Karachi, Allawasaya Textile Mills Ltd. NC (AWTX) announced a substantial dividend of 72.5% for 2023, with an additional 25% reserve dividend. Trading at a premium, today’s rate closed at Rs. 1255.00, with a minimal trading volume of 40 shares. The com...
Read More »NI(U)T Fund Delivers Steady Returns, Projects Continued Earnings
Karachi, The NI(U)T Fund, with an offer price of 67.95 and a redemption price of 65.97, distributed Rs 4.50 per unit in 2022 and projects returns of Rs 2.33 per unit for 2024. One of the oldest funds, established in 1964, it has provided consistent fi...
Read More »Meezan Sovereign Fund Reports No Change in 2023
Karachi, The Meezan Sovereign Fund, focusing on sovereign investments, remains steady with an offer price of Rs 63.18 and a redemption price of Rs 62.47. According to information available from the Pakistan Stock Exchange (PSX), there were no distribu...
Read More »Meezan Asset Allocation Fund Delivers Impressive Returns
Karachi, The Meezan Asset Allocation Fund, listed in 2017, achieved a remarkable annual distribution of 19.00% in June 2022. The fund has an offer price of Rs. 65.16 and a redemption price of Rs. 63.02. According to information available from the Paki...
Read More »Thal Industries Reports Decline in Sugar Recovery Amid Adverse Conditions
Lahore, The Thal Industries Corporation Limited released its unaudited financial results for the six months ending March 31, 2024. According to information available from the Pakistan Stock Exchange (PSX), the company reported a decrease in sugar reco...
Read More »Saif Power Ltd Announces Substantial Dividend Increases
Karachi, Saif Power Ltd, trading under the symbol SPWL, has announced a notable increase in dividends, declaring an 85% payout for 2022 and an expected 42.90% for 2023. The company's strong financial health is reflected in its significant paid-up capi...
Read More »Raza Elahi Appointed Independent Director at PSX Listed Company
Karachi, The Board of Directors of a Pakistan Stock Exchange (PSX) listed company has appointed Mr. Raza Elahi as the Independent Director, effective May 31, 2024. Mr. Elahi will serve for the remaining term of the Board, replacing Mr. Saif Hasan. Acc...
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