Karachi, The 786 Smart Fund has maintained a stable performance in the open-end mutual fund market. As of June 2023, the fund reported an offer price of Rs. 92.11 and a redemption price of Rs. 91.2. The fund distributed dividends at 9.44%, translating...
Read More »Aisha Steel Mills Ltd. Announces Strong Earnings, No Distribution
Karachi, Aisha Steel Mills Ltd. (ASL) reported strong earnings with an EPS of Rs. 8.25 for the fiscal year ending June 2023. The company, with a paid-up capital of Rs. 9,248.01 million, had a daily weighted average rate of Rs. 8.85, marginally higher ...
Read More »ABL Islamic Financial Planning Fund Active Allocation Plan Achieves Growth
Karachi, The ABL Islamic Financial Planning Fund Active Allocation Plan, operational since 2016, has reported positive growth. As of June 2023, the fund's offer price stood at Rs. 103.12, while its redemption price was Rs. 100.78. The fund achieved a ...
Read More »Artistic Denim Mills Limited Announces Strong Dividend, Karachi
Karachi, Artistic Denim Mills Limited (ADMM) closed at Rs. 52.12, with a daily weighted average rate of Rs. 51.72. The company, with a paid-up capital of Rs. 840 million, declared a 20% dividend for 2022 and 35% for 2023. Its high rate was Rs. 60.5, a...
Read More »Sitara Energy Ltd Reports Significant Negative Earnings, No Distribution Declared
Karachi, Sitara Energy Ltd (SEL), with a paid-up capital of Rs. 190.92 million, reported significant negative earnings with an EPS of Rs. (7.83) for the fiscal year ending June 2023. The company's daily weighted average rate was Rs. 11.74, higher than...
Read More »NIT – Islamic Income Fund Offers Secure Investment
Karachi, Since 2019, the NIT - Islamic Income Fund has offered a secure investment option with both its offer and redemption prices at Rs. 10.18 in June. The fund focuses on Islamic income-generating assets and did not declare any distributions.
Read More »Pace (Pakistan) Limited Reports Negative Earnings, No Distribution Declared
Karachi, Pace (Pakistan) Limited (PACE) reported negative earnings for the year ending June 2023, with an EPS of Rs. (0.17). The company's paid-up capital is Rs. 2,788.77 million. Today's rates for PACE were Rs. 2.88, marginally higher than the previo...
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