Dandot Cement Reports Increase in Share Price

Karachi, Dandot Cement, with the company code DNCC, reported an increase in its share price from 13.89 at the opening to 14.65 at close. The stock saw a high of 14.39 and maintained its opening price as the day’s low with 57,000 shares traded. It closed slightly below its peak at 13.68 on May 3, 2024.

Cnergyico PK Ltd Reports Negative Earnings Amid No Dividend Announcement

Karachi, Cnergyico PK Ltd, a refiner listed on the Pakistan Stock Exchange since 2002, today recorded a daily weighted average rate of Rs. 54,934.48. The company reported a downturn with earnings per share (EPS) of Rs. 3.48 for the period from January to April 2024, following a negative EPS of Rs. (2.34) in the previous year. Cnergyico did not announce any dividend for the years 2022 and 2023. The stock price ranged between Rs. 206 and Rs. (55.81) during the same period.

HBL Growth Fund Marks Notable Trading Day in Pakistan Stock Exchange

Karachi, In the latest trading session on the Pakistan Stock Exchange, HBL Growth Fund (HGFA) experienced a noticeable performance, closing at PKR 7, a notable rise from its opening price of PKR 6.67. The fund saw its lowest point at PKR 6.63, while peaking at PKR 7 during the session. A total of 12,500 shares were traded with the fund’s closing price settling at PKR 6.51.

Colgate-Palmolive (Pakistan) Sees Record Dividends and Bonus Issue

Karachi, Colgate-Palmolive (Pakistan) NC reported a dividend of 525% with a 15% bonus issue, along with a substantial dividend of 650% and a 145% bonus issue, further complemented by an interim dividend of 225%. The company, which has been listed since 1984, recorded an earnings per share of Rs. 1270 and a share rate of Rs. 2,427.73 for the period January-April 2024.

Soneri Bank Ltd. Participates in DFC-May-2024


Karachi, Soneri Bank Ltd. (SNBL-MAY) is involved in the Deliverable Future Contracts running from February 26, 2024, to May 31, 2024, with these contracts set to settle on June 4, 2024. This engagement is noted in the recent financial updates from the Pakistan Stock Exchange.

United BankXD Shares Slightly Rise in Pakistan Stock Exchange

Karachi, In today’s trading session at the Pakistan Stock Exchange, shares of United BankXD experienced minor fluctuations, concluding slightly above the opening price. The bank’s primary stock opened at 200.41 and closed at 201, with trading volumes reaching 1,250,468 shares.

The stock observed a low of 197.5 and a peak of 198.9 during the session. Despite the narrow trading range, the closing price showed a slight increase from the opening, settling at 200.47.

Additional listings for United BankXD, represented as UBL-JUL, UBL-JUNB, and UBL-MAYC, were noted with specific high values despite no opening, closing, or low prices recorded. UBL-JUL peaked at 211.45 and settled at 213.26. Similarly, UBL-JUNB reached a high of 207.46 and closed at 209.29, while UBL-MAYC saw its high at 203.46, ultimately settling lower at 198.

JS Bank Ltd’s Profits Increase Marginally Amidst Market Volatility

Karachi, JS Bank Ltd (JSBL) witnessed a slight rise in its profits as per its financial announcement for the period ending March 2024. The bank reported earnings per share (EPS) of Rs. 0.74 for the period, indicating a marginal increase compared to the previous year. The bank’s turnover stood at Rs. 20,506.62 million, with a daily weighted average rate of Rs. 9.93. Despite the prevailing market volatility, JS Bank Ltd maintained stability in its financial performance. Established in 2007, the bank has continued its operations with resilience amidst fluctuating market conditions.

United BankXD Shares Slightly Rise in Pakistan Stock Exchange

Karachi, In today’s trading session at the Pakistan Stock Exchange, shares of United BankXD experienced minor fluctuations, concluding slightly above the opening price. The bank’s primary stock opened at 200.41 and closed at 201, with trading volumes reaching 1,250,468 shares.

The stock observed a low of 197.5 and a peak of 198.9 during the session. Despite the narrow trading range, the closing price showed a slight increase from the opening, settling at 200.47.

Additional listings for United BankXD, represented as UBL-JUL, UBL-JUNB, and UBL-MAYC, were noted with specific high values despite no opening, closing, or low prices recorded. UBL-JUL peaked at 211.45 and settled at 213.26. Similarly, UBL-JUNB reached a high of 207.46 and closed at 209.29, while UBL-MAYC saw its high at 203.46, ultimately settling lower at 198.

Power Cement Limited Included in June 2024 Futures Contracts


Karachi, Power Cement Limited, listed on the Pakistan Stock Exchange under the symbol POWER-JUN, will engage in futures trading for the period spanning April 1, 2024, to June 28, 2024. The contracts are scheduled for settlement on July 2, 2024. This presents a chance for investors to speculate on the future prices of construction materials.

Power Cement Limited Included in June 2024 Futures Contracts


Karachi, Power Cement Limited, listed on the Pakistan Stock Exchange under the symbol POWER-JUN, will engage in futures trading for the period spanning April 1, 2024, to June 28, 2024. The contracts are scheduled for settlement on July 2, 2024. This presents a chance for investors to speculate on the future prices of construction materials.

Pakistan Stock Exchange Sees Activity in Pak Elektron Shares


Karachi, In today’s trading session at the Pakistan Stock Exchange, Pak Elektron’s shares experienced noticeable fluctuations across various futures, with minor changes recorded in the spot market. Pak Elektron, listed under the company code PAEL, saw its shares open at PKR 24 and close slightly higher at PKR 24.09. The day’s trading ranged between a low of PKR 23.3 and a high of PKR 23.44, with a total of 10,779,132 shares traded, closing at PKR 23.92.



Pak Elektron’s April futures, identified as PAEL-APR, opened and closed at PKR 24.11, peaking at PKR 23.5 and dropping to a low of PKR 23.4 during the session. A total of 2,586,000 shares were exchanged, and the closing price settled at PKR 24.02.



The June futures for Pak Elektron, marked as PAEL-JUN, notably started and closed at PKR 0, indicating no regular trading activity, with a sudden high at PKR 24.54 and a closing price reaching PKR 25.06.



For May futures, referenced as PAEL-MAY, the opening price was PKR 24.5, and the closing was narrowly up at PKR 24.52. Throughout the day, the shares hit a low of PKR 23.85 and a high of PKR 23.97, with 3,530,000 shares traded and a closing price of PKR 24.5.

1 Year IJARA Sukuk Sees Modest Gain in Trading Volume


Karachi, The 1 Year IJARA Sukuk (P01GIS091224) experienced a slight increase in its closing price, finishing the day at PKR 90.01 compared to its opening at PKR 89.4. The security moved narrowly between its day’s low of PKR 89.4 and high of PKR 90.01, with a significant trading volume of 6,005,000 shares, closing at PKR 89.97.