Day: November 3, 2023

Meezan Islamic Fund Reports No Distribution for the Year

Karachi: The Meezan Islamic Fund, offered since 2014, has closed the financial year ending in June 2023 without any distributions. The fund’s offer price was stated as Rs 70.1, with a redemption price of Rs 68.55.

Meezan Islamic Income Fund Marks Year-End Without Distributions

Karachi: For the financial year ending in June 2023, the Meezan Islamic Income Fund did not announce any distributions. The fund, which has been listed on the exchange since its inception, offered an offer price of Rs 55.7 and a redemption price of Rs…

Lalpir Power Ltd. Announces Record Interim Dividend for 2023

Karachi: The stock of Lalpir Power Ltd. (LPL) closed at Rs. 16.55, slightly below its daily weighted average rate of Rs. 16.66. With a paid-up capital of Rs. 3,798.39 million, the power generation and distribution company announced a substantial inter…

Nishat Power Ltd. Continues Strong Dividend Performance

Karachi: Nishat Power Ltd. (NPL) shares traded at a close of Rs. 25.43 with a daily weighted average of Rs. 25.22. The company, which has a paid-up capital of Rs. 3,540.89 million, declared a 70% dividend for 2023, sustaining its record after payouts …

Sitara Energy Ltd. Trades Without Dividends Amid Low Turnover

Karachi: Sitara Energy Ltd. (SEL) closed its trading day at Rs. 14.27, above the daily weighted average rate of Rs. 14.70. With a paid-up capital of Rs. 190.92 million, SEL has not announced any dividends for 2023, continuing the trend from previous y…

Burshane LPG (Pakistan) Reports No Dividend for Current Year

Karachi: Shares of Burshane LPG (Pakistan) Ltd. (BPL) closed at Rs. 17.75, equal to its daily weighted average rate. The company, holding a paid-up capital of Rs. 224.89 million, has not announced any dividends for the year ending June 2023. Shares of…