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Lalpir Power to Close Transfer Books Briefly for Dividend Eligibility

April 16, 2024 Board Meetings

Multan, Lalpir Power Limited has planned a one-day closure of its transfer books on April 23, 2024, at 11:30. The closure is intended for finalizing the list of shareholders eligible for the upcoming dividend. Details regarding this financial procedur...

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Mahaana Islamic Index (ETF) NC Enters Market with Promising Figures

April 16, 2024 Business & Finance News

Karachi, The newly listed Mahaana Islamic Index (ETF) NC (MIIETF) in 2024 recorded a rate of 10.70 and a fund size of Rs. 25 million. The ETF's market activity reached a turnover of 3,158,000, with rates varying between Rs. 10.15 and Rs. 9.66.

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UBL Money Market Fund Announces Annual Performance and Distribution Rates

April 16, 2024 Business & Finance News

Karachi, UBL Money Market Fund, managed by UBL Fund Managers, has disclosed its financial results for the fiscal year ending June 2023. The fund's offer price was marked at 109.87, with a redemption price of 108.64. It declared a distribution rate of ...

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UBL Stock Advantage Fund Reports Distribution Cut

April 16, 2024 Business & Finance News

Karachi, The UBL Stock Advantage Fund, another portfolio managed by UBL Fund Managers, announced a new distribution rate of 4.42% for the fiscal year ending June 2023, down from last year’s 5.50%. The fund's offer price stood at 98.68 with a redemptio...

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Pakistan Oilfields Ltd. Registers High Dividend and EPS

April 16, 2024 Business & Finance News

Karachi, Pakistan Oilfields Ltd. (POL) has consistently demonstrated strong financial performance with today's rate closing at Rs. 452.30. The daily weighted average rate stood comparably at Rs. 452.34. The company announced an interim dividend of 250...

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Faysal Bank Reports Earnings and Dividend Distribution for Q1 2024

April 16, 2024 Business & Finance News

Karachi, Faysal Bank Limited (NC) announced its earnings for the first quarter of 2024 with an EPS of Rs. 28.5. The bank recorded today's rate at Rs. 37.92 and a daily weighted average rate of Rs. 38.57. The dividend distribution for 2024 is set at 40...

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Pakistan and Saudi Arabia Pledge to Strengthen Economic and Strategic Ties

April 16, 2024 Official News, Press Information Department

Islamabad, Prime Minister Muhammad Shehbaz Sharif today hosted Saudi Foreign Minister Prince Faisal bin Farhan Al Saud and his delegation, underscoring the deep, strategic ties between Pakistan and Saudi Arabia and discussing avenues to expedite Saudi...

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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 Conditions Persist; Rain Forecasted for Upper Regions

    3 days ago
  • PM Directs Timely Completion of All Daanish Schools

    3 days ago
  • Government Committed to Empowering Youth with Equal Opportunities: PM

    3 days ago
  • PM Office System is Proving Successful: Ahad

    3 days ago
  • President and PM Praise Security Forces for Successful Operations in KP and Balochistan

    3 days ago

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