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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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Alfalah Consumer Index ETF Reports Modest Gains

May 2, 2024 Business & Finance News

Karachi, The Alfalah Consumer Index ETF (ACIETF) reported a daily weighted average rate of Rs. 41.303, with today’s rate at Rs. 10.69. The fund has maintained a consistent performance with a fund size of Rs. 10 million. The market lot stands at 500 un...

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Habib Metropolitan Bank Declares Over 100% Dividend

May 2, 2024 Business & Finance News

Karachi, Habib Metropolitan Bank Ltd. (PSE: HMB) has declared a dividend of 105% for the fiscal year ending December 2024, an increase from the previous year’s 52.50%. The bank's EPS for January to April 2024 is Rs. 13.61, with today's high rate at Rs...

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HBL Total Treasury ETF Shows Solid Returns

May 2, 2024 Business & Finance News

Karachi, The HBL Total Treasury ETF (HBLTETF) marked a daily weighted average rate of Rs. 589.518 and today’s rate of Rs. 117.97. This ETF, listed in 2022, encompasses a substantial fund size of Rs. 589.518 million and offers a 14% distribution rate. ...

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Unit Trust of Pakistan Declares Price and Dividend

May 2, 2024 Business & Finance News

Karachi, The Unit Trust of Pakistan, which started in 2002, has set an offer price of 190.84 and a redemption price of 184.58 for June. Additionally, the trust declared a dividend of Rs 12.00 per unit for the period.

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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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