Business & Finance News

Lahore, Asia Insurance Co. Ltd. (ASIC) has continued its practice of offering dividends to its shareholders, announcing a 5% distribution for 2023. The company, listed on the Pakistan Stock Exchange since 1980, did not report its earnings per share fo...

Karachi, EFU General Insurance Ltd. (EFUG) has maintained a consistent dividend payout of 100% for the years 2022 and 2023, according to the latest data from the Pakistan Stock Exchange. The company, with a paid-up capital of Rs. 2,000 million and a m...

Karachi, In a recent financial announcement made to the Pakistan Stock Exchange, K-Electric Ltd (KEL) has shown a stable performance for the quarter ending March 2024. The company's share price stood at Rs. 4.45 with a daily weighted average rate of R...

Karachi, The NBP Savings Fund has disclosed its financial outcomes for the year, noting an offer price of 11.88 and a redemption price of 11.49. The fund, which closed its previous books in 2022, announced a distribution rate of 6.17%, translating to ...

Karachi, Jahangir Siddiqui and Co has declared a 15% preference rights share issue, an initiative aimed at raising additional funds and providing an option for shareholders to potentially increase their investment in preference shares of the company...

Karachi, In the recent financial updates from the Pakistan Stock Exchange, Silkbank Ltd (SILK) demonstrated steadiness with its rate holding at Rs. 0.96. The bank's consistent performance is further evidenced by its parallel daily weighted average rat...

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 ...