Business & Finance News

Karachi, Mughal Iron & Steel Industries Limited has introduced a 5-Year Sukuk, MUGHALSC, to support its expansion and growth initiatives. With an issuance size of Rs. 3 billion and a face value of Rs. 1 million per unit, this Sukuk is set for ...

Karachi, Pakistan Reinsurance Co. Ltd. has declared a 7.5% dividend for the year ending 2022/2023, showcasing a solid financial stance with an earnings per share of 2.92. The company's stock traded at a rate of 14.22 today, backed by a substantial pai...

Karachi, The UBL Money Market Fund announced its financial distributions, showing a decrease from 5.40% in 2022 to 5.14% in 2023. The offer price was recorded at 109.87, with a redemption price of 108.64. Since its listing in 2014, the fund has aimed ...

Karachi, In compliance with the Pakistan Stock Exchange (PSE) Rule Book and the Companies (Postal Ballot) Regulations, 2018, Hoechst Pakistan Limited, formerly known as Sanofi-Aventis Pakistan Limited, has announced the issuance of a ballot paper for ...

Karachi, Cyan Limited, a key player in the investment sector, reported a negative earnings per share (EPS) of Rs. -7.13 for January-February 2024. With no dividends or bonuses announced for the fiscal year 2022/2023, the company reflects a challenging...

Karachi, Rupali Polyester Ltd. (RUPL), active in the synthetic and rayon sector, faced a challenging financial period for Jan-Feb 2024, according to details from the Pakistan Stock Exchange (PSE). The company's shares were traded at a daily weighted a...

Karachi, Hinopak Motors Limited has announced the resignation of Mr. Akira Uchida from its Board of Directors, effective March 31, 2024. The company communicated the departure through a notice to the Pakistan Stock Exchange, underscoring the departure...