Business

Lahore, In accordance with Section 159(4) of the Companies Act, 2017, MCB Bank Limited has announced the unopposed election of its board of directors for the term commencing on March 27, 2024. The notification, set to be published in the "Business Rec...

Karachi, Grays Leasing Ltd, a company listed on the Pakistan Stock Exchange under the ticker GRYL, has reported no dividend payout for the current period. With a nominal value of Rs. 215.00 per share, the company did not announce any interim or final ...

Karachi, Saritow Spinning Mills Ltd has experienced significant financial distress, reporting a negative EPS of Rs. (14.45) for January-February 2024. With no dividends declared for this period, the company, listed since 1990, is facing stark challeng...

Karachi, The JS Momentum Factor ETF (JSMFETF), with both its opening and closing rates at 15.00, has made a steady impact on the Pakistan Stock Exchange. The fund, boasting a size of Rs. 72.946 million and listed in 2022, operates with a par value of ...

Karachi, The NIT - Income Fund, a part of the mutual funds listed since 2010, has published its annual financial details. Ending the year in June, it posted an offer price of PKR 11.1 and a redemption price of PKR 10.99. The fund declared a distributi...

Karachi, The business sector in Pakistan has expressed optimism following the appointment of Muhammad Aurangzeb as the new Finance Minister, anticipating a shift toward merit-based economic decision-making. The appointment has garnered positive reactio...

The post Business Community Welcomes Aurangzeb’s Appointment as Finance Minister in Pakistan appeared first on Pakistan Business News.

Karachi, Kohinoor Spinning Mills Ltd (KOSM) faced a tough year in 2022/2023, reporting a loss of Rs. 3.37 per share. The company, with a paid-up capital of Rs. 2,060.53 million, did not declare any dividends, underscoring the broader challenges within...