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Pakistan Cash Management Fund Delivers Strong Distributions in 2023

January 2, 2024 Uncategorized

Karachi, The Pakistan Cash Management Fund, operational since 2009, announced strong distributions for the year ending June 2023, with payouts of Rs 4.07 and Rs 2.3168 per unit. This significant distribution reflects the fund's robust performance in c...

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Rupali Polyester Ltd. Reports Strong Earnings, No Dividend for 2023

January 2, 2024 Uncategorized

Karachi, Rupali Polyester Ltd. (RUPL), a part of the Pakistan Stock Exchange since 1990, announced an EPS of Rs. 13.30 for the fiscal year 2022/2023. The company declared a 50% dividend for 2022 but did not announce any dividends for 2023. Rupali Poly...

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NIT – Income Fund Reports Strong Distributions in 2023

January 2, 2024 Uncategorized

Karachi, For the year ending June 2023, the NIT - Income Fund, listed in 2010, reported strong distributions with payouts of Rs 0.55 and Rs 0.5746 per unit. This reflects the fund's robust presence in the income fund sector.

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Synthetic & Rayon Sector Records Modest Increase on Pakistan Stock Exchange

January 2, 2024 Uncategorized

Karachi, The Synthetic & Rayon sector experienced a slight increase in its index on the Pakistan Stock Exchange as of January 2, 2024. The market capitalization was Rs. 143,451,819,839 with a turnover of 344,200 shares. The traded value in this se...

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JS Momentum Factor ETF Shows Significant Activity in 2023

January 2, 2024 Uncategorized

Karachi, The JS Momentum Factor ETF (JSMFETF) marked significant activity in 2023, with a rate of 14.70 and an almost equivalent daily weighted average rate. The fund, with a size of Rs. 17.649 million, reached a high rate of Rs. 13.53 and a low of Rs...

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Automobile Parts & Accessories Sector Shows Growth in PSE

January 2, 2024 Uncategorized

Karachi, On January 2, 2024, the Automobile Parts & Accessories sector of the Pakistan Stock Exchange (PSE) displayed growth. The sector's market capitalization stood at PKR 77,840,977,342. It saw a turnover of 1,605,630 shares and a traded value ...

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Altern Energy Ltd. Announces Dividends Despite Negative Earnings

January 2, 2024 Uncategorized

Karachi, Altern Energy Ltd. (ALTN), part of the Pakistan Stock Exchange since 1998, reported a negative earnings per share (EPS) of Rs. (0.23) for the fiscal year ending June 2023. Despite the negative earnings, the company declared a 185% dividend fo...

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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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