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Karachi, The industrial community of the Sindh Industrial Trading Estate (SITE) area in Karachi has expressed strong approval for the efforts of Sindh Caretaker Chief Minister Justice (retd) Maqbool Baqar and Sindh Minister for Industries, Commerce and...

The post Karachi Industrialists Laud SITE and Sindh Leaders for Business-Friendly Initiatives appeared first on Pakistan Business News.

Karachi, Pakistan's Large Scale Manufacturing (LSM) sector experienced a downturn in October 2023, recent report by the Pakistan Bureau of Statistics (PBS). After two consecutive months of positive growth, LSM registered a 4.1% year-on-year decline in ...

The post Pakistan’s Large Scale Manufacturing (LSM) Sector Experiences Decline in October 2023, Raising Concerns for Fiscal Year 2024 appeared first on Pakistan Business News.

Karachi, The Alfalah Consumer Index ETF (ACIETF) has recorded a rate of Rs. 11.04 today, with a daily weighted average rate of Rs. 11.02. With a fund size of Rs. 48.048 million, the ETF has experienced a high rate of Rs. 8.49 and a low of Rs. 5.97 in ...

Karachi, JS Bank Limited has issued a "TFC (Tier-II)" (JSBLTFC3) with a market lot of 1 and face value of Rs. 100,000. This seven-year tenor security offers a profit rate of "6M KIBOR +2.0%", with a total issue size of Rs. 2,500,000,000 and an outstan...

Karachi, TPL Corp Limited has detailed its Sukuk (TPLSC) and TFC (TPLTFC3) issuances. Both securities have a market lot of 1 and face value of Rs. 100,000. The Sukuk, with a five-year tenor, offers a profit rate of "3M KIBOR +2.25%", while the TFC, al...

Karachi, Telecard Limited has issued a TFC (TELETFC) valued at Rs. 5,000. This debt security features a unique "3M KIBOR +0%" profit rate. The total issue size for this TFC is Rs. 2,400,000,000, while the outstanding principal currently stands at Rs. ...

Karachi, Tri-Pack Films Ltd., a leader in the miscellaneous sector, reported strong dividend payouts. The company's share rate is Rs. 155.70, with a paid-up capital of Rs. 388.00 million. It declared a 130% dividend for 2021 and 50% for 2022. The stoc...