Arif Habib Corporation Limited Reports Financial Loss in Recent Fiscal Year

Karachi, Arif Habib Corporation Limited (AHCL), a leading entity in Pakistan's fertilizer sector, disclosed a financial loss of Rs. 2.38 per share for the JanuaryFebruary 2024 period. Despite this setback, the company announced a distribution of 40% for the previous book closure year, with no further dividends. AHCL, which was listed on the Pakistan Stock Exchange in 2001, has a paidup capital of Rs. 4,083.75 million. The company's share price fluctuated during the period, with a high of Rs. 36.24 and no recorded low, indicating a volatile market presence.

Investment Banks/Companies/Securities Companies Experience Index Drop

Karachi, Investment banks, investment companies, and securities companies faced a decline in their index, with a market capitalization of Rs. 134,341,530,655 on March 13, 2024. Trading activity involved 2,284,500 shares, leading to a traded value of Rs. 39,400,511.000. The current index fell to 15,681.000, a decrease of 198.540, marking this sector's contribution at 1.475% of the total market capitalization.

Engro Fertilizers Ltd. Announces Robust Financial Performance

Karachi, Engro Fertilizers Ltd. (EFERT), a key player in the fertilizer industry, reported a significant earnings per share (EPS) of Rs. 11.54* for the year ending 2022/2023. The company has shown remarkable performance with a distribution of 135%, supplemented by a substantial 205% bonus issuance. Established in 2014, EFERT's market influence is underscored by its paidup capital of Rs. 13,352.99 million. The stock experienced a high rate of Rs. 147.91 and maintained a stable market lot, highlighting its strong standing in the Pakistan Stock Exchange.

Leasing Companies Record No Changes in Trading Activity

Karachi, On March 13, 2024, leasing companies reported no trading activity, maintaining a market capitalization of Rs. 703,542,557. The current index remained unchanged at 90.690, contributing 0.008% to the total market capitalization, highlighting the sector's limited activity on this trading day.

Engro Corporation Limited Celebrates Exponential Growth

Karachi, Engro Corporation Limited (ENGRO), a giant in the fertilizer sector, unveiled an impressive EPS of Rs. 36.79* for the fiscal year 2022/2023. The corporation declared a distribution of 340%, alongside a notable 480% bonus, indicating a period of significant financial growth. With a history dating back to 1968, ENGRO has a substantial paidup capital of Rs. 5,366.27 million. The share price reached a peak of Rs. 333.84, reflecting the company's robust market performance and investor confidence.

Miscellaneous Sector Experiences Decline in Current Index

Karachi, The miscellaneous sector saw a market capitalization of Rs. 85,275,705,533 with 1,131,801 shares traded, generating a value of Rs. 39,948,940.760. The current index stood at 19,854.270, experiencing a decline of 245.400. This sector, representing 0.936% of the total market capitalization, reflects diverse companies facing a downward shift in their market positioning.

Fatima Fertilizer Company Ltd. Reports Steady Gains

Karachi, Fatima Fertilizer Company Ltd. (FATIMA), announced a steady EPS of Rs. 6.73* for the JanuaryFebruary 2024 period. The company, which initiated operations in 2010, declared a distribution of 35% and a 17.50% interim dividend. With a paidup capital of Rs. 21,000.00 million, Fatima Fertilizer has demonstrated consistent financial health with a share price high of Rs. 36.96, solidifying its position in the competitive fertilizer market.

Oil & Gas Exploration Companies Witness Decline in Index

Karachi, The oil & gas exploration companies sector reported a significant market capitalization of Rs. 1,251,887,879,828 with 7,575,790 shares traded, leading to a value of Rs. 925,505,098.330 on March 13, 2024. However, the sector's index declined to 13,028.730, down by 271.590, making up 13.746% of the total market capitalization, indicating a challenging period for exploration firms.

Fauji Fertilizer Bin Qasim Ltd Maintains Positive Outlook with Dividend Announcement

Karachi, Fauji Fertilizer Bin Qasim Ltd (FFBL), a notable entity in the fertilizer industry, reported an EPS of Rs. 3.41 for the recent fiscal year. Despite facing challenges, the company has declared a 10% distribution, showcasing resilience. Listed on the Pakistan Stock Exchange since 1996, FFBL has a paidup capital of Rs. 12,912.53 million. The stock's performance was captured at a high of Rs. 25.61, indicating a steady market presence amidst fluctuating economic conditions.

Paper & Board Sector Records Decline

Karachi, The paper & board sector's market capitalization was reported at Rs. 74,419,042,878 with 1,023,521 shares traded and a value of Rs. 25,527,855.820 on March 13, 2024. The current index stood at 15,898.860, decreasing by 133.770, representing 0.817% of the total market capitalization, indicating a downturn in the sector.

Fauji Fertilizer Company Limited Achieves Exceptional Financial Results

Karachi, Fauji Fertilizer Company Limited (FFC), a leading name in the fertilizer sector, showcased exceptional financial results with an EPS of Rs. 23.32 for the year ending 2022/2023. The company announced a distribution of 121.30%, along with a 154.90% bonus, reflecting its strong financial position. FFC, which has been a part of the Pakistan Stock Exchange since 1992, has a paidup capital of Rs. 12,722.38 million. The share price observed a high of Rs. 117.65, underscoring the company's significant market influence and investor trust.

Power Generation & Distribution Sector Witnesses Significant Decline

Karachi, The power generation & distribution sector reported a market capitalization of Rs. 371,192,774,944 with a high turnover of 17,913,046 shares and a value of Rs. 216,460,285.870 as of March 13, 2024. The sector's index fell to 30,858.930, a decrease of 545.590, accounting for 4.076% of the market's total capitalization, indicating a notable decline.