Day: November 10, 2023

Habib Insurance Co. Ltd. Continues Steady Distributions

Karachi: Habib Insurance Co. Ltd. (HICL), operational since 1949, closed at Rs. 5.00. The company has maintained consistent distribution rates of 12.5% in both 2021 and 2023. HICL’s paid-up capital is Rs. 386.25 million, with a daily weighted average …

MCB Pakistan Asset Allocation Fund Shows Market Fluctuations

Karachi: MCB Pakistan Asset Allocation Fund, listed in 2008, reported noticeable market fluctuations. The fund’s offer price as of June 2023 was 104.13, while the redemption price was 100.71, reflecting variations in market dynamics.

Jubilee Life Insurance Co. Demonstrates Continued Growth

Karachi: Jubilee Life Insurance Co. (JLICL) reported a closing rate of Rs. 128.52. Since its listing in 1996, JLICL has maintained high distribution rates, with 145% in 2021 and 130%15%B in 2023. The company’s paid-up capital is Rs. 1,638.9 million, a…

MCB Pakistan Fixed Return Fund Reflects Inactivity

Karachi: The MCB Pakistan Fixed Return Fund, introduced to the market in 2022, showed inactivity in its latest financial report, with both the offer and redemption prices reported as 0 as of June 2023. This suggests a period of stagnation or restructu…

Crescent Cotton Mills Ltd. Reports No Distribution in 2023

Karachi: Crescent Cotton Mills Ltd. (CCM), operational since 1965, closed at Rs. 37.36. The company declared a 7.5% distribution in 2022 but no distribution in 2023. CCM’s paid-up capital is Rs. 174 million, and its daily weighted average rate was Rs….

MCB Pakistan Frequent Payout Fund Indicates No Recent Activity

Karachi: MCB Pakistan Frequent Payout Fund, in the market since 2016, reflected no recent activity in the financial announcements, with both offer and redemption prices at 0 as of June 2023. This indicates a lack of recent transactions or changes in t…

Din Textile Mills Ltd Maintains No Distribution in 2023

Karachi: Din Textile Mills Ltd (DINT), operational since 1991, closed at Rs. 86.23. The company did not declare any distributions in 2021, 2022, and 2023. DINT’s paid-up capital is Rs. 138 million, with a daily weighted average rate of Rs. 123.03. The…

MCB Pakistan Opportunity Fund Demonstrates Strong Market Position

Karachi: The MCB Pakistan Opportunity Fund, listed in 2022, has demonstrated a strong position in the market. As of June 2023, the fund’s offer price was 139.72, and the redemption price was 135.14, suggesting robust performance in the mutual fund sec…

Kohinoor Spinning Mills Ltd Faces Market Challenges

Karachi: Kohinoor Spinning Mills Ltd (KOSM), operational since 1984, closed at Rs. 2.49. The company did not declare any distributions in recent years. KOSM’s paid-up capital stands at Rs. 17,034.05 million, with a daily weighted average rate of Rs. 3…

786 Investments Ltd. Maintains Status Quo in Distributions

Karachi: 786 Investments Ltd. has not declared any dividends, bonuses, or rights issues for the current year ending in June, according to the latest financial announcements from the Pakistan Stock Exchange. The company traded at a daily weighted avera…

Olympia Mills Limited Reports No Distributions in Recent Years

Karachi: Olympia Mills Limited (OML), operational since 1971, closed at Rs. 16.12. The company did not declare any distributions in recent years. OML’s paid-up capital is Rs. 63 million, with a daily weighted average rate of Rs. 21.49, showing a decre…

Arif Habib Limited Announces Generous Distributions

Karachi: Arif Habib Limited declared a 100% cash dividend and a 10% bonus share issuance for its shareholders, with an additional 60% in cash and 25% in bonus shares distribution. The stock’s daily weighted average rate stood at 35.47, peaking at 42.4…