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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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Altern Energy Ltd. Announces Dividend, Closes Transfer Books

Karachi, Altern Energy Ltd. will close its transfer books from May 30, 2024, to May 31, 2024, to facilitate a 15% dividend issuance to its shareholders. The BC-2 start date ex-price is scheduled for May 27, 2024. According to information available fro...