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Universal Insurance Reports Unchanged Price; Minor Share Movement

May 6, 2024 Business & Finance News

Karachi, Universal Insurance maintained a stable stock price at Rs 5.1 throughout the trading day on May 6, 2024. A total of 500 shares were traded, with the price remaining unchanged despite a slight variance in the closing settlement price of Rs 5.7...

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S.S. Oil Mills Ltd. Records Significant Trading Activity

May 6, 2024 Business & Finance News

Lahore, S.S. Oil Mills Ltd. witnessed significant trading activity on the Pakistan Stock Exchange, with its stock price reaching Rs. 69.28, as per today's financial announcements. Established in 1994, the company reported a turnover of 135500 shares. ...

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Mirpurkhas Sugar Mills Lists Impressive Dividend and EPS Growth

May 6, 2024 Business & Finance News

Karachi, Mirpurkhas Sugar Mills Ltd. announced a dynamic dividend policy for 2024, with rates reaching up to 200%B. Despite not disclosing the current EPS, the company showcased substantial market activity with a turnover of 2,583,500 units. The stock...

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Ideal Spinning Mills Ltd. Announces Dividend Despite Losses

May 6, 2024 Business & Finance News

Karachi, Ideal Spinning Mills Ltd. has declared a 20% dividend despite recording a negative earnings per share (EPS) of Rs. 55.85 for the period from January to April 2024. The company's shares fluctuated between a high of Rs. 16 and a turnover of 55,...

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AKD Index Tracker Fund Holds Steady in Financial Market

May 6, 2024 Business & Finance News

Karachi, With no distributions reported in the previous year, the AKD Index Tracker Fund has an offer price of PKR 18.69 and a redemption price of PKR 18.5, as noted in the latest disclosures on the Pakistan Stock Exchange. The fund was listed in 2012...

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United Bank Limited’s Tier-I Perpetual TFC Remains Stable at Rs. 5,000 in PSE

May 6, 2024 Business & Finance News

Lahore, United Bank Limited's Tier-I perpetual TFC held steady at Rs. 5,000, with a total issue size of Rs. 10 billion, mirroring the outstanding principal. The profit rate remains at 3M KIBOR+1.55%. The next coupon date is set for July 29, 2024.

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Security Papers Ltd. Sees Rate of Rs. 140.22

May 6, 2024 Business & Finance News

Karachi, Security Papers Ltd. closed at Rs. 140.22 on the Pakistan Stock Exchange today. With a paid-up capital of Rs. 155 million, the company, listed since 1967, declared a distribution of 100% for the year. It reported a trading volume of 1,424,015...

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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.

  • PM Tasks Planning Ministry to Boost Exports of Precious Stones

    2 days ago
  • MOIB Dismisses Afghan Propaganda on Phantom Strikes in Kunar as Absurd

    2 days ago
  • Punjab CM Orders Financial Support for Low-Income Families

    2 days ago
  • DPM Reiterates Resolve to Promote Regional Peace, Stability

    2 days ago
  • DPM, Egyptian FM Discuss Latest Regional Situation

    2 days ago

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