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NIT Pakistan Gateway ETF Reports High Distribution Rates

May 24, 2024 Business & Finance News

Karachi, The NIT Pakistan Gateway ETF (NITGETF), which began in 2020, announces a distribution of 9.342% for 2022. According to information available from the Pakistan Stock Exchange (PSX), With a daily rate of 18.55, the fund recorded a high trading ...

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First Capital Securities Corp. Ltd Faces a Minor Setback

May 24, 2024 Business & Finance News

Karachi, First Capital Securities Corp. Ltd (FCSC) experienced a slight downturn with an EPS of -0.23. According to information available from the Pakistan Stock Exchange (PSX), the company's stock traded at rates ranging from 1.01 to 1.4, with a sign...

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NI(U)T Fund Issues Substantial Distributions

May 24, 2024 Business & Finance News

Karachi, The NI(U)T Fund declared a distribution of Rs 4.50 per unit, with a subsequent adjustment to Rs 2.33 per unit for the year ending June 2023. The fund's redemption price was noted at Rs 65.97 against an offer price of Rs 67.95. According to in...

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Sindh Modaraba Declares Significant Dividend Yield

May 24, 2024 Business & Finance News

Karachi, Sindh Modaraba (SINDM) has declared a substantial dividend of 12.50%, an increase from the previous year’s 12%. According to information available from the Pakistan Stock Exchange (PSX), the firm's paid-up capital is 450.00 million and it pos...

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Constellation Modaraba 1st NC Posts June Financial Metrics

May 24, 2024 Business & Finance News

Karachi, Constellation Modaraba 1st NC reported a net tangible asset value of PKR 64.62 this June, with no trading activity recorded for the month. According to information available from the Pakistan Stock Exchange (PSX), this positions the company u...

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Millat Tractors Limited Announces Extraordinary General Meeting for Major Merger with Millat Equipment Limited

May 24, 2024 Business & Finance News

Lahore, Millat Tractors Limited has scheduled an Extraordinary General Meeting (EGM) for June 15, 2024, to discuss a significant Scheme of Arrangement involving a merger with Millat Equipment Limited. The meeting, necessitated by an order from the Lah...

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Gharibwal Cement Ltd Announces Dividend Amid Steady Share Prices

May 24, 2024 Business & Finance News

Karachi, Gharibwal Cement Ltd closed today's trading session with a share price of Rs. 30.19, slightly below its daily average of Rs. 30.45. According to information available from the Pakistan Stock Exchange (PSX), the company declared a 10% dividend...

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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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