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Karachi Stock Exchange Reports Progressive Growth in March

May 29, 2024 Board Meetings

Karachi, The Karachi Stock Exchange reported considerable market gains in March. According to information available from the Pakistan Stock Exchange (PSX), the listed capital increased to Rs. 1,673,001.673 million. Market capitalization also grew, rea...

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Final Book Closure Dates Announced for First UDL Modaraba Merger with UDL International

May 29, 2024 Business & Finance News

Karachi, First UDL Modaraba (FUDLM) has announced the final book closure dates as part of its merger with UDL International Limited (UDLI), according to information available from the Pakistan Stock Exchange (PSX). This follows the Scheme Sanctioned b...

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Bata Pakistan Announces Historic Dividend Rates for Shareholders

May 29, 2024 Business & Finance News

Karachi, Bata Pakistan Ltd., listed under the symbol BATA, announced an extraordinary dividend of 1800% for December, underscoring its robust profitability. The company’s today’s rate was Rs. 1684.30, with a daily weighted average of Rs. 1697.53. Acco...

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Habib Sugar Mills Reports Robust Dividend Amid Positive Growth

May 29, 2024 Business & Finance News

Karachi, Habib Sugar Mills Ltd., symbol HABSM, announced a strong performance with a 70% dividend for this year and an impressive 120% projected for the next year. The stock closed at Rs. 66.05, slightly below its daily average of Rs. 66.43. According...

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FAST CABLES LIMITED REPORTS INITIAL PUBLIC OFFERING SUBSCRIPTION RESULTS

May 29, 2024 Business & Finance News

Karachi, Fast Cables Limited announced the subscription results for its Initial Public Offering (IPO) of ordinary shares, According to information available from the Pakistan Stock Exchange (PSX). The public subscription, which took place on May 22 an...

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United Bank Limited Launches Perpetual Debt Securities

May 29, 2024 Business & Finance News

Karachi, United Bank Limited has introduced perpetual debt securities under the symbol UBLTF C 5, featuring a face value of Rs. 5,000 each. According to information available from the Pakistan Stock Exchange (PSX), the issue size is Rs. 10,000,000,000...

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Minister Applauds European Recognition of Palestinian State

May 29, 2024 Ministries, Official News

Islamabad, Minister for Privatization Abdul Aleem Khan has described the recognition of the independent state of Palestine by European countries as a significant step. According to Ministry of Information and Broadcasting, Minister Aleem Khan expres...

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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.

  • Mainly Hot and Humid Conditions to Persist in Plain Areas

    2 days ago
  • Pakistan and UK Agree on Structured Dialogue Mechanism to Strengthen Bilateral Ties

    2 days ago
  • AJK Assembly to Elect Leader of House Tomorrow

    2 days ago
  • PM Lauds KSA’s Pivotal Role in Promoting Regional Peace

    2 days ago
  • Punjab CM Visits China’s Leading Dairy Enterprise in Xinjiang

    2 days ago

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