Business

Karachi, The Pakistan Stock Exchange witnessed fluctuating trading activity in the shares of Sui Northern Gas Pipelines Limited (SNGP) and Sui Southern Gas Company Limited (SSGC) on Thursday, 22 March, according to the market's closing summary. SNGP...

Karachi, Hub Power Holdings Limited has outlined the next payment date for its Sukuk security, HUBPHLSC. The security, with a tenure of 5 years, is slated to provide a profit rate of 6M KIBOR + 2.5%. The forthcoming coupon payment for investors is sch...

Karachi, TPL Trakker Ltd (TPLT), offering vehicle tracking solutions, maintained its opening stock price on the Pakistan Stock Exchange on March 22, 2024. The stock opened and closed at 6.19, with a low of 6 and a high of 6.15, leading to a closing pr...

Karachi, D.G. Khan Cement Co. Ltd. (DGKC) disclosed a significant loss with an EPS of -8.30 for the period of January-February 2024. With a daily weighted average share price of 63.95 PKR, the company faces industry-wide challenges, as evidenced by it...

Karachi, Ghani Chemical Industries Ltd. (GCIL), engaged in the chemical sector of the Pakistan Stock Exchange, reported no changes in its financial distributions, maintaining NIL dividends and bonus issues. The company, with a paid-up capital of Rs. 5...

Karachi, The Alfalah GHP Alpha Fund, with an aim to achieve long-term capital appreciation, has announced a 4.34% distribution for the year ending June 2022. The Fund, which was listed in 2008, did not report any distribution for the following year, r...

Karachi, Bank Islami Pakistan Limited has announced the issuance of a Sukuk (Tier-I) worth PKR 1 billion. The perpetual Sukuk, identified as BIPLSC2, carries an interest rate of the 1-month Karachi Interbank Offered Rate (KIBOR) plus 2.5%. This strate...