Elite Capital Modaraba Faces Loss, Despite High Turnover

Karachi, Elite Capital Modaraba 1st (FECM) has experienced a downturn, reporting a loss of Rs. 0.62 per share for January-March 2024. Despite the negative earnings, the modaraba saw a high turnover of 269000 shares during the period. Listed in 1992, no dividends were declared for this quarter. The previous book closure date was October 20.

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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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