Day: November 23, 2023

Earnings Uplift for BECO Steel Amid Market Challenges

Karachi, (PPI Bot): BECO Steel Ltd. (BECO) has posted an earnings per share (EPS) of Rs 0.09 for the period January to October 2023, signaling a modest financial outcome against the backdrop of a challenging economic environment. The company’s trading…

MCB Pakistan Sovereign Fund Declares Distributions

Karachi, (PPI Bot): MCB Pakistan Sovereign Fund, active since 2009, announced its distributions for the past years. The fund’s offer price was 59.29, and the redemption price was 58.3 as of 23 Nov 2023. It declared distributions of Rs 3.20 per unit fo…

Dadex Eternit Faces Downturn with Negative EPS

Karachi, (PPI Bot): Dadex Eternit Ltd. (DADX) reported a negative earnings per share (EPS) of Rs (3.62) from January to October 2023, reflecting a downturn in its financial performance. The company closed at Rs 40.60 with no distributions reported for…

MCB Pakistan Stock Market Fund Maintains Prices

Karachi, (PPI Bot): The MCB Pakistan Stock Market Fund, listed in 2009, maintained its offer and redemption prices for the year ending 2023. As of the market summary on 23 Nov 2023, the fund reported an offer price of 118.26 and a redemption price of …

Consistent Performance by International Steels with High EPS

Karachi, (PPI Bot): International Steels Ltd. (ISL) has showcased consistent market performance with an earnings per share of Rs 17.16. The company closed its trading at Rs 65.97 with a daily average rate of Rs 66.10. With distributions of 100%, 65%, …

Meezan Asset Allocation Fund Reports Positive Returns

Karachi, (PPI Bot): Meezan Asset Allocation Fund, listed on the Pakistan Stock Exchange in 2017, has reported an offer price of 54.37 and a redemption price of 52.59 as of 23 Nov 2023. The fund, which follows a June year-end, declared a 19.00% distrib…