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Pakistan Petroleum Limited Announces Solid Earnings with Dividend

February 1, 2024 Uncategorized

Karachi, Pakistan Petroleum Limited (PPL), operational since 2004, recorded a solid EPS of Rs. 35.99. The company declared a 20% dividend and a 25% bonus, highlighting its profitability and strategic achievements in the exploration sector. With a shar...

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UBL Asset Allocation Fund Reports 7.34% Distribution

February 1, 2024 Uncategorized

Karachi, The UBL Asset Allocation Fund declared a 7.34% distribution for the year ending June 2022, with an offer price of 178.75 and a redemption price of 172.89. Since its listing in 2013, the fund has provided a diversified investment strategy aime...

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NBP Savings Fund Distributes 6.17% to Investors

February 1, 2024 Uncategorized

Karachi, The NBP Savings Fund announced a 6.17% distribution for June, setting its offer and redemption prices at Rs. 11.49 and Rs. 11.11. Since 2008, the fund aims to provide stable income opportunities to its investors through savings.

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Prudential Modaraba 1st Reflects Steady Growth with Dividend Announcement

February 1, 2024 Uncategorized

Karachi, Prudential Modaraba 1st, known as PMI, announced an EPS of Rs. 2.5 and a dividend of 1.70% and 3%. The modaraba, with a vast paid-up capital of Rs. 1,293.92 million, showed a high trading rate of Rs. 2.07 and a turnover rate of Rs. 0.11, high...

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JS Global Banking Sector ETF NC Marks Significant Activity

February 1, 2024 Uncategorized

Karachi, JS Global Banking Sector ETF, trading as JSGBETF, observed a notable daily weighted average rate of 14.73, with both the high and low rates peaking at 14.82 in January 2024. The fund's size reached 117.564 million, and it saw a substantial tu...

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Gul Ahmed Textile Mills Ltd. Maintains Steady Market Presence with Positive Earnings

February 1, 2024 Uncategorized

Karachi, Gul Ahmed Textile Mills Ltd., trading as GATM on the Pakistan Stock Exchange, has demonstrated consistent market performance. The company's stock is currently valued at 20.64 Rs., closely aligned with its daily weighted average rate of 20.62 ...

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First Fidelity Leasing Modaraba Reports Minor Loss

February 1, 2024 Uncategorized

Karachi, First Fidelity Leasing Modaraba (FFLM), listed in 1992 with a paid-up capital of Rs. 264.14 million, reported a minor loss for the year ending January 2024. The company's EPS stood at a negative Rs. 0.09. Despite this, FFLM announced no distr...

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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.

  • Hot, Humid Weather to Persist Across Most Parts of Country: PMD

    2 days ago
  • Pakistan Keen to Further Strengthen Cooperation with US: PM

    2 days ago
  • MoRA Urges Pilgrims to Renew Passports Early for Hajj 2027

    2 days ago
  • Pakistan and Jordan Leadership Voice Concerns Over Escalating Palestine Tensions

    2 days ago
  • Pakistan Customs Successfully Thwarts Smuggling Attempts in GB

    2 days ago

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