Day: November 30, 2023

AKD Islamic Income Fund Shows Steady Performance in PSX

Karachi, (PPI Bot): The AKD Islamic Income Fund, a part of the Pakistan Stock Exchange since 2018, maintained a steady performance as of November 30, 2023. The fund reported an offer price of Rs. 55.74 and a redemption price of Rs. 55.18. No specific …

AKD Opportunity Fund Demonstrates Strong Performance

Karachi, (PPI Bot): The AKD Opportunity Fund, part of the PSX since 2006, demonstrated strong performance as of November 30, 2023. The fund had an offer price of Rs. 108.19 and a redemption price of Rs. 105.04. In 2022, the fund reported a significant…

Gatron Industries Announces Dividend and Bonus Issue

Karachi, Gatron (Industries) Ltd. has declared a dividend at 30%(I) along with a 100% bonus issue, as reported in the latest financial announcements to the Pakistan Stock Exchange (PSE). With a closing price of 271.11 against an opening of 270.00, the…

AL Habib Cash Fund Shows Strong Returns

Karachi, (PPI Bot): The AL Habib Cash Fund, a part of the PSX since 2011, showed strong returns in the latest report. As of November 30, 2023, the fund offered a price of Rs. 103.87 and a redemption price of Rs. 101.83. The fund distributed Rs 6.50 pe…

Ibrahim Fibres Ltd. to Distribute 20% Dividend in December

Karachi, (PPI Bot): Ibrahim Fibres Ltd. has announced a 20% dividend payout to its shareholders for December. The company, which closed at Rs. 365.00, showcases a substantial capital of Rs. 3,105.07 million. The decision to distribute dividends unders…

AL Habib Islamic Cash Fund Stable in PSX

Karachi, (PPI Bot): The AL Habib Islamic Cash Fund, listed in 2022, showed stability in its performance in the PSX as of November 30, 2023. The fund offered a price of Rs. 103 and a redemption price of Rs. 100. No specific distributions were reported …

Image Pakistan Ltd. Announces Composite Dividend and Bonus

Karachi, (PPI Bot): Image Pakistan Ltd. has made a significant announcement for June, comprising a 75% right issue at Rs. 10 and a 15% bonus share issue. With a closing capital of Rs. 1,316.40 million, the company’s comprehensive distribution strategy…

National Silk & Rayon Mills Maintains Status Quo

Karachi, (PPI Bot): National Silk & Rayon Mills has reported no dividend or bonus issues for June. The company’s stock price closed at Rs. 30.83, with a modest net capital of Rs. 155.53 million. The absence of a dividend or bonus announcement sugg…

Al Ameen Islamic Sovereign Fund Demonstrates Strong Performance

Karachi, (PPI Bot): The Al Ameen Islamic Sovereign Fund, listed in 2010, demonstrated a strong performance in the PSX as of November 30, 2023. The fund reported an offer price of Rs. 106.38 and a redemption price of Rs. 105.19. It distributed 5.85% in…

Pakistan Synthetics Ltd. Offers Dividend and Bonus

Karachi, (PPI Bot): Pakistan Synthetics Ltd. has declared a 25% dividend and a subsequent 10% bonus in June. Closing at Rs. 24.17 and with a net capital of Rs. 1,386.99 million, the company’s decision to reward its shareholders is indicative of solid …

Rupali Polyester Ltd. Issues 50% Dividend

Karachi, (PPI Bot): Rupali Polyester Ltd. has disclosed a 50% dividend for its shareholders in June. The company’s share price closed at Rs. 21.00, and it holds a net capital of Rs. 340.69 million. By releasing such a substantial dividend, Rupali Poly…