Day: November 30, 2023

Cherat Cement Co. Ltd. Offers Attractive Dividend and Bonus

Karachi, (PPI Bot): Cherat Cement Co. Ltd. has declared a 22.5% dividend and a 30% bonus, with an additional 45% bonus, reflecting in June. The firm’s share price has reached Rs. 153.74, and its net capital stands at Rs. 1,942.95 million, indicating a…

MCB Pakistan Asset Allocation Fund Maintains Steady Performance

Karachi, (PPI Bot): Since its listing in 2008, the MCB Pakistan Asset Allocation Fund has maintained steady performance in the PSX. As of November 30, 2023, the fund’s offer price was Rs. 104.13, and the redemption price was Rs. 100.71. The fund repor…

Dewan Cement Ltd. Maintains Status Quo Despite Large Capital

Karachi, (PPI Bot): Dewan Cement Ltd. has not announced any dividend or bonus for June. The company’s share price is Rs. 8.09 with a substantial net capital of Rs. 4,841.13 million, suggesting a conservative approach in capital management and possibly…

MCB Pakistan Frequent Payout Fund Distributes Consistent Returns

Karachi, (PPI Bot): Listed in 2016, the MCB Pakistan Frequent Payout Fund in the PSX distributed consistent returns as of November 30, 2023. The fund did not report offer or redemption prices but distributed Rs 3.2019 per unit in 2021 and Rs 4.1863 pe…

D.G. Khan Cement Co. Ltd. Announces Dividend

Karachi, D.G. Khan Cement Co. Ltd., trading under DGKC, announced a 10% dividend for 2022. The company’s rate is Rs. 72.61, with a daily weighted average rate of Rs. 74.24. D.G. Khan Cement Co. Ltd., with a paid-up capital of Rs. 4,381.19 million, has…

MCB Pakistan Sovereign Fund Records Stable Returns

Karachi, (PPI Bot): Since its listing in 2009, the MCB Pakistan Sovereign Fund has recorded stable returns in the PSX. As of November 30, 2023, the fund’s offer price was Rs. 59.29, and the redemption price was Rs. 58.3. The fund reported a distributi…

Fauji Cement Co. Ltd. Issues Bonus Shares

Karachi, (PPI Bot): Fauji Cement Co. Ltd. has announced a 12.5% bonus for June, signaling a positive performance with a closing share price of Rs. 17.67 and an extensive net capital of Rs. 24,528.47 million. The bonus issuance reflects the company’s s…

Meezan Gold Fund Reports No Distributions

Karachi, (PPI Bot): The Meezan Gold Fund, part of the Pakistan Stock Exchange since 2017, showed no distributions as of November 30, 2023. The fund’s offer price was listed at Rs. 166.18, and the redemption price at Rs. 160.93, indicating stability bu…

Fecto Cement Ltd. Withholds Dividend Amidst Industry Challenges

Karachi, (PPI Bot): Fecto Cement Ltd. has not declared any dividend or bonus for June, holding its share price at Rs. 29.37. With a net capital of Rs. 501.60 million, the decision may reflect a cautious financial strategy amidst market uncertainties w…

Meezan Islamic Income Fund Maintains Consistent Pricing

Karachi, (PPI Bot): The Meezan Islamic Income Fund, included in the PSX, reported consistent pricing as of November 30, 2023. The fund’s offer price was Rs. 56.49, and the redemption price was Rs. 55.86, with no distributions reported for the year.

Flying Cement Co. Ltd. Announces Rights Issue and Bonus

Karachi, (PPI Bot): Flying Cement Co. Ltd. has declared a rights issue at 113.64% and a 5% bonus for June. With a closing share price of Rs. 8.16 and a net capital of Rs. 6,948.00 million, the company is taking a significant step to increase its capit…

Meezan Sovereign Fund Reports No Activity

Karachi, (PPI Bot): The Meezan Sovereign Fund, part of the PSX, showed no activity in the market report. The fund’s offer price was Rs. 57.71, and the redemption price was Rs. 57.07, with no distributions reported for the year.