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Artistic Denim Mills Limited Announces Strong Dividend, Karachi

January 1, 2024 Uncategorized

Karachi, Artistic Denim Mills Limited (ADMM) closed at Rs. 52.12, with a daily weighted average rate of Rs. 51.72. The company, with a paid-up capital of Rs. 840 million, declared a 20% dividend for 2022 and 35% for 2023. Its high rate was Rs. 60.5, a...

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Sitara Energy Ltd Reports Significant Negative Earnings, No Distribution Declared

January 1, 2024 Uncategorized

Karachi, Sitara Energy Ltd (SEL), with a paid-up capital of Rs. 190.92 million, reported significant negative earnings with an EPS of Rs. (7.83) for the fiscal year ending June 2023. The company's daily weighted average rate was Rs. 11.74, higher than...

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NIT – Islamic Income Fund Offers Secure Investment

January 1, 2024 Uncategorized

Karachi, Since 2019, the NIT - Islamic Income Fund has offered a secure investment option with both its offer and redemption prices at Rs. 10.18 in June. The fund focuses on Islamic income-generating assets and did not declare any distributions.

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Pace (Pakistan) Limited Reports Negative Earnings, No Distribution Declared

January 1, 2024 Uncategorized

Karachi, Pace (Pakistan) Limited (PACE) reported negative earnings for the year ending June 2023, with an EPS of Rs. (0.17). The company's paid-up capital is Rs. 2,788.77 million. Today's rates for PACE were Rs. 2.88, marginally higher than the previo...

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NBP Sarmaya Izafa Fund Records Exceptional Growth

January 1, 2024 General

Karachi, Active since 2010, the NBP Sarmaya Izafa Fund recorded exceptional growth with an offer price of Rs. 22.82 and a redemption price of Rs. 22.08 in June. The fund achieved a 22.15% distribution rate, demonstrating its robust investment strategy...

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Unit Trust of Pakistan Continues Impressive Performance

January 1, 2024 Uncategorized

Karachi, Active since 2002, the Unit Trust of Pakistan continues its impressive performance. In June, the fund's offer price was Rs. 190.84, and the redemption price was Rs. 184.58, with a distribution of "Rs 12.00 per unit," affirming its strong posi...

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Pakistan Capital Market Fund Marks Consistent Performance

January 1, 2024 Uncategorized

Karachi, Established in 2004, the Pakistan Capital Market Fund continued its steady performance. The fund's offer price was Rs. 14.04, and the redemption price was Rs. 13.73 in June, with a distribution of "Rs 1.85 per unit," demonstrating solid retur...

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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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