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Silkbank Ltd Struggles to Gain Momentum in Challenging Market Conditions

January 25, 2024 Uncategorized

Karachi, Silkbank Ltd (SILK) continues to struggle in the current market, with a modest rate of Rs. 0.95 and an average rate of Rs. 0.96. The bank, with a massive paid-up capital of Rs. 90,818.61 million, did not declare any distributions this year. S...

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Meezan Bank Announces Impressive Dividend Amid Market Uncertainty

January 25, 2024 Uncategorized

Karachi, Meezan Bank Ltd. (MEBL), a prominent Islamic bank, today revealed a robust performance with a current rate of Rs. 137.01 and an average rate of Rs. 137.26. The bank's paid-up capital stands at Rs. 17,912.53 million. Meezan Bank has significan...

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Tariq Corporation Ltd. Maintains Consistent Market Presence

January 25, 2024 Uncategorized

Karachi, Tariq Corporation Ltd. (TCORP) exhibited a consistent market presence, closing at Rs. 14.00. The company, with a substantial paid-up capital of Rs. 529.70 million, did not announce any dividend or rights for the current year. TCORP's stock re...

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Meezan Pakistan ETF Demonstrates Stable Market Performance

January 25, 2024 Uncategorized

Karachi, Meezan Pakistan ETF (MZNPETF) reported a daily average rate of Rs. 12.41 and a closing rate of Rs. 12.48. The fund, sized at Rs. 75.137 million, did not declare any distributions for the mentioned years. It experienced a low rate of Rs. 7.26 ...

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UBL Money Market Fund Reports Strong Financial Outcomes

January 25, 2024 Uncategorized

Karachi, UBL Money Market Fund, a key player in the mutual funds sector, showcased an offer price of RS. 109.87 and a redemption price of RS. 108.64. The fund distributed 5.40% in 2022 and 5.14% in 2023. Listed in 2014, the fund has experienced strong...

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Lucky Cement Ltd Announces No Cash Dividend; Stock at Rs. 749.67

January 25, 2024 Uncategorized

Karachi, Lucky Cement Ltd, listed as LUCK, declared no cash dividend for the year ending June 2023, but announced a 180% additional distribution. The stock traded at Rs. 749.67, with a daily weighted average of Rs. 755.97. The company's paid-up capita...

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UBL Pakistan Enterprise ETF Announces Notable Distribution Increase

January 25, 2024 Uncategorized

Karachi, UBL Pakistan Enterprise ETF (UBLPETF) maintained a steady rate of Rs. 14.73 for both daily average and closing. The fund, with a size of Rs. 36.802 million, declared distributions of 9% and 14% for the recent years. It saw a low rate of Rs. 1...

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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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