Day: November 29, 2023

Emco Industries Ltd. Sees Modest Stock Price Growth

Karachi, (PPI Bot): Emco Industries Ltd. has reported a slight increase in its stock price to PKR 42.07 from PKR 42.00, as seen in the latest data from the Pakistan Stock Exchange. In June, the stock reached a high of PKR 350.00, with the company anno…

Alfalah GHP Income Fund Announces Distribution for 2023

Karachi, The Alfalah GHP Income Fund, a mainstay in the Pakistan Stock Exchange since 2007, reported a positive financial year for 2023. The fund, with an offer and redemption price both at 0, declared a 4.07% distribution for the year, equivalent to …

Johnson & Phillips (Pakistan) Ltd. Faces Stock Price Decline

Karachi, (PPI Bot): Johnson & Phillips (Pakistan) Ltd. has experienced a decrease in its stock price, closing at PKR 54.50 down from PKR 117.00. The company reported no interim cash dividend or bonus issues as of June, reflecting a challenging pha…

Pak Elektron Ltd. Reports Robust Return on Equity

Karachi, (PPI Bot): Pak Elektron Ltd. has seen a marginal increase in its closing stock price, moving from PKR 17.70 to PKR 17.77. The peak stock price in December was an impressive PKR 8,560.12, with a 72% return on equity. There was no interim cash …

Alfalah GHP Islamic Income Fund Reports Distribution

Karachi, (PPI Bot): The Alfalah GHP Islamic Income Fund, in operation since 2009, declared a distribution of 4.72%, equivalent to PKR 4.2713 per unit, with an offer price of PKR 111.66. This reflects the fund’s performance in the Islamic income fund c…

Alfalah Islamic Money Market Fund Reports No Distributions in 2023

Karachi, (PPI Bot): The Alfalah Islamic Money Market Fund, launched in 2023, has reported its performance for the year ending June 2023. The fund did not declare any distributions for this period, marking its first year of operation in the Islamic mon…

Pak Elektron Ltd. Preference Shares Remain Steady

Karachi, Pak Elektron Ltd., trading under the symbol PELPS for its preference shares, maintained its share value at Rs. 11.00. The company, with a paid-up capital of Rs. 449.58 million, did not announce any distributions for the fiscal year ending Dec…

Siemens Pakistan Engineering Posts Extraordinary Returns

Karachi, (PPI Bot): Siemens (Pakistan) Engineering has announced a closing stock price of PKR 766.15, up from PKR 760.01. In September, the stock achieved a high of PKR 82.47, with the company reporting a substantial 460% return on equity and a corres…

Alhamra Islamic Active Allocation Fund Reports No Changes

Karachi, (PPI Bot): The Alhamra Islamic Active Allocation Fund, along with its Al Hamra Smart Portfolio, has reported its performance for the year ending June 2023. Both the fund and the portfolio, with offer prices of PKR 0 and PKR 112.91 respectivel…