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.
Read More »Synthetic & Rayon Sector Records Modest Increase on Pakistan Stock Exchange
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...
Read More »JS Momentum Factor ETF Shows Significant Activity in 2023
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...
Read More »Automobile Parts & Accessories Sector Shows Growth in PSE
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 ...
Read More »Altern Energy Ltd. Announces Dividends Despite Negative Earnings
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...
Read More »UBL Dedicated Equity Fund Reports No Changes in 2023
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.
Read More »Ashfaq Textile Mills Ltd. Announces Bonus, Shows Modest Performance in Weaving Sector
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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