Business

Karachi, A significant shift in the corporate landscape is underway as Mr. Asif Ali Shaikh, in collaboration with Mr. Muhammad Hanif Shaikh and Mr. Kashif Mumtaz, announced their intention to acquire approximately 83.96% of the shares and control of C...

Karachi, The Pakistan Capital Market Fund, with an offer price of Rs. 14.04 and a redemption price of Rs. 13.73, remains steady in its market position, as per the latest data from the Pakistan Stock Exchange. Despite not declaring any distributions fo...

Karachi, Loads Limited (LOADS), operating within the Automobile Parts & Accessories sector, reported a substantial loss with an earnings per share (EPS) of negative Rs. 5.00 for the JanuaryFebruary 2024 period. No dividend was announced by the com...

Multan, Reliance Weaving Mills (REWM), listed on the Pakistan Stock Exchange, has announced a dividend of 40% for its shareholders. The company's earnings per share (EPS) for the JanuaryFebruary 2024 period stood at 6.59. With a paidup capital of 308....

Karachi, The close-end mutual fund sector had a market capitalization of Rs. 2,877,265,000, with 48,500 shares traded and a value of Rs. 262,505.000 as of March 13, 2024. The current index was at 1,959.990, decreasing by 10.810, and accounted for 0.03...

Karachi, Cherat Cement Co. Ltd. (CHCC) has reported a substantial earnings per share (EPS) of 22.67 for the period of JanuaryFebruary 2024. The company declared a 30% dividend for the previous year and projected a 45% dividend for the current year, wi...

Karachi, The UBL Financial Planning Fund, including its Active Principal Preservation Plans I, II, and III, reported a mix of returns and values. The main fund itself, with no current prices available, declared distributions ranging between 0.4948% an...