Business & Finance News

Karachi, United Bank Limited has initiated a perpetual debt issuance, "TFC (Tier-I)" under the symbol UBLTFC5, amassing PKR 10 billion, which remains fully outstanding. With an individual market lot and a face value of PKR 5,000, the interest is pegge...

Karachi, Tariq Corporation Ltd., offering preference shares, recorded a stable performance in the first quarter of 2024. The preference shares, introduced in 2022, marked an EPS of Rs. 5.24, showing consistent growth. Although no dividends were declar...

Karachi, Frieslandcampina Engro Pakistan, active in the PSX since 2011, has reported its EPS at Rs. 63.5 for the first quarter of 2024. Without any recent dividends or rights share distributions, the company's stock fluctuated between Rs. 67.49 and Rs...

Karachi, EcoPack Ltd. (NC) witnessed no change in its stock price, closing the session at 13.98 Rs. The company, with a trading volume of 364,500 shares, declared a 15% dividend for its shareholders. EcoPack Ltd., which has been a part of the Pakistan...

Karachi, In a recent board meeting, Cordoba Logistics and Ventures Limited confirmed significant leadership decisions following the election of directors. The company has officially re-appointed Mr. Zeshan Afzal as the Chairman of the Board of Direc...

Karachi, The Alfalah GHP Cash Fund, a key financial product since 2010, has declared a 6.63% distribution for the fiscal year ending in June 2024. This announcement comes alongside a notable redemption price of 590.13 and a per-unit distribution of Rs...

Islamabad, EFU Life Assurance Limited has announced the completion of its acquisition of 100% of the shares in EFU Health Insurance Limited, according to a disclosure made to the Pakistan Stock Exchange (PSE) today. This move is a significant developm...