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UBL Income Opportunity Fund Posts Decline in Earnings

May 2, 2024 Business & Finance News

Karachi, The UBL Income Opportunity Fund has reported a decline in returns from 5.00% in June 2023 to 4.74% in June 2024, with an offering price of Rs 121.15 and a redemption price of Rs 119.13.

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Shahtaj Textile Limited Records Double-Digit EPS

May 2, 2024 Business & Finance News

Karachi, Shahtaj Textile Limited (PSE: STL) reported a substantial earnings per share (EPS) of Rs 15.84 for the first four months of 2024. The company, listed since 1992, declared a 130% distribution for the fiscal year ending in June 2023, with a pri...

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Dawood Hercules Corporation Announces Substantial Dividends

May 2, 2024 Business & Finance News

Karachi, Dawood Hercules Corporation revealed robust financial results with an EPS of Rs 7.67 for January-April 2024. The company's turnover reached 9,996,474, and the stock price today was Rs 144.37. It announced a 150% dividend for the last year and...

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Meezan Pakistan ETF Continues Steady Performance

May 2, 2024 Business & Finance News

Karachi, The Meezan Pakistan ETF (MZNPETF) continues to perform well with a daily weighted average rate of Rs. 82.808 and today’s rate of Rs. 13.65. Listed in 2020, the fund boasts a size of Rs. 10 million, a par value of Rs. 10, and a market lot of 5...

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UBL Financial Sector Fund and Conservative Allocation Plan Post Mixed Returns

May 2, 2024 Business & Finance News

Karachi, The UBL Financial Sector Fund, along with its Conservative Allocation Plan, has revealed mixed results for June. The main fund reported no earnings, while the Conservative Allocation Plan showed a minor return of 0.3245%, and an increase in t...

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Ibrahim Fibres Ltd Reports Strong Earnings

May 2, 2024 Business & Finance News

Karachi, Ibrahim Fibres Ltd, another entity in the synthetic and rayon sector, saw its stock reach 400.00 rupees today. The company, which went public in 1995, has posted an EPS of 17.1 for the current fiscal year. No dividends were announced for this...

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Pakistan Telecommunication Company Ltd. Granted Extension for AGM

May 2, 2024 Board Meetings

Karachi, Pakistan Telecommunication Company Ltd. (PTCL) has received an extension from the Securities and Exchange Commission of Pakistan (SECP) for holding its Annual General Meeting (AGM). The extension moves the deadline from the original date base...

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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.

  • Rain and Wind Thundershowers Expected Across Multiple Regions

    2 days ago
  • PM Calls for Strict Action at Every Level to Eliminate Electricity Theft

    2 days ago
  • President, Interior Minister Discuss Law and Order Situation

    2 days ago
  • President, Interior Minister Discuss Law and Order Situation

    2 days ago
  • DPM, Saudi FM Discuss on Regional, Int’l Developments

    2 days ago

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