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Textile Spinning Sector Observes Index Growth

May 17, 2024 Business & Finance News

Karachi, The Textile Spinning sector experienced growth in its index on the Pakistan Stock Exchange. The sector's market capitalization was 58,139,355,312 rupees, with an exceptionally high volume of 47,822,626 shares traded. According to information ...

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Sindh Modaraba Announces Double-Digit Distributions

May 17, 2024 Business & Finance News

Karachi, Sindh Modaraba (SINDM) declared a 12% distribution, with an additional 12.50% for the year, according to information available from the Pakistan Stock Exchange (PSX). The company’s trading volume stood at 145,500 shares. Listed in 2015, Sindh...

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Hafiz Limited Shares Trade at Rs. 167.50

May 17, 2024 Business & Finance News

Karachi, Hafiz Limited shares traded at Rs. 167.50 today. The company has a paid-up capital of Rs. 12 million and a fiscal year ending in June. Hafiz Limited declared a distribution of 20% for both 2022 and 2023, with a par value of Rs. 10 per share. ...

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Bank Alfalah Limited Announces High Dividend Payouts Amid Strong Performance

May 17, 2024 Business & Finance News

Karachi, Bank Alfalah Limited, listed as BAFL, recorded a closing rate of Rs. 62.43 and a daily weighted average of Rs. 62.12. The bank declared a 50% dividend in 2022, which increased to 80% in the following year. According to information available f...

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Pakistan Cables Director Gifts Shares to Family Members

May 17, 2024 Business & Finance News

Karachi, In a recent disclosure compliant with clause 5.6.4. of the Pakistan Stock Exchange (PSX) Regulations, Pakistan Cables Limited has reported substantial transactions by Mr. Kamal Chinoy, a Director of the company. According to information avail...

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Sui Southern Gas Co. Ltd Faces Significant Losses

May 17, 2024 Business & Finance News

Karachi, Sui Southern Gas Co. Ltd (SSGC) reported substantial losses with a negative earnings per share of Rs. -12.99 for the first four months of 2024. The company's shares traded at Rs. 10.51 today, with a daily average closely matching at Rs. 10.50...

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Emergent Board Meeting Scheduled by Lahore-Based Company to Discuss Non-Financial Matters

May 17, 2024 Business & Finance News

Lahore, An emergent meeting of the Board of Directors of a Lahore-based company is scheduled for Wednesday, May 22, 2024, focusing on topics other than financial results. The agenda and specifics of the meeting have not been disclosed to the public. ...

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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.

  • Death Anniversary of Yousaf Khan Observed

    2 days ago
  • Over 2.2 Million Registered Under Fuel Relief Scheme: Tarar

    2 days ago
  • President, PM Laud Security Forces for Killing 8 Khwarij in Hangu

    2 days ago
  • Government Initiates Transition to Competitive Electricity Market: Awais

    2 days ago
  • Over 17,000 Pilgrims Secure Hajj Bookings via Pak Hajj App

    2 days ago

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