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Dewan Farooque Motors Limited Reports No Dividend; Shares Trade Low

April 4, 2024 Business & Finance News

Karachi, Dewan Farooque Motors Limited (DFML), engaged in automobile assembly, has declared no dividend for the current year, consistent with its previous years' stance. The shares experienced a trading range between 18.35 Rs and 18.16 Rs, highlightin...

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Alfalah Consumer Index ETF Reflects Notable Trading Activity

April 4, 2024 Business & Finance News

Karachi, The Alfalah Consumer Index ETF (ACIETF), a significant player in the equity exchange-traded funds sector on the Pakistan Stock Exchange, recorded a daily weighted average rate of Rs. 9.84 today. The fund, with a size of Rs. 39.499 million, ha...

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NBP Savings Fund Announces Year-End Financial Performance

April 4, 2024 Business & Finance News

Karachi, The NBP Savings Fund has disclosed its financial outcomes for the year, noting an offer price of 11.88 and a redemption price of 11.49. The fund, which closed its previous books in 2022, announced a distribution rate of 6.17%, translating to ...

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Pak Elektron Ltd Reports Slight EPS Increase Amidst Market Challenges

April 4, 2024 Business & Finance News

Karachi, Pak Elektron Ltd disclosed its financial results for the January-March 2024 quarter, revealing an earnings per share (EPS) of Rs. 20.25, slightly below its daily weighted average rate of Rs. 22.41. Listed on the Pakistan Stock Exchange since ...

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Ibrahim Fibres Limited to Temporarily Close Transfer Books

April 4, 2024 Board Meetings

Karachi, Ibrahim Fibres Limited, a key player in the textile industry, has notified the Pakistan Stock Exchange (PSE) that its transfer books will be closed on April 25, 2024, starting at 11:00. This one-day closure is in line with the company's admin...

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Faysal Bank Announces Significant Dividend Increase Amid Strong Earnings

April 4, 2024 Business & Finance News

Karachi, Faysal Bank Limited (FABL), a prominent player in Pakistan's banking sector, has reported a notable increase in its earnings per share (EPS) for the January-March 2024 period, reaching Rs 28.5 compared to its previous years. According to the ...

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NBP Pakistan Growth ETF Sees Modest Trading Volume

April 4, 2024 Business & Finance News

Karachi, The NBP Pakistan Growth ETF (NBPGETF) had a daily weighted average rate of Rs. 14.60 and a fund size of Rs. 80.310 million. The ETF's value varied between Rs. 14.73 and Rs. 13.53 over the first quarter of 2024, with a relatively lower turnove...

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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.

  • Mainly Hot, Humid Weather Expected Across the Country

    2 days ago
  • Pakistan Seeks Strategic Economic Partnership with KSA: PM

    2 days ago
  • Pakistan Railways, KP Govt Sign Framework Agreement on Railway Projects

    2 days ago
  • Aurangzeb Reaffirms Govt’s Focus on Economic Reforms

    2 days ago
  • UNICEF Commends Pakistan Customs for Humanitarian Efforts

    2 days ago

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