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JS Global Banking Sector ETF Records Notable Growth

January 1, 2024 Uncategorized

Karachi, The JS Global Banking Sector ETF (JSGBETF), established in 2023, recorded notable growth in the market. It posted a daily weighted average rate of Rs. 13.96, climbing to Rs. 14.72, with a substantial fund size of Rs. 87.696 million. The ETF a...

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P.N.S.C. Announces Solid Earnings, High Distributions

January 1, 2024 Uncategorized

Karachi, P.N.S.C. (PNSC) reported solid earnings with an EPS of Rs. 5.26 for the year ending June 2023. The company declared distributions of 50% and an additional 200%. PNSC, with a paid-up capital of Rs. 1,320.63 million, had a daily weighted averag...

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TRG Pakistan Ltd. Reports Exceptional Earnings, No Distribution Declared

January 1, 2024 Uncategorized

Karachi, TRG Pakistan Ltd. (TRG) reported exceptional earnings with an EPS of Rs. 47.40 for the fiscal year ending June 2023. Despite the strong financial performance, no distribution was declared. TRG, with a paid-up capital of Rs. 5,453.91 million, ...

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UBL Growth & Income Fund: A Dual Approach to Investment

January 1, 2024 Uncategorized

Karachi, The UBL Growth & Income Fund, operational since 2006, offers a dual investment approach. Both the Growth and Income Units were priced at Rs. 98.27 for the offer and Rs. 96.63 for the redemption in June, aligning with its strategy to cater...

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Tariq Corporation Ltd. Preference Shares Report Dividend, Karachi

January 1, 2024 Uncategorized

Karachi, Tariq Corporation Ltd. (Preference Shares) (TCORPCPS) closed at Rs. 10.84. The company, with a paid-up capital of Rs. 144.45 million, declared no cash dividends but a 10% bonus for 2023. The EPS for 2022/2023 was Rs. 11.33. These preference s...

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Pak Oman Advantage Asset Allocation Fund Stays Consistent Amid Market Fluctuations

January 1, 2024 Uncategorized

Karachi, The Pak Oman Advantage Asset Allocation Fund, established in 2009, maintained consistent performance despite market fluctuations. As of June, the fund's offer price stood at Rs. 45.58 and redemption price at Rs. 44.33. No distributions were d...

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Mehran Sugar Mills Ltd. Reports Negative EPS, Karachi

January 1, 2024 Uncategorized

Karachi, Mehran Sugar Mills Ltd. (MRNS) closed at Rs. 69.24, maintaining its daily weighted average rate. The company, with a paid-up capital of Rs. 749.28 million, declared a 7.5% dividend and 25% bonus for 2022, and 45% and 10% bonus for 2023. Its h...

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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.

  • Govt to Install Modern Machinery at Airports for Efficient Screening

    2 days ago
  • Pakistan Railways and Sindh Government Agree to Restore Karachi Circular Railway

    2 days ago
  • Pakistan Ranked Among Top Five Countries Worldwide for Absolute Reduction in Child Deaths

    2 days ago
  • Punjab Govt Signs MoU to Promote Livestock Sector

    2 days ago
  • DPM, Kyrgyz FM Discuss Evolving Regional Situation

    2 days ago

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