Karachi: Adam Sugar Mills Ltd (ADAMS) traded at a closing rate of Rs. 34.95 per share, with a daily weighted average rate of Rs. 34.53. The company announced a 15% first interim dividend for the year, following 25% in 2022 and 20% in 2021. With a paid...
Read More »HBL Total Treasury ETF Posts Trade at Rs. 10.82
Karachi: HBL Total Treasury ETF (HBLTETF), dated 02-Nov-23, traded at Rs. 10.82, with the fund's size at Rs. 537.670 million. There is no declared distribution, but an effective yield of 14% is noted. With a market lot of 500 and a par value of Rs. 10...
Read More »United Distributors Pakistan Ltd Reports Steady Market Performance
Karachi: United Distributors Pakistan Ltd (UDPL) closed its shares at Rs. 44.00, which is consistent with the daily weighted average rate. With a paid-up capital of Rs. 352.71 million, the company did not list any distributions for the preceding three...
Read More »East West Insurance Co. Issues Ballot Paper for Extraordinary General Meeting Voting
Karachi: East West Insurance Co., Ltd. has released a Ballot Paper in accordance with Regulation 8 of the Companies (Postal Ballot) Regulation, 2018. This document has been disseminated for postal voting and is also accessible on the company's officia...
Read More »Tariq Glass Industries Ltd. Sustains High Distribution Rates, Strong Market Presence
Karachi: Tariq Glass Industries Ltd. (TGL) exhibits a strong market presence with today’s rate at PKR 88.75 and a daily weighted average of PKR 90.14. The company's paid-up capital stands at PKR 1,721.67 million. TGL has declared substantial distribut...
Read More »EFU Life Assurance Ltd. Sustains High Distribution; Announces 45% Third Interim
Karachi: EFU Life Assurance Ltd. (EFUL), with a paid-up capital of Rs. 1,000 million, today declared a 45% third interim distribution, following a consistent 150% distribution over the past two years. Shares closed at Rs. 185.00, aligned with the dail...
Read More »United Bank Limited Issues Perpetual TFC at 3M KIBOR+1.55%
Karachi: United Bank Limited has announced its Perpetual Term Finance Certificate (Tier-I) with a market lot size of 1 and a face value of Rs. 5,000. The profit rate is based on the 3-month KIBOR plus a spread of 1.55%. This security has a total issue...
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