Karachi, EFU General Insurance Limited's independent director, Yasmin Hyder, has purchased 1000 shares of the company. The transaction was executed on May 5, 2023, at a rate of Rs. 87.00 per share. The purchase was made in CDC Ready form of share certi...
Read More »ALHAMRA DAILY DIVIDEND FUND (ALHDDF) announces daily distribution on May 7, 2023
Karachi, ALHAMRA DAILY DIVIDEND FUND (ALHDDF), managed by MCB Arif Habib Savings and Investments Limited, has announced a daily dividend distribution on May 7, 2023. The Chief Executive Officer of the company, on behalf of the Board of Directors, has a...
Read More »Aga Khan Fund for Economic Development increases stake in Habib Bank Limited with multiple share purchases
Karachi, AGA Khan Fund for Economic Development (AKFED), a substantial shareholder in Habib Bank Limited, has executed multiple transactions to purchase shares in the bank. The transactions were carried out on May 5, 2023, and the details of each trans...
Read More »JS Momentum Factor Exchange Traded Fund (JSMFETF) Announces Portfolio Rebalancing
Karachi, JS Momentum Factor Exchange Traded Fund (JSMFETF) has announced that its portfolio will undergo rebalancing effective May 8, 2023. This move follows the rebalancing of the JS Momentum Factor Index, which serves as the underlying index for the ...
Read More »Alfalah Islamic Rozana Amdani Fund Announces Daily Dividend Distribution of Re. 0.0519 per unit
Karachi, Alfalah Asset Management Limited has announced the daily distribution of Alfalah Islamic Rozana Amdani Fund (AIRAF) for unit holders whose names appeared in the unit holder register at the close of May 05, 2023. The Chief Executive on behalf o...
Read More »JS Securities Limited – JS Research (08 May 2023)
Karachi, May 08, 2023 (PPI-OT): 9MFY23 Primary balance - 44% below IMF targetPakistan's budget deficit contracted to 1.7% of GDP in 3QFY23 (from 1.8% in the 3QFY22). In absolute terms the deficit expanded 17% YoY for 3QFY23 - 20% YoY for 9MFY23 (3.7% o...
Read More »JS Securities Limited – Pakistan Market: Technical Outlook (08 May 2023)
Karachi, May 08, 2023 (PPI-OT): KSE-100; Consolidation likelyKSE-100 index witnessed another positive session to close at 42,242, up 148 points DoD. Volumes stood at 178mn shares versus 255mn shares traded previously. The index is likely to face resist...
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