Day: December 4, 2023

Aruj Industries Ltd Reports Modest Market Performance

Karachi, Aruj Industries Ltd, listed as ARUJ, closed at Rs. 8.00, with a daily weighted average rate of the same value. The company’s paid-up capital stands at Rs. 104.58 million, with a June fiscal year end. No distributions were declared for the yea…

Bhanero Textile Mills Ltd. Reports Significant Gains in 2023

Karachi, Bhanero Textile Mills Ltd., under the symbol BHAT, showed robust performance with its stock rate reaching Rs. 952.01. The company, with a paid-up capital of Rs. 30.41 million, saw distributions of 715% in both 2021 and 2022, and 350% in 2023….

NBP Islamic Mustahkam Fund Reports No Activity for 2023

Karachi, NBP Islamic Mustahkam Fund, newly listed in 2023, reported no financial activity for the year. The fund, including its Fixed Term Munafa Plans I and II, did not specify offer or redemption prices and declared no distributions for the year.

Blessed Textiles Limited Demonstrates Strong Market Performance

Karachi, Blessed Textiles Limited, trading as BTL, closed at Rs. 340.00, with a daily weighted average rate of Rs. 340.05. The company’s paid-up capital is Rs. 64.32 million, with distributions of 330% for 2021 and 2022, and 165% for 2023. The par val…

Crescent Textile Mills Ltd. Maintains Steady Performance in Market

Karachi, Crescent Textile Mills Ltd., symbolized by CRTM, showed a closing rate of Rs. 17.00, with a daily weighted average rate of Rs. 16.85. The company has a paid-up capital of Rs. 1,000 million. Distributions for 2021 were 25%, followed by 10% in …

JS Cash Fund Reports Significant Per Unit Distribution for 2023

Karachi, The JS Cash Fund, established in 2010, has announced its financial performance for the fiscal year ending June 2023. The fund’s offer and redemption prices were 105.39 and 104.21, respectively. Notably, it declared a significant per-unit dist…

Faisal Spinning Mills Ltd. Reports Strong Financial Performance

Karachi, Faisal Spinning Mills Ltd., trading under FASM, closed at Rs. 375.00, with a daily weighted average rate of Rs. 384.37. The company’s paid-up capital is Rs. 100 million. Distributions were 214.50% for both 2021 and 2022, and 115% for 2023. Th…

MCB Pakistan Fixed Return Fund Maintains No Listing in 2023

Karachi, The MCB Pakistan Fixed Return Fund, introduced in 2022, maintained a status of no listing in the market for the fiscal year ending June 2023, with no recorded offer or redemption price, and no distributions announced.

Feroze1888 Mills Ltd. Exhibits Robust Market Performance

Karachi, Feroze1888 Mills Ltd., listed as FML, closed at Rs. 90.00, with a daily weighted average rate of Rs. 89.98. The company’s paid-up capital is Rs. 3,994.09 million. Distributions for 2021 were 34.3%, followed by 6% (revised) and 42.70% in 2022,…

NBP Financial Sector Income Fund Declares Distribution for 2023

Karachi, NBP Financial Sector Income Fund, introduced in 2011, disclosed a distribution of 8.52% and Rs 0.6309 per unit for the fiscal year ending June 2023. The fund’s offer price was 10.89, and the redemption price was 10.77, marking a steady financ…