Day: February 29, 2024

K-Electric Limited Announced for May 2024 Futures Contracts

Karachi, K-Electric Limited, with the trading symbol KEL-MAY, has been included in the May 2024 futures contracts on the Pakistan Stock Exchange. The trading period is from February 26, 2024, to May 31, 2024, with the settlement due on June 4, 2024. T…

HBL Investment Fund Reflects Activity in January Trading on PSE

Karachi, The HBL Investment Fund (HIFA), another prominent closeend mutual fund, showed activity in the Pakistan Stock Exchange with its closing rate at 2.81 RS. The fund’s daily weighted average rate was slightly higher at 2,841.25 Rs, against a paid…

Sindh Abadgar’s Sugar Mills Remains Stable in Market

Karachi, Sindh Abadgar’s Sugar Mills (SASML) remained stable in Thursday’s trading session, with both the opening and closing prices marked at Rs. 33.78. The shares saw a lower trading range between Rs. 31.51 and Rs. 33.78, with a total of 3,000 share…

NIT Pakistan Gateway ETF Listed for May 2024 Futures Contracts

Karachi, The NIT Pakistan Gateway ETF, trading under the symbol NITGETF-MAY, has been included in the deliverable future contracts for May 2024 on the Pakistan Stock Exchange. The contract period is set from February 26, 2024, to May 31, 2024, with th…

UBL Liquidity Plus Fund Delivers 6.08% Annual Return

Karachi, The UBL Liquidity Plus Fund, introduced in 2009, reported an offer and redemption price of 101.44 as of June, with an annual return of 6.08%. This fund is designed for investors seeking higher liquidity along with competitive returns.

Feroze 1888 Maintains Steady Share Price in Recent Trading Session

Karachi, In the latest trading session on February 29, 2024, Feroze 1888 Mills Limited (FML) saw its shares remain stable, opening and closing at 89. The stock did not witness any fluctuation throughout the day, maintaining a steady price with a low a…

Nishat Power Limited Announces May 2024 Futures Trading

Lahore, Nishat Power Limited, symbolized by NPL-MAY, has been listed for the May 2024 futures contracts on the Pakistan Stock Exchange. The trading period extends from February 26, 2024, to May 31, 2024, with the settlement due on June 4, 2024. This p…

Sindh Modaraba Maintains Steady Position in Stock Market

Karachi, Sindh Modaraba (SINDM) maintained a steady position in the market, with both opening and closing prices at Rs. 9.4. The stock did not see any fluctuation as it remained stable throughout the trading session with a total of 2,500 shares traded…

Dawood Equities Ltd Reports Loss, No Dividend Declared

Karachi, Dawood Equities Ltd (DEL) faced a downturn, evidenced by a negative earnings per share of Rs. (0.88) for January 2024. The company’s trading activity saw a high rate of Rs. 6.6 and a low of Rs. 4.53 with a turnover of 512,000 shares. Despite …