Karachi, The UBL Income Opportunity Fund, operational since 2013, declared a distribution of 4.74% for the year ending June 2023, a slight decrease from 5.00% in 2022. The fund's pricing was set at Rs 121.15 for the offer and Rs 119.13 for the redempt...
Read More »JS Momentum Factor ETF Sees Active Trading Session
Karachi, The JS Momentum Factor ETF (JSMFETF) attracted investors' attention with a daily weighted average rate of Rs. 15.64 and a fund size of Rs. 75.752 million. Throughout January to March 2024, it fluctuated between Rs. 15.82 and Rs. 12.42, closin...
Read More »Mirpurkhas Sugar Mills Reports Significant Dividend Increase
Karachi, Mirpurkhas Sugar Mills Ltd. (MIRKS) significantly increased its dividend distribution from 15% in 2022 to an impressive 200% in 2023, with an additional 42.957% rights issuance. The market response was positive, as seen in the company's stock...
Read More »Allied Bank Ltd. Announces Significant Dividend Increase Amidst Strong EPS Growth
Karachi, Allied Bank Ltd. (ABL), a prominent entity on the Pakistan Stock Exchange, has reported a substantial increase in its dividend payouts for the year ending 2024, elevating the distribution from 85% in 2022 to 120% in 2023. This announcement co...
Read More »World Bank Offers Support to KP for Urban Property Tax Digitization
Peshawar, Khyber Pakhtunkhwa's Minister for Excise, Taxation, and Narcotics Control, Mian Khaliq-ur-Rehman, engaged in crucial talks with a World Bank delegation on Wednesday. The meeting centered around the digitization of urban immovable property ta...
Read More »DFP Calls for Support to Underprivileged During Ramadan in IIOJK
Srinagar, The Democratic Freedom Party (DFP) in Indian Illegally Occupied Jammu and Kashmir (IIOJK), led by the incarcerated senior leader of the All Parties Hurriyat Conference (APHC), Shabbir Shah, has made a heartfelt appeal to the people of Kashmi...
Read More »Lahore Police and Administration Crack Down on Illegal Profiteering During Ramadan
Lahore, In an extensive crackdown aimed at curbing illegal profiteering during the holy month of Ramadan, the Lahore Police, under directives from the Chief Minister of Punjab, and the district administration have successfully registered 255 cases aga...
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