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MCB Investment Management Limited Declares Substantial Distributions for June 2023

March 8, 2024 Business

Karachi, MCB Investment Management Limited (MCBIM), a significant player in the investment management sector since 2008, reported a robust earnings per share (EPS) of Rs. 5.25 for the period ending June 2023. The company declared distributions of 30%,...

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Alfalah Consumer Index ETF Marks Its Position in the Market

March 8, 2024 Business

Karachi, The Alfalah Consumer Index ETF, operating under the symbol ACIETF, has set its rate at 9.85 rupees, aligning with its daily weighted average rate. Since its listing in 2022, the fund has shown significant activity with a turnover of 90,500, d...

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AN Textile Mills Ltd Reports Significant Loss, Seeks Stability

March 8, 2024 Business

Karachi, AN Textile Mills Ltd, listed as ANTM, reported a significant loss with an earnings per share of Rs. (20.26) for the recent period. The company's shares saw a slight fluctuation between Rs. 9.15 and Rs. 8.06, with a paid-up capital of Rs. 96.6...

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HBL Investment Fund Distributes 4%, Experiences High Trading Volume

March 8, 2024 Business

Karachi, In today's trading session, the HBL Investment Fund (HIFA), a closedend mutual fund listed on the Pakistan Stock Exchange, declared a 4% distribution for the fiscal year ending in June 2023. The fund's shares were actively traded, reaching a ...

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Arif Habib Corporation Limited Announces Dividend Amidst Financial Fluctuations

March 8, 2024 Business

Karachi, Arif Habib Corporation Limited (AHCL) disclosed a 40% dividend to its shareholders, despite a negative earnings per share of 2.38 rupees for the January-February 2024 period. The company's stock closed at 37.70 rupees, within a trading range ...

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Agriauto Industries Ltd. Announces Bonus Shares Despite Negative Earnings

March 8, 2024 Business

Karachi, Agriauto Industries Ltd. (AGIL), a prominent player in the automobile parts and accessories sector since 1984, announced a 25% bonus share issuance for its shareholders for the fiscal year ending in June 2022/2023, despite reporting a negativ...

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NIT Islamic Income Fund and NIT Money Market Fund Maintain Steady Prices

March 8, 2024 Business

Karachi, The NIT Islamic Income Fund and NIT Money Market Fund have both reported maintaining their offer and redemption prices at Rs. 10.18 and Rs. 9.73, respectively. These announcements, disclosed to the Pakistan Stock Exchange (PSE), come as both ...

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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

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

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

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

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

    2 days ago

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