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...
Read More »P.N.S.C. Announces Solid Earnings, High Distributions
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...
Read More »TRG Pakistan Ltd. Reports Exceptional Earnings, No Distribution Declared
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, ...
Read More »UBL Growth & Income Fund: A Dual Approach to Investment
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...
Read More »Tariq Corporation Ltd. Preference Shares Report Dividend, Karachi
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...
Read More »Pak Oman Advantage Asset Allocation Fund Stays Consistent Amid Market Fluctuations
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...
Read More »Mehran Sugar Mills Ltd. Reports Negative EPS, Karachi
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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