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EFU Life Assurance Ltd Reports High Dividend, Karachi

January 1, 2024 Uncategorized

Karachi, EFU Life Assurance Ltd (EFUL) closed at Rs. 195.51, with a daily weighted average rate of Rs. 197.01. The company, holding a paid-up capital of Rs. 1,000 million, declared a 150% dividend for 2022 and 45% interim for 2023. Its high rate was R...

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Jahangir Siddiqui & Co. Ltd Announces Distribution, Karachi

January 1, 2024 Uncategorized

Karachi, Jahangir Siddiqui & Co. Ltd. (JSCL) closed at Rs. 15.45, with a daily weighted average rate of Rs. 15.03. The company, with a massive paid-up capital of Rs. 9,159.42 million, declared a 6% interim distribution for 2023, with no distributi...

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NIT Government ETF Demonstrates Strong Performance

January 1, 2024 Uncategorized

Karachi, The NIT Government ETF (NITGETF), active since 2020, demonstrated strong performance in the market. It posted a daily weighted average rate of Rs. 14.90 and a fund size of Rs. 54.760 million. The ETF declared a distribution of 9.342% in June,...

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HBL Total Treasury ETF Demonstrates Solid Growth

January 1, 2024 Uncategorized

Karachi, The HBL Total Treasury ETF (HBLTETF), launched in 2022, has shown solid growth in the debt exchange-traded funds sector. As of December 29, 2023, the ETF recorded a net asset value (NAV) of Rs. 111.40, marginally adjusting to Rs. 111.17. The ...

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Pakistan Income Enhancement Fund Shows Strong Performance

January 1, 2024 Uncategorized

Karachi, Operating since 2009, the Pakistan Income Enhancement Fund showed strong performance. In June, the offer price was Rs. 59.99, and the redemption price was Rs. 58.67. The fund announced a distribution of "Rs 2.75 per unit," indicating robust r...

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TPL Properties Ltd. Records Negative Earnings, Announces Bonus and Cash Distribution

January 1, 2024 Uncategorized

Karachi, TPL Properties Ltd. (TPLP) reported negative earnings with an EPS of Rs. (1.72) for the year ending June 2023. However, the company declared a 60% bonus distribution and an additional 20% cash distribution. TPL Properties, with a paid-up capi...

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K-Electric Ltd Reports Modest Earnings, No Distribution Declared

January 1, 2024 Uncategorized

Karachi, K-Electric Ltd (KEL), with a significant paid-up capital of Rs. 96,653.18 million, reported modest earnings with an EPS of Rs. 0.44 for the fiscal year ending June 2023. The company's daily weighted average rate was Rs. 5.44, marginally highe...

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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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