Day: November 23, 2023

NBP Islamic Daily Dividend Fund Reports Prices for June 2023

Karachi, The NBP Islamic Daily Dividend Fund has posted its financial figures for June 2023, with an offer price of Rs 10.11 and a redemption price of Rs 10. The fund was introduced to the market in 2019 but did not declare any distribution for the cu…

Kohat Cement Sees Substantial Gains on the PSX

Karachi, (PPI Bot): Kohat Cement Company Ltd. experienced a substantial gain in share prices on the Pakistan Stock Exchange on November 23, 2023. The company’s shares, starting the day at Rs. 217, saw a sharp increase, closing at Rs. 225, with a high …

Descon Oxychem Announces Progressive Dividend Increase

Karachi, (PPI Bot): Descon Oxychem Ltd. (DOL) has indicated a positive trend in dividend payouts, escalating from 10% in 2021 to 40% in 2023. The company’s shares traded at PKR 24.80 today, up from its daily weighted average of PKR 24.98. With a turno…

NBP Islamic Energy Fund Declares Distribution for 2023

Karachi, (PPI Bot): The NBP Islamic Energy Fund, with its listing year being 2016, has reported an offer price of 12.79 and a redemption price of 12.38 for June 2023. The fund announced a distribution of 8.31% for the year, indicating a noteworthy pe…

Kohinoor Spinning Sees Active Trading and Price Increase on PSX

Karachi, (PPI Bot): Kohinoor Spinning witnessed a notable trading day on the Pakistan Stock Exchange on November 23, 2023. The company’s shares opened at Rs. 2.9 and saw an increase to a closing price of Rs. 2.94, with trading between a low of Rs. 2.7…

Engro Polymer & Chemicals Records Solid Dividend Growth

Karachi, (PPI Bot): Engro Polymer & Chemicals (EPCL) declared an impressive 163% cash dividend for 2021, which was slightly adjusted to 125% for 2022 and a 50% interim dividend for 2023. Trading at PKR 45.53, the company’s daily average rate was a…

Kot Addu Power Company Sees Share Price Rise Amidst Active Trading

Karachi, (PPI Bot): Kot Addu Power Company (KAPCO) experienced a notable increase in share price during the trading day on November 23, 2023, on the Pakistan Stock Exchange. The company’s shares opened at Rs. 27.95 and climbed to a high of Rs. 28.32, …

NBP Islamic Income Fund Reports Steady Prices for 2023

Karachi, (PPI Bot): The NBP Islamic Income Fund, listed in 2020, has declared an offer price of 11 and a redemption price of 10.88 for June 2023. The fund did not announce any distributions, suggesting a stable approach in its financial operations fo…

Ghani Chemical Industries Reports No Dividends

Karachi, Ghani Chemical Industries Ltd. (GCIL) today announced it would not be distributing dividends for the current year, maintaining its previous stance of not issuing any payouts. The share rate closed at Rs. 10.27, aligning closely with its daily…