Day: November 23, 2023

Baba Farid Sugar Mills Ltd Reports Steady Performance in 2023

Karachi, (PPI Bot): Baba Farid Sugar Mills Ltd NC, symbol BAFS, closed at Rs. 28.89, showing steady performance. The company, with a paid-up capital of Rs. 94.50 million, did not announce any distributions for 2023. Since its 1984 listing, Baba Farid …

Sazgar Engineering Sees Significant Trading Activity

Karachi, (PPI Bot): Sazgar Engineering (SAZEW), known for its automotive products, witnessed significant trading activity on the Pakistan Stock Exchange on November 23, 2023. The stock opened at PKR 184.74 and closed at a higher value of PKR 191. It r…

BankAlfalah Limited Reports Substantial Dividends

Karachi, (PPI Bot): BankAlfalah Limited’s share rate stood at 41.55 PKR, with a 40% dividend and a subsequent 50% and 30% distribution. The bank’s paid-up capital is 15,771.65 million PKR, and it has reported a strong EPS of 8.00 PKR, with a turnover …

Cement Sector Shows Robust Performance

Karachi, (PPI Bot): In the Cement sector of the Pakistan Stock Exchange, the market capitalization was Rs. 591,499,881,601. The sector experienced a turnover of 45,287,429 and a traded value of Rs. 2,097,841,325.260. The index for this sector increase…

Chashma Sugar Mills Ltd. Demonstrates Strong Performance in 2023

Karachi, (PPI Bot): Chashma Sugar Mills Ltd. NC, symbol CHAS, closed at Rs. 60.00, demonstrating strong performance. The company, with a paid-up capital of Rs. 286.92 million, announced a 50% distribution for 2023. Since its 1991 listing, Chashma Suga…

Security Papers Limited Records Minor Fluctuations in Stock Value

Karachi, (PPI Bot): Security Papers Limited (SEPL), a key player in the security paper manufacturing industry, recorded minor fluctuations in its stock value on the Pakistan Stock Exchange on November 23, 2023. The stock opened at PKR 118 and saw a sl…

BankIslami Pakistan Ltd Declares Modest Dividend

Karachi, BankIslami Pakistan Ltd, symbolized as BIPL, declared a 10% dividend for 2022 and a 1.75% interim dividend for 2023. The bank’s rate is Rs. 25.65, with a daily weighted average rate of Rs. 26.36. BankIslami Pakistan Ltd, with a paid-up capita…

Close – End Mutual Fund Sector Reports Minor Decline

Karachi, (PPI Bot): The Close – End Mutual Fund sector, with a market capitalization of Rs. 3,426,636,250, witnessed a turnover of 3,716,000 and a traded value of Rs. 12,873,985.000. The sector’s index saw a decrease from 2,355.420 to 2,334.200, a cha…

Faran Sugar Mills Ltd Faces Challenges in 2023

Karachi, (PPI Bot): Faran Sugar Mills Ltd NC, symbol FRSM, closed at Rs. 85.90, facing challenges in the market. The company, with a paid-up capital of Rs. 250.07 million, did not announce any distributions for 2023. Listed in 1984, Faran Sugar Mills’…

Roshan Packages Sees Modest Gain in Stock Market

Karachi, (PPI Bot): On November 23, 2023, Roshan Packages Limited (RPL), a prominent packaging company, experienced a modest gain in its stock value on the Pakistan Stock Exchange. The stock opened at PKR 14.89 and closed at PKR 15.08, showing a sligh…

Bank of Punjab Offers Dividend and Bonus Shares

Karachi, (PPI Bot): Bank of Punjab’s share rate ended at 4.85 PKR, announcing 12.5% and 10% bonus shares. With a paid-up capital of 32,715.69 million PKR, the bank has an EPS of 4.75 PKR and a turnover of 801,350,525.

Engineering Sector Witnesses Positive Movement

Karachi, (PPI Bot): In the Engineering sector of the Pakistan Stock Exchange, the market capitalization was reported as Rs. 104,703,974,358. The sector had a turnover of 23,313,791 and a traded value of Rs. 679,639,758.940. The sector’s index rose fro…