Crescent Star Insurance Ltd Reports Modest Earnings Amidst Static Growth

Karachi, Crescent Star Insurance Ltd (CSIL), operating in the insurance industry since 1957, recorded a modest earnings per share (EPS) of 0.25 for the early months of 2024. Despite a no dividend policy for the past years, the company maintains its operations with a paidup capital of Rs. 1,076.95 million. Today’s trading saw the shares at Rs. 2.82, slightly below the daily weighted average of Rs. 2.84, on a turnover of 6,832,500 shares. The share price observed a high of Rs. 2.75 and a low of Rs. 1.55, indicating a narrow trading range and steady investor interest in CSIL’s market performance.

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PSX Issues Buy-Back Directive for Three Companies Over Regulatory Non-Compliance

Karachi: The Pakistan Stock Exchange (PSX) has issued a compulsory buy-back directive to the sponsors and majority shareholders of three companies, following their continued failure to comply with specific financial regulations. The companies have bee...

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