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Sui North Gas Shares Show Moderate Fluctuations in PSX Trading Session

May 24, 2024 Business & Finance News

Karachi, The trading session at the Pakistan Stock Exchange (PSX) on Wednesday witnessed moderate fluctuations in the shares of Sui North Gas, with the company’s stock showing varying performances across different maturities. Sui North Gas’s primary...

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IGI Life Insurance Sees Drop in Profit Despite Increase in Gross Premium

May 24, 2024 Business & Finance News

Karachi, IGI Life Insurance Limited reported a decline in profit after tax for the first quarter of 2024, despite a significant increase in gross premium written. Gross premium for the quarter stood at Rs. 3.248 billion, compared to Rs. 1.778 billion ...

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Loads Limited Reports Significant Losses Without Dividends

May 24, 2024 Business & Finance News

Karachi, Loads Limited (LOADS) faced substantial challenges, evidenced by a significant loss with an earnings per share of -5.00, resulting in no dividend distribution this year. According to information available from the Pakistan Stock Exchange (PSX...

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Cnergyico PK Limited Announces Resumption of Refinery Operations

May 24, 2024 Business & Finance News

Karachi, Cnergyico PK Limited has officially announced the resumption of its refinery operations starting May 25, 2024. The company had previously communicated a temporary shutdown to the Ministry of Energy (Petroleum Division) through a letter dated ...

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Janana De Malucho Textile Mills Limited Struggles with Significant Losses

May 24, 2024 Business & Finance News

Karachi, Janana De Malucho Textile Mills Limited reported no dividends for June, with a closing stock price of PKR 62.78, slightly below its daily weighted average rate of PKR 62.97. According to information available from the Pakistan Stock Exchange ...

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UBL Pakistan Enterprise ETF Distributes Significant Returns

May 24, 2024 Business & Finance News

Karachi, The UBL Pakistan Enterprise ETF (UBLPETF) announced a 9% distribution for 2022 and projects a 14% distribution for 2023. According to information available from the Pakistan Stock Exchange (PSX), The fund, listed in 2020, maintains a daily ra...

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Century Insurance Co. Ltd. Increases Dividend to 45%

May 24, 2024 Business & Finance News

Karachi, Century Insurance Co. Ltd. (CENI) has increased its dividend payout to 45% from 25% last year. According to information available from the Pakistan Stock Exchange (PSX), the company's shares traded between 20.01 and 32.79, with a turnover of ...

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Asianet Pakistan

Asia Net Pakistan is a website that provides press release distribution and publishes news online across various sectors including business, politics, sports, and entertainment. The primary goal is to keep readers informed about happenings that can impact their lives. The website publishes news and highlights issues, urging concerned authorities to address them.

  • Met Office Predicts Rain and Thunderstorms Across Regions

    2 days ago
  • Pakistan Highlights Concerns Over Disinformation in Conflict Situations

    2 days ago
  • CM Sindh Invites Uzbek Investors to Invest in Dhabeji Special Economic Zone

    2 days ago
  • Punjab Govt Decides to Launch Four-Month Accelerated Tech Training Program for Youth

    2 days ago
  • National Youth Employment Policy to Be Launched Soon: Mashhood

    2 days ago

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