Popular Islamic Modaraba Reports Growth in Profit Distribution Rates

Karachi, Popular Islamic Modaraba (PIM) has announced an increase in its profit distribution rates, going from 3.744% to 4.557%. This financial update was provided for the year closing on October 16, 2016. With a capital of Rs. 140.00 million, the company disclosed these figures in a recent submission to the Pakistan Stock Exchange. No cash dividend was announced for the period.

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Pakistan Stock Exchange Witnesses Bullish Trend

Islamabad: Pakistan Stock Exchange (PSX) continues to witness a bullish trend during the trading today, showing an increase of over eighteen hundred and sixty points in the Hundred Index. According to Radio Pakistan, the Hundred Index that closed at ...