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Karachi Stock Exchange Shows Strong Performance in April with Rise in Market Capitalization and Indexes

Karachi, The Karachi Stock Exchange witnessed robust growth in April, showcasing an upward trend in both market capitalization and key index measurements. According to information available from the Pakistan Stock Exchange (PSX), the listed capital stood at Rs. 1,675,353.476 million, while market capitalization soared to Rs. 9,746,961.299 million. The month saw a turnover of 9,177.241 million shares ready and 3,096.993 million in future contracts. Notably, the KSE 100 Index rose significantly to 71,102.550, accompanied by an increase in the KSE All Share Index to 46,554.240.

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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...