Day: February 26, 2024

Automobile Parts and Accessories Sector Witnesses Uplift

Karachi, The Automobile Parts and Accessories sector experienced a positive shift in the Pakistan Stock Exchange as of February 26, 2024, with a market capitalization of PKR 86,562,415,303 and a turnover of 4,192,876. The traded value was recorded at …

First Dawood Investment Bank Records Slight Profit

Karachi, First Dawood Investment Bank Ltd. (FDIBL) declared a slight profit with an EPS of Rs. 0.10 for January 2024. The bank’s shares varied between Rs. 2.5 and Rs. 1.95, engaging in transactions involving 2,614,000 shares. No dividends were declare…

Cable and Electrical Goods Sector Faces Decline

Karachi, The cable and electrical goods sector witnessed a downturn with its index falling by 617.490 points to 15,789.680, a drop reflected in a 0.361% market share. A total of 9,755,278 shares were traded. This sector’s performance marked a notable …

Cement Sector Records Increase in Market Activity

Karachi, The Cement sector of the Pakistan Stock Exchange showed a significant rise with a market capitalization of PKR 595,911,296,677 and a turnover of 12,044,406. The sector’s traded value reached PKR 682,739,575.59, and the current index rose by 2…

East West Insurance Co Announces Dividend and Bonus

Karachi, East West Insurance Co. (EWIC), a notable entity in the insurance sector, declared a 17.5% dividend and a 10% bonus for its shareholders. The company, listed since 1983, has showcased a steady performance with an earnings per share (EPS) of R…

Chemical Sector Marks Slight Growth

Karachi, The Chemical sector observed a modest increase on the Pakistan Stock Exchange as of February 26, 2024, with a market capitalization of PKR 551,124,485,131 and a turnover of 5,407,427. The traded value for the sector was PKR 144,016,320.80, co…

Allawasaya Textile Mills Ltd. Reports Annual Results

Multan, Allawasaya Textile Mills Ltd. NC (AWTX) announced a dividend of 72.5% for its shareholders for the year ending in June 2024. Despite not specifying an EPS, the company’s stock did not register any high or low trading price, closing at Rs 8.00….

Close-End Mutual Fund Sector Experiences Decline

Karachi, The Close-End Mutual Fund sector reported a decrease in the Pakistan Stock Exchange on February 26, 2024, with a minimal market capitalization of PKR 2,827,745,000 and a turnover of 74,000. The traded value was reported at PKR 367,110.00, res…

Commercial Banks Sector Shows Strong Performance

Karachi, The Commercial Banks sector experienced substantial growth in the Pakistan Stock Exchange on February 26, 2024, with a market capitalization of PKR 1,727,328,145,927 and a turnover of 39,684,992. The sector’s traded value was an impressive PK…