Karachi Stock Exchange Observes Modest Movements in January

Karachi, January saw modest trading activity at the Karachi Stock Exchange. According to information available from the Pakistan Stock Exchange (PSX), the listed capital reached Rs. 1,669,726.507 million. Market capitalization was recorded at Rs. 9,073,759.924 million. The turnover of shares ready amounted to 11,737.426 million, with future contracts at 4,167.581 million. The KSE 100 Index stood at 61,979.180, while the KSE All Share Index was slightly lower at 41,892.680.

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Al-Abbas Sugar Mills Limited to Issue Significant Dividend

Karachi, Al-Abbas Sugar Mills Limited has announced a substantial dividend of 150% for shareholders, with the transfer books closing from May 30, 2024, to June 1, 2024. The BC-2 start date for ex-price has been set for May 27, 2024. According to infor...