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NBP Pakistan Growth ETF Reports Modest Turnover

May 2, 2024 Business & Finance News

Karachi, The NBP Pakistan Growth ETF (NBPGETF) recorded a turnover of just 59,000 units with a daily weighted average rate of Rs. 86.391 and today’s rate of Rs. 16.05. Launched in 2020, the fund has a size of Rs. 10 million and offers a distribution r...

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Allawasaya Textile & Finishing Mills Ltd. Plans Rights Issue

May 2, 2024 Business & Finance News

Karachi, Allawasaya Textile & Finishing Mills Ltd. has declared a 25% rights issue. This move aims to provide shareholders the opportunity to augment their shareholdings at a predetermined rate, reflecting the company's plans for expansion or debt red...

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Bank Makramah Limited Issues Additional Rights at 11.2443%

May 2, 2024 Business & Finance News

Karachi, In a subsequent announcement, Bank Makramah Limited has listed an additional rights issue at a rate of 11.2443%. This follows their earlier declaration and is intended to further strengthen the bank's capital structure.

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Husein Industries Maintains Stable Prices with No Dividend Announced

May 2, 2024 Business & Finance News

Karachi, Husein Industries (HUSEIN) sustained a stable market with a closing rate of PKR 17.50. The company, which did not announce any dividend, shows a daily weighted average price of PKR 17.50. The turnover reached 887,500 shares. Husein Industries...

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KSB Pumps Company Limited Announces Significant Rights Issue

May 2, 2024 Business & Finance News

Karachi, KSB Pumps Company Limited has announced a rights issue at a rate of 134.0909%, as per the latest disclosures to the Pakistan Stock Exchange. This substantial rights issue will allow shareholders to increase their investment in the company pro...

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Jauharabad Sugar Mills Maintains Consistent Distribution

May 2, 2024 Business & Finance News

Karachi, Jauharabad Sugar Mills Ltd. reported steady financial outcomes for January-April 2024. The company’s daily weighted average rate was noted at 18.78, with consistent distributions of 10% over the past two years. It recorded a turnover of 1,535...

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Saif Power Ltd. Announces Robust Dividends and Positive Earnings

May 2, 2024 Business & Finance News

Islamabad, Saif Power Ltd., a significant entity in the power sector, declared an 85% dividend and a 42.90% bonus for its shareholders today. The company, which closed its books in December, reported a positive EPS of 5.05 rupees from January to April...

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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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