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Systems Limited Reports 50% Dividend; Shares Priced at Rs. 405.87

January 25, 2024 Uncategorized

Karachi, Systems Limited, symbol SYS, announced a 50% dividend for the fiscal year ending December 2023. The stock was traded at Rs. 405.87, with a daily average of Rs. 408.81. The company's paid-up capital is Rs. 2,912.79 million, and the EPS for the...

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Tri-Star Power Ltd Records Consistent Market Presence

January 25, 2024 Uncategorized

Karachi, Tri-Star Power Ltd (TSPL) exhibited a consistent market presence, closing at Rs. 10.42, slightly above its daily weighted average rate of Rs. 10.26. The company, with a paid-up capital of Rs. 150.00 million, did not declare any dividends or r...

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Silkbank Ltd Struggles to Gain Momentum in Challenging Market Conditions

January 25, 2024 Uncategorized

Karachi, Silkbank Ltd (SILK) continues to struggle in the current market, with a modest rate of Rs. 0.95 and an average rate of Rs. 0.96. The bank, with a massive paid-up capital of Rs. 90,818.61 million, did not declare any distributions this year. S...

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Meezan Bank Announces Impressive Dividend Amid Market Uncertainty

January 25, 2024 Uncategorized

Karachi, Meezan Bank Ltd. (MEBL), a prominent Islamic bank, today revealed a robust performance with a current rate of Rs. 137.01 and an average rate of Rs. 137.26. The bank's paid-up capital stands at Rs. 17,912.53 million. Meezan Bank has significan...

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Tariq Corporation Ltd. Maintains Consistent Market Presence

January 25, 2024 Uncategorized

Karachi, Tariq Corporation Ltd. (TCORP) exhibited a consistent market presence, closing at Rs. 14.00. The company, with a substantial paid-up capital of Rs. 529.70 million, did not announce any dividend or rights for the current year. TCORP's stock re...

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Meezan Pakistan ETF Demonstrates Stable Market Performance

January 25, 2024 Uncategorized

Karachi, Meezan Pakistan ETF (MZNPETF) reported a daily average rate of Rs. 12.41 and a closing rate of Rs. 12.48. The fund, sized at Rs. 75.137 million, did not declare any distributions for the mentioned years. It experienced a low rate of Rs. 7.26 ...

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UBL Money Market Fund Reports Strong Financial Outcomes

January 25, 2024 Uncategorized

Karachi, UBL Money Market Fund, a key player in the mutual funds sector, showcased an offer price of RS. 109.87 and a redemption price of RS. 108.64. The fund distributed 5.40% in 2022 and 5.14% in 2023. Listed in 2014, the fund has experienced strong...

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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.

  • IIOJK: Crackdown Intensified in Rajouri, Poonch Districts

    3 days ago
  • Int’l Conference on Emerging Technologies, Future Warfare Concludes in Karachi

    3 days ago
  • Junaid Chaudhry Announces Establishment of Fisheries, Aquaculture Centre in Karachi

    3 days ago
  • PM Directs Authorities to Ensure Preparedness for Monsoon

    3 days ago
  • President, PM Commend Security Forces for Successful Operation in Khyber

    3 days ago

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