Day: November 30, 2023

Bank Makramah Limited Announces 65% Rights Issue

Karachi, Bank Makramah Limited, previously known as Summit Bank Limited, is proposing a rights issue at the rate of 65%. This decision is part of the bank’s strategy to enhance its capital base. The details regarding the schedule of the rights issue h…

Sapphire Fibres Limited Reports High Dividends and Earnings

Karachi, (PPI Bot): Sapphire Fibres Limited NC (Symbol Code: SFL) ended the year with a remarkable 100% dividend, reflecting significant profitability with a share price of Rs. 1196.85. The company, boasting a paid-up capital of Rs. 206.72 million, re…

786 Smart Fund Maintains Steady Performance in PSX

Karachi, (PPI Bot): The 786 Smart Fund, listed since 2003, showed steady performance as per the Pakistan Stock Exchange Market Report dated November 30, 2023. The fund offered a price of Rs. 89.96 and a redemption price of Rs. 89.07. For the year endi…

Suraj Cotton Mills Ltd. Delivers Strong Dividend and Earnings

Karachi, (PPI Bot): Suraj Cotton Mills Ltd.XB NC (Symbol Code: SURC) concluded the financial year with a 100% cash dividend and an additional 10% bonus, showcasing significant growth with a closing share rate of Rs. 156.75. The company’s paid-up capit…

ABL Financial Planning Fund Displays Mixed Results

Karachi, (PPI Bot): The ABL Financial Planning Fund, listed in 2016, showed mixed results in the recent PSX report. The ABL Active Allocation Plan offered a price of Rs. 100.93 and a redemption price of Rs. 98.64, with a distribution of 2.27% in June….

ABL Income Fund Records Consistent Returns

Karachi, (PPI Bot): ABL Income Fund, listed in 2008, recorded consistent returns in the latest PSX report dated November 30, 2023. The offer price for the fund was Rs. 10.38, with a redemption price of Rs. 10.21. The fund reported a 5.63% distribution…