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OLP Modaraba Announces Stable Dividend Amidst Positive Earnings

May 2, 2024 Business & Finance News

Karachi, OLP Modaraba declared a consistent dividend payout amidst a positive earnings outlook in its latest financial disclosure to the Pakistan Stock Exchange. The company, which has been on the PSE list since 1987, reported an EPS of Rs. 2.84 for J...

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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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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.

  • Hot, Humid Weather Expected Across Major Regions of the Country

    2 days ago
  • PM Urges Religious Scholars to Combat Sectarianism and Extremism Among Youth

    2 days ago
  • Initial Reports Indicate Short Circuit Caused PIMS Hospital NICU Fire: Tariq

    2 days ago
  • Dar Reiterates Pakistan’s Commitment to Commonwealth

    2 days ago
  • Pak Army Organizes Free Medical Camp in Rawalakot Amid Protests

    2 days ago

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