underscoring the fund's ...

Karachi, TPL Insurance Ltd. (TPLI) has announced a notable 30% dividend, showcasing robust growth. The company's EPS increased to 9.41, indicating strong profitability. The stock traded at an average rate of 14.33, reflecting investor confidence in TP...

Karachi, Mirpurkhas Sugar Mills Ltd. (MIRKS) significantly increased its dividend distribution from 15% in 2022 to an impressive 200% in 2023, with an additional 42.957% rights issuance. The market response was positive, as seen in the company's stock...

Karachi, In an update from the Pakistan Stock Exchange, Aisha Steel (Convt Pref) (ASLCPS) and Aisha Steel (Preference) (ASLPS) revealed distinct financial results for the period. ASLCPS, with a notable shift, priced at Rs. 24.90, did not disclose its ...

Karachi, The UBL Liquidity Plus Fund and UBL Money Market Fund, with listing years of 2009 and 2014 respectively, reported steady distributions for 2023. The Liquidity Plus Fund distributed 5.80%, and the Money Market Fund distributed 5.14%, reflectin...