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NIT – Income Fund Reports Strong Distributions in 2023

January 2, 2024 Uncategorized

Karachi, For the year ending June 2023, the NIT - Income Fund, listed in 2010, reported strong distributions with payouts of Rs 0.55 and Rs 0.5746 per unit. This reflects the fund's robust presence in the income fund sector.

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Synthetic & Rayon Sector Records Modest Increase on Pakistan Stock Exchange

January 2, 2024 Uncategorized

Karachi, The Synthetic & Rayon sector experienced a slight increase in its index on the Pakistan Stock Exchange as of January 2, 2024. The market capitalization was Rs. 143,451,819,839 with a turnover of 344,200 shares. The traded value in this se...

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JS Momentum Factor ETF Shows Significant Activity in 2023

January 2, 2024 Uncategorized

Karachi, The JS Momentum Factor ETF (JSMFETF) marked significant activity in 2023, with a rate of 14.70 and an almost equivalent daily weighted average rate. The fund, with a size of Rs. 17.649 million, reached a high rate of Rs. 13.53 and a low of Rs...

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Automobile Parts & Accessories Sector Shows Growth in PSE

January 2, 2024 Uncategorized

Karachi, On January 2, 2024, the Automobile Parts & Accessories sector of the Pakistan Stock Exchange (PSE) displayed growth. The sector's market capitalization stood at PKR 77,840,977,342. It saw a turnover of 1,605,630 shares and a traded value ...

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Altern Energy Ltd. Announces Dividends Despite Negative Earnings

January 2, 2024 Uncategorized

Karachi, Altern Energy Ltd. (ALTN), part of the Pakistan Stock Exchange since 1998, reported a negative earnings per share (EPS) of Rs. (0.23) for the fiscal year ending June 2023. Despite the negative earnings, the company declared a 185% dividend fo...

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UBL Dedicated Equity Fund Reports No Changes in 2023

January 2, 2024 Uncategorized

Karachi, In 2023, the UBL Dedicated Equity Fund, listed in 2019, maintained its financial strategy with no changes in distributions. The fund's consistent approach reflects its position in the dedicated equity market.

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Ashfaq Textile Mills Ltd. Announces Bonus, Shows Modest Performance in Weaving Sector

January 2, 2024 Uncategorized

Karachi, Ashfaq Textile Mills Ltd. (ASHT) reported modest financial performance with a closing rate of PKR 14.80. The company, established in 1991 with a paid-up capital of Rs. 465.65 million, declared a 10% bonus distribution for 2022. Its Earnings P...

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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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