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Exchange Traded Funds Face Significant Index Reduction

April 26, 2024 Business & Finance News

Karachi, The Exchange Traded Funds sector recorded a sharp decline in its index by 3,242,939.66 points, ending at 723,429.40. The turnover for the day was 366,500, indicating substantial trading despite the negative performance.

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Glass & Ceramics Sector Faces Significant Index Drop

April 26, 2024 Business & Finance News

Karachi, Facing a downturn, the Glass & Ceramics sector reported a drastic fall in its index by 3,915,111.230, settling at 490,643,770.330. Despite the large numeric change, this represents only a 0.631% shift in market capitalization, highlig...

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Engro Polymer & Chemicals Announces Resignation of Chairman Ghias Khan

April 26, 2024 Business & Finance News

Karachi, Engro Polymer & Chemicals Limited has announced the resignation of Mr. Ghias Khan from his position as Chairman and Director of the company, effective April 25, 2024. The board of directors will address the resulting vacancy i...

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Automobile Parts Sector Experiences Modest Growth

April 26, 2024 Business & Finance News

Karachi, In the automobile parts and accessories sector, a moderate trading volume of 3,030,747 was recorded. The current index rose by 555.050 points to 51,924.530, which constitutes a 0.882% share of the market. This sector saw steady, albeit smalle...

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Image Pakistan Announces Consistent Dividends; Shares Rise

April 26, 2024 Business & Finance News

Karachi, Image Pakistan Ltd. (IMAGE) declared a consistent dividend payout of 15% in bonus shares, with an additional retention rate of 75%. The company reported an EPS of Rs. 1.91 for the first quarter of 2024. Shares traded today at Rs. 13.60, with ...

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Insurance Sector Sees Modest Growth

April 26, 2024 Business & Finance News

Karachi, The Insurance sector observed a slight growth with its index increasing by 2.640 to 17,284.580. With a turnover of 7,084,370, the sector achieved a 1.343% rise in market capitalization, suggesting steady growth.

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National Bank of Pakistan Stabilizes with No Dividend Announcements

April 26, 2024 Business & Finance News

Karachi, National Bank of Pakistan (NBP), with a presence since 2002, reports a stable share price of Rs. 42.54 and an EPS of Rs. 14.29 for the initial quarter of 2024. Despite a substantial trading volume of 120,252,608, the bank has not declared any...

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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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