Business

Karachi, Hoechst Pakistan Ltd has announced a significant dividend of 300% to its shareholders, according to recent filings with the Pakistan Stock Exchange. The pharmaceutical company’s shares experienced a range between 1422 RS and 1200 RS, with a m...

Karachi, United Bank Limited has issued a perpetual Tier-I Term Finance Certificate, UBLTFC5, featuring a profit rate based on 3M KIBOR +1.55%. With an issue size of Rs. 10,000,000,000, the bank has maintained the full amount outstanding to support it...

Karachi, Khairpur Sugar Mills Ltd. announced no distribution for the fiscal year ending September 2022, reflecting challenges in the sugar industry. The company, with a paid-up capital of Rs. 160.18 million, reported a low EPS of Rs. 1.08 for January ...

Karachi, The NBP Islamic Mahana Amdani Fund, offering an option for investors to earn monthly income compliant with Islamic laws, has set its offer and redemption prices at 11.66 and 11.53, respectively. Launched in 2019, the fund seeks to provide a r...

Karachi, Asia Insurance Co. Ltd. reported a nil distribution for the fiscal year ending December 2022. The company, which has a paid-up capital of Rs. 730.08 million, recorded a negative EPS of Rs. (1.01) for January to February 2024. With no high or ...

Karachi, UBL Special Savings Fund, along with its multiple savings plans, has updated its offer and redemption prices. Introduced in 2019, the fund provides a range of savings options, from Plans I through VI, with prices varying across the board to c...

Karachi, JS Global Banking Sector ETF, trading as JSGBETF, has noted a rate of 14.45 rupees with a daily average closely matching at 14.44 rupees. The ETF, which began in December 2023, has a fund size of 88.440 million rupees and offered a distributi...