Karachi, Descon Oxychem Ltd is participating in the Deliverable Future Contracts for May 2024, marked under the symbol DOL-MAY. The contracts run from February 26, 2024, to May 31, 2024, with a settlement date on June 4, 2024. This information was shared through the Pakistan Stock Exchange.
Fauji Foods Limited Announces Deliverable Future Contracts for May 2024
Karachi, Fauji Foods Limited has been listed in the Deliverable Future Contracts (DFC) for May 2024, as reported by the Pakistan Stock Exchange Market Report for March 21, 2024. The contract period is set from February 26, 2024, to May 31, 2024, with settlement scheduled for June 4, 2024. The company’s symbol code for these future contracts is FFL-MAY.
K-Electric Limited Set for May 2024 Deliverable Future Contracts
Karachi, In the latest Pakistan Stock Exchange Market Report for March 21, 2024, K-Electric Limited is among the companies listed for Deliverable Future Contracts (DFC) for May 2024. The timeframe for these contracts is from February 26, 2024, to May 31, 2024, with the settlement date marked for June 4, 2024. K-Electric Limited’s participation is indicated by the symbol code KEL-MAY.
Pak International Airline Corp Ltd Joins May 2024 Deliverable Future Contracts
Karachi, The Pakistan Stock Exchange announced that Pak International Airline Corp Ltd is part of the Deliverable Future Contracts for May 2024, under the symbol PIAA-MAY. The contract duration extends from February 26, 2024, through May 31, 2024, with settlement scheduled for June 4, 2024. This listing provides an avenue for investors to speculate on the future of Pakistan’s national airline.
Worldcall Telecom Ltd. Engages in May 2024 Deliverable Future Contracts
Karachi, Worldcall Telecom Ltd. has been included in the Deliverable Future Contracts for May 2024, as reported in the Pakistan Stock Exchange Market Report for March 21, 2024. The contracts span from February 26, 2024, to May 31, 2024, with the final settlement scheduled for June 4, 2024. The symbol code for Worldcall Telecom Ltd. in this futures market is WTL-MAY.
Stock Index Futures Market Announces March 2024 Contract Dates
Karachi, The Pakistan Stock Exchange has announced the opening and closing dates for the Stock Index Futures Contract Market for March 2024. According to the financial disclosure, the futures contracts for March 2024 will open on an unspecified date and are set to close on March 29, 2024. This announcement provides investors and traders with the essential timeline for planning their investment strategies in the futures market for the upcoming month.
IGI Life Insurance Limited to Host AGM in Karachi
Karachi, IGI Life Insurance Limited has announced its Annual General Meeting (AGM) will occur on April 22, 2024, with a start time of 2:00 PM, in Karachi. Alongside this, the company has slated April 29, 2024, for the closure of its transfer books. This gathering is an essential part of the company’s yearly schedule, allowing stakeholders to be informed about and discuss the firm’s performance and strategies.
Chenab Limited Schedules AGM in Faisalabad
Faisalabad, Chenab Limited has planned its Annual General Meeting (AGM) without specifying the exact date. The meeting is set to start at 11:30 AM in Faisalabad. This announcement is part of the company’s regular engagement with its shareholders to discuss its achievements and future direction.
Zephyr Textile Maintains Consistency in Share Price
Karachi, In the trading session on March 21, 2024, Zephyr Textile (ZTL) maintained a consistent share price throughout the day at the Pakistan Stock Exchange. The company's shares opened and closed at PKR 12.25, with no variation in price during the session. The trading volume was notable, with 100,000 shares traded, closing at the same price of PKR 12.25.
HBL Growth Fund Announces 12% Distribution for Investors
Karachi, The HBL Growth Fund, operating under the symbol HGFA on the Pakistan Stock Exchange (PSE), has declared a 12% distribution for its investors. The fund, which was listed in 1980, has a paid-up capital of Rs. 2,835.00 million. Despite not disclosing specific earnings per share (EPS) for the January-February 2024 period, the fund has consistently attracted attention with its performance. The mutual fund, categorized as a close-end fund, remains a notable option for investors, maintaining a minimum market lot of 500. The announcement comes without specific details on the fund's high and low rates for the 2023-2024 period, highlighting its stability in the market.
Askari Islamic Income Fund Announces Distributions for June 2024
Karachi, The Askari Islamic Income Fund, featuring Class B and C units, declared a distribution of 5.03% for its investors in June 2024. The Class B units offered a notable return, with redemption prices moving from Rs 4.5854 per unit in 2023 to Rs 6.4321 per unit in 2024, showcasing a robust increase. Similarly, Class C units, also yielding a 5.03% distribution, held their redemption price steady at Rs 4.5854 per unit. This fund, active since 2009, continues to deliver consistent returns to its stakeholders.
Tri-Star Mutual Fund Records Negative EPS, Signifying Challenges
Karachi, The Tri-Star Mutual Fund (TSMF), a notable entity on the Pakistan Stock Exchange, reported a negative earnings per share (EPS) of Rs. (3.26) for the period of January-February 2024. With a paid-up capital of Rs. 50.00 million, the fund has been a part of the PSE since 1994, offering investors a minimum market lot of 500. The announcement indicates a challenging period for the fund, which has not declared any distribution for its investors this year. The fund's performance metrics, including high and low rates for the fiscal year 2023-2024, remain undisclosed, highlighting the need for strategic adjustments to navigate the current market conditions.