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Reliance Cotton Spinning Announces Strong Distributions Amidst High Market Activity

Karachi, Reliance Cotton Spinning, listed on the Pakistan Stock Exchange since 1993, has declared a 75% distribution, with an additional 40% for the year. The company recorded an earnings per share of Rs. 81.53, with its rate peaking at Rs. 575 and a turnover of 18,402 units.

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PSX Issues Buy-Back Directive for Three Companies Over Regulatory Non-Compliance

Karachi: The Pakistan Stock Exchange (PSX) has issued a compulsory buy-back directive to the sponsors and majority shareholders of three companies, following their continued failure to comply with specific financial regulations. The companies have bee...

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