Day: November 23, 2023

Pak Suzuki Motors Co Ltd Finalizes Futures Contract Duration

Karachi, (PPI Bot): Pak Suzuki Motors Co Ltd, listed with the symbol PSMC-NOV, has ended its Deliverable Future Contracts for November 2023. The contract period began on August 28, 2023, and concluded on November 24, 2023, with the settlement schedule…

Biafo Industries Marks Significant Growth

Karachi, (PPI Bot): Biafo Industries (BIFO) marked significant growth in its stock price in the Pakistan Stock Exchange on 23 November 2023. The company’s shares opened at PKR 123.31 and saw a substantial rise, closing at PKR 130.34. The stock price v…

AL-Noor Modaraba Reports Minimal Earnings in 2023

Karachi, (PPI Bot): AL-Noor Modaraba 1st, trading as FANM, closed with a daily weighted average rate of Rs. 3.54. The modaraba, with a paid-up capital of Rs. 231.00 million, reported no distributions for 2023 but a 10% bonus in 2022. FANM, with a mark…

Fauji Foods Limited Concludes Futures Trading Period

Karachi, (PPI Bot): Fauji Foods Limited, trading under the symbol FFL-NOV, has reached the conclusion of its futures contract period for November 2023. The contract period commenced on August 28, 2023, and concluded on November 24, 2023, with the sett…

Crescent Star Insurance Ltd Faces Challenges in 2023

Karachi, (PPI Bot): Crescent Star Insurance Ltd NC, trading as CSIL, closed at Rs. 2.23, facing challenges in the market. The company, with a paid-up capital of Rs. 1,076.95 million, did not announce any distributions for 2023. Since its 1957 listing,…

First Fidelity Leasing Modaraba Records Loss in First Quarter

Karachi, (PPI Bot): First Fidelity Leasing Modaraba has disclosed its financial outcomes for the first quarter ending 30 September 2023. The company experienced a downturn, incurring a loss both before and after tax, amounting to PKR 0.217 million. Th…

K-Electric Limited Ends Futures Trading Period

Karachi, (PPI Bot): K-Electric Limited, known in the market as KEL-NOV, has completed its Deliverable Future Contracts for November 2023. The contract period spanned from August 28, 2023, to November 24, 2023, with the final settlement due on November…

Chemical Sector Experiences Slight Decline in Index

Karachi, (PPI Bot): The Chemical sector on the Pakistan Stock Exchange had a market capitalization of Rs. 633,636,505,961. It saw a turnover of 29,654,015 and a traded value of Rs. 623,748,179.920. However, the sector’s index decreased from 29,167.020…

Stock Index Futures Contracts Market Update for December 2023

Karachi, (PPI Bot): The December 2023 Stock Index Futures Contracts (SIFC) market on the Pakistan Stock Exchange opened on Monday, October 2, 2023, and is set to close on Friday, December 29, 2023. The settlement for these contracts is planned for Tue…

Fateh Sports Wear Limited Reports Profits in First Quarter

Karachi, (PPI Bot): Fateh Sports Wear Limited has announced its financial results for the first quarter ending on 30 September 2023. The company reported a before-tax profit of PKR 3.473 million, which is also reflected in its after-tax profits, amoun…