Business & Finance News

Karachi, Secure Logistics Group Limited (SLG) has set a strike price of PKR 12 per share for its Initial Public Offering (IPO) after receiving approval from the Pakistan Stock Exchange (PSX), as confirmed by Arif Habib Limited. The approval, detailed ...

Karachi, International Knitwear Ltd (INKL), a company listed on the Pakistan Stock Exchange since 1994 with a paid-up capital of 96.75 million rupees, has reported an earnings per share (EPS) of 2.28 rupees for the year ending January-February 2024. A...

Karachi, In a significant move within the Pakistan Stock Exchange, Aftab Ahmad, the Chief Executive Officer and a substantial shareholder of Modaraba Management Company, has acquired 59,500 shares of the company. The transaction, dated March 28, 2024,...

Karachi, Soneri Bank Ltd. (SNBL) has posted a positive earnings per share of 1.71 for the January-February 2024 period, along with declaring a 10% distribution for 2022 and a 30% for 2023. The bank, a fixture on the Pakistan Stock Exchange since 1992,...

Karachi, Shadman Cotton Mills Ltd. (PSE: SHCM), a firm within the textile spinning sector, has posted an earnings per share (EPS) of Rs. 5.31 for the fiscal year ending February 2024. Despite the positive earnings, the company, which has been listed o...

Karachi, Bank Alfalah Limited has successfully disbursed the final cash dividend for the year ended December 31, 2023, to its shareholders. The dividend, set at Rs. 5 per share, equivalent to a 50% payout, was credited electronically to the designated...

Karachi, Bank Islami Pakistan Limited has issued Sukuk (Tier-I) with a perpetual tenor. The Sukuk, known as BIPLSC, is offered with a market lot of 1 and a face value of Rs. 5,000. These Islamic financial certificates come with a profit rate based on ...