Day: November 29, 2023

Bank Makramah Limited Proposes Rights Issue at 65%

Karachi, (PPI Bot): Bank Makramah Limited, previously known as Summit Bank Limited, has proposed a rights issue at a rate of 65%. The announcement marks a significant potential expansion of the bank’s capital base. Details regarding the schedule and t…

Treet Corporation Limited Announces Rights Issue Timeline

Karachi, (PPI Bot): Treet Corporation Limited (TREETR2) has outlined the critical dates for its rights issue. The trading of these rights will start on November 24, 2023, and will end on December 15, 2023. The deadline for payment or renunciation of t…

Worldcall Telecom Ltd. Debuts WTL-FEB Futures Trading

Karachi, (PPI Bot): Worldcall Telecom Ltd. has been included in the Deliverable Future Contracts for February 2024 on the Pakistan Stock Exchange, trading under the symbol WTL-FEB. The contract period is from November 27, 2023, to February 23, 2024, w…

Bilal Fibres Limited Sets Date for AGM

Karachi, (PPI Bot): Bilal Fibres Limited will close its transfer books from December 13, 2023, to December 20, 2023. In addition, the company has planned its AGM on December 20, 2023, at 9:00 AM in Lahore, where shareholders are expected to attend.

Exchange Traded Funds Experience Index Contraction

Karachi, (PPI Bot): The exchange traded funds sector experienced a contraction in the index by 941.540 points, closing at 606,963.070 from a prior 607,904.610. The market capitalization is noted at Rs. 980,318,200 with a turnover of 1,808,500 shares a…

Bannu Woollen Mills Ltd Reports Consistent Performance in 2023

Karachi, (PPI Bot): Bannu Woollen Mills Ltd, trading under the symbol BNWM on the Pakistan Stock Exchange, maintained a steady performance in the fiscal year 2023. The stock closed at Rs. 28.10 with a daily weighted average rate of Rs. 29.01. Despite …

Askari Bank Limited Announces Book Closure

Karachi, (PPI Bot): Askari Bank Limited (AKBLTFC7) has notified that the transfer books of the company will be closed from December 8, 2023, to December 15, 2023. The bank has yet to announce the dates for any dividend distribution, bonus issues, or t…

WAVES Singer Pakistan Ltd. Introduces WAVES-FEB Futures Contract

Karachi, (PPI Bot): WAVES Singer Pakistan Ltd. has joined the futures market with the symbol WAVES-FEB for the February 2024 contract on the Pakistan Stock Exchange. The contract covers the period from November 27, 2023, to February 23, 2024, with a s…

Woollen Sector Records Index Dip

Karachi, (PPI Bot): A decline in the index was seen in the woollen sector, with a drop of 266.070 points to 4,108.020 from 4,374.090. The market capitalization for this sector is Rs. 267,125,625, with a turnover of 69,500 shares and a traded value of …

Real Estate Investment Trust Index Moves Upward

Karachi, (PPI Bot): The real estate investment trust sector showed a positive development with an index increase of 172.610 points, ending at 22,430.080 from 22,257.470. With a market capitalization of Rs. 32,148,890,000, the turnover reached 856,000 …

UBL Pakistan Enterprise ETF Launches UBLPETF-FEB Futures Trading

Karachi, (PPI Bot): UBL Pakistan Enterprise ETF is part of the February 2024 Deliverable Future Contracts on the Pakistan Stock Exchange, trading under UBLPETF-FEB. The contract period is from November 27, 2023, to February 23, 2024, with settlement o…