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Alhamra Islamic Income Fund – Type “A” Distributes Rs 6.10 Per Unit

November 17, 2023 Uncategorized

Karachi (PPI Bot): Alhamra Islamic Income Fund - Type "A", listed in 2011, declared a distribution of Rs 6.10 per unit for 2023, following a distribution of Rs 4.9622 per unit in the previous year. The fund has not disclosed its offer and redemption p...

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AEL Textiles Ltd. Faces Challenges with Negative EPS

November 17, 2023 Uncategorized

Karachi (PPI Bot): AEL Textiles Ltd., listed on the Pakistan Stock Exchange, did not declare any dividends for the years 2021, 2022, and 2023. The company's daily weighted average rate stood at Rs. 21.70, with a paid-up capital of Rs. 80.00 million. T...

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Interloop Limited Shows Strong Dividend Growth and Healthy EPS

November 17, 2023 Uncategorized

Karachi (PPI Bot): Interloop Limited, a key player on the Pakistan Stock Exchange, reported dividends of 25% plus a 3% bonus for 2021, 40% plus a 4% bonus for 2022, and a substantial 50% plus a 50% bonus for 2023. The company's daily weighted average ...

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Shield Corporation Ltd. NC Reflects Stable Market Engagement

November 17, 2023 Uncategorized

Karachi (PPI Bot): Shield Corporation Ltd. NC (SCL) posted a rate of 370.00 RS with a daily weighted average rate of 39.00 RS. The company declared a 20% distribution for the year ending in June. The par value of shares is 10 RS with a market lot of 1...

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ADB approves $250m in loans to help deliver reliable electricity in Pakistan

November 17, 2023 General

The Asian Development Bank (ADB) has approved $250 million in loans to help deliver reliable electricity in Pakistan.According to a statement, the loans will enable expanding and improving the power transmission network in Punjab and Khyber Pakhtunkhwa...

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Senate adjourned to meet again on Monday

November 17, 2023 General

The Senate met briefly at the Parliament House in Islamabad today with Chairman Sadiq Sanjrani in the chair.At the outset, some members resorted to pandemonium. Despite repeated directions by the chair, the members did not take to the seats.On this, th...

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Indus Motor Company Announces Staggering Dividends; Share Prices Soar

November 16, 2023 Uncategorized

Karachi, (PPI Bot): Indus Motor Company Ltd. (INDU) today reported an exceptional series of dividends for the year 2023, with 1035%, followed by 937.50% and 718%. The shares traded at a daily weighted average rate of Rs. 1022.22, with an EPS of Rs. 16...

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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.

  • Dry Weather to Prevail in Most Parts of Country: PMD

    3 days ago
  • PM Directs Integration of Public-Private Partnership Authority to Expedite Development Projects

    3 days ago
  • Pakistan Ready to Collaborate for Democratic UNSC, Says Ambassador Asim

    3 days ago
  • DPM, Saudi FM Emphasize Importance of Dialogue

    3 days ago
  • Pakistan and US Discuss Recent Regional Developments

    3 days ago

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