Day: November 29, 2023

Meezan Gold Fund Reports Year-End Price

Karachi, (PPI Bot): For the year ending June 2023, the Meezan Gold Fund, listed in 2017, reported a stable offer price of 160.74. The fund did not declare any distributions for the year.

Tobacco Sector Experiences Significant Index Rise

Karachi, (PPI Bot): A significant rise in the index was seen in the tobacco sector, with an increase of 2,284.180 points to 75,182.350 from 72,898.170. With a market capitalization of Rs. 317,949,052,697, the sector’s turnover was just 26,500 shares, …

Kot Addu Power Company Enters Futures Market for December 2023

Karachi, (PPI Bot): Kot Addu Power Company, listed as KAPCO-DEC, is set to participate in the deliverable future contracts (DFC) for December 2023. The contract period, running from October 2, 2023, to December 29, 2023, with a settlement on January 2…

GlaxoSmithKline Ends Higher in Active Session

Karachi, (PPI Bot): GlaxoSmithKline (GLAXO) ended the session higher at PKR 91.35, with the stock opening at PKR 89.55. The shares fluctuated between PKR 85 and PKR 87.16, with a traded volume of 126,500. The stock closed at a price of PKR 90.64.

Archroma Pakistan Limited Announces Nil Dividend; Books to Close

Karachi, (PPI Bot): Archroma Pakistan Limited has scheduled the closure of its transfer books from December 21, 2023, to December 28, 2023, and has announced a NIL dividend. The company’s AGM is set for December 28, 2023, at 10:00 AM in Karachi.

Suraj Cotton Mills Ltd. Shows Strong Performance in 2023

Karachi, (PPI Bot): Suraj Cotton Mills Ltd., trading as SURC, demonstrated strong financial results in 2023. The stock’s closing and daily weighted average rates both were at Rs. 157.25, with a paid-up capital of Rs. 488.10 million. The company, endin…

Stock Index Future Contracts and Future Contracts Hold Steady

Karachi, (PPI Bot): The sectors of stock index future contracts and future contracts showed no activity, with no reported market capitalization, turnover, or traded value, maintaining an index of 0. These sectors hold 0.000% of both the market capital…

Soneri Bank Limited (SNBLTFC4) to Close Transfer Books

Karachi, (PPI Bot): Soneri Bank Limited has declared its transfer books will be closed from December 13, 2023, to December 26, 2023. Details regarding its AGM/EOGM or any dividend or bonus issuance have not been disclosed.

Jahangir Siddiqui & Co Preference Right Share at 15%

Karachi, (PPI Bot): Jahangir Siddiqui & Co has notified its shareholders of a proposed rights issue, offering preference shares at a rate of 15%. This offering is designed to provide an opportunity for existing shareholders to increase their investmen…

Property Sector Index Slightly Declines

Karachi, (PPI Bot): The property sector faced a minor decline in the index by 51.160 points to 8,337.710 from 8,388.870. The market capitalization of the sector was Rs. 23,515,829,903 with a high turnover of 17,665,460 shares and a traded value of Rs….