Business & Finance News

Karachi, Sazgar Engineering Works, listed as SAZEW, presented its latest financial figures without announcing dividends for the ongoing fiscal period. The company's share prices reflected some fluctuation, ranging from Rs. 436.32 to Rs. 179.00. Since ...

Karachi, Power Cement Ltd (POWER), another key player in the cement industry, announced its earnings for the January-March 2024 period. The company's shares saw a daily weighted average price of Rs. 5.44, peaking at Rs. 5.40 and dipping to a low of Rs...

Karachi, Standard Chartered Bank Pakistan Ltd. (SCBPL) showcased a notable financial disclosure with impressive distribution rates amid its recent PSE filings. The bank posted a today's rate of Rs. 45.38, closely matched by its average rate of Rs. 45....

Karachi, IBL Modaraba 1st NC, operating under the symbol FIBLM at the Pakistan Stock Exchange, announced its financial results for the quarter ended March 2024. The modaraba reported an EPS of Rs. 3 for the period. With a paid-up capital of Rs. 216.88...

Karachi, In a separate filing, Bank Makramah Limited has also proposed another rights issue at a rate of 11.2443%. This announcement comes alongside their 65% rights issue, reflecting the bank's strategic efforts to bolster its capital structure throu...

Karachi, Allied Bank Ltd. (ABL), a prominent entity on the Pakistan Stock Exchange, has reported a substantial increase in its dividend payouts for the year ending 2024, elevating the distribution from 85% in 2022 to 120% in 2023. This announcement co...

Karachi, The UBL Pakistan Enterprise ETF (UBLPETF) marked a daily weighted average rate of Rs. 15.93 and a fund size of Rs. 40.635 million. It traded between a high of Rs. 15.4 and a low of Rs. 14.05 throughout the first quarter of 2024, achieving a t...