Karachi, The UBL Government Securities Fund has announced a slight increase in its annual distribution rates for the years 2022 and 2023, marking a marginal growth from 4.95% to 4.97%. The fund's offer and redemption prices were recorded at 116.14 and...
Read More »Business Leader S.M. Tanveer Optimistic About New Leadership’s Impact on Pakistan’s Economy
Karachi, S.M. Tanveer, Patron-in-Chief of the United Business Group, congratulated Asif Ali Zardari and Mian Shehbaz Sharif on their elections as President and Prime Minister of Pakistan, outlining his expectations for economic reforms under their lead...
The post Business Leader S.M. Tanveer Optimistic About New Leadership’s Impact on Pakistan’s Economy appeared first on Pakistan Business News.
Read More »Attock Cement Pakistan Ltd. Announces Impressive Earnings and Dividend Payout
Karachi, Attock Cement Pakistan Ltd. (ACPL) has declared a notable increase in its earnings per share (EPS) for the January-February 2024 period, reaching Rs. 11.03. The company, listed on the Pakistan Stock Exchange (PSE) since 2002, has announced a ...
Read More »East West Insurance Company Announces Major Sale of Askari Life Assurance Shares
Karachi, In a significant financial move, East West Insurance Company Limited has reported a substantial sale of shares in Askari Life Assurance Company Limited, according to a disclosure made to the Pakistan Stock Exchange (PSE). The sale, documented...
Read More »MCB Bank Announces Record Dividend and Exceptional Earnings
Lahore, MCB Bank Ltd. (MCB), in its latest financial report to the Pakistan Stock Exchange, declared an unprecedented dividend payout of 300% and reported a striking earnings per share growth to Rs. 27.63 for January-February 2024. The bank's share ra...
Read More »AKD Announces Daily Dividend for Islamic Daily Dividend Fund
Karachi, AKD Investment Management Limited has declared a daily dividend payment for its AKD Islamic Daily Dividend Fund (AKDIDDF) on March 17, 2024. The Chief Executive, representing the Board of Directors, approved the distribution announcement. T...
Read More »JS Islamic Funds Report Mixed Results in Annual Distributions
Karachi, The JS Islamic Funds have reported mixed results in their annual distributions for the year ending in June 2024. The JS Islamic Fund, with an impressive offer price of 130.53 and a redemption price of 126.25, declared a significant distributi...
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