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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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Pakistan Income Fund Reports No Distribution for 2023

April 4, 2024 Business & Finance News

Karachi, The Pakistan Income Fund, operational since 2002, has reported no distributions for the year ending June 2023. The fund, which offered a distribution of Rs 3.54 per unit in 2022, posted an offer price of Rs 60.16 and a redemption price of Rs ...

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Standard Chartered Bank Pakistan Announces Substantial Distributions

April 4, 2024 Business & Finance News

Karachi, Standard Chartered Bank Pakistan Ltd. (SCBPL) showcased a notable financial disclosure with impressive distribution rates amid its recent PSE filings. The bank posted a today's rate of Rs. 45.38, closely matched by its average rate of Rs. 45....

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UBL Financial Planning Fund Offers Mixed Distribution Outcomes

April 4, 2024 Business & Finance News

Karachi, The UBL Financial Planning Fund, including its multiple Active Principal Preservation Plans listed in 2018, presented varied distribution rates ranging from 0.4948% to 0.2737% for the year. The funds, with their respective offer and redemptio...

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Khyber Tobacco Company Announces Dividend Distribution Amid Financial Performance

April 4, 2024 Business & Finance News

Karachi, Khyber Tobacco Company (KHTC), a prominent player in Pakistan's tobacco industry, has announced a dividend distribution of 20% for the year ending 2024, maintaining its previous year's distribution rate. The company, listed in 1968, reported ...

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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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