Day: March 1, 2024

NIT – Islamic Income Fund Reports No Distribution for June

Karachi, The NIT – Islamic Income Fund, with both offer and redemption prices at 10.18, reported its June performance. Listed in 2019, the fund focuses on Islamic income opportunities, although no specific distribution was declared for June.

Baba Farid Sugar Mills Reports No Dividend Amid Economic Strains

Karachi, Faced with economic challenges, Baba Farid Sugar Mills Ltd. (BAFS) reported no dividend for the period. The stock’s price ranged from Rs. 60.49 to Rs. 40.6, ending at Rs. 94.5. Despite the lack of dividend, the mills showed a modest turnover …

Mirpurkhas Sugar Mills Announces Dividend Amid NonAvailable EPS

Karachi, Mirpurkhas Sugar Mills Ltd. (MIRKS) declared a 15% bonus dividend for the fiscal year ending September 2022. Despite the lack of available earnings per share data for January to February 2024, the company managed a turnover of 1,360,500 share…

Pak Oman Funds Announce Prices and Distributions

Karachi, Pak Oman Advantage Asset Allocation Fund and Pak Oman Advantage Islamic Income Fund have released their financial figures, with the Asset Allocation Fund offering a price of 45.58 and a redemption price of 44.33, while the Islamic Income Fund…

Tariq Corporation Ltd. Reports No Dividend; Rights Issue at 25%

Karachi, Tariq Corporation Ltd. (TCORP) disclosed its financial outcomes for the fiscal year ending in September 2023, declaring no dividend for the year. However, the company announced a 25% rights issue. Trading at a daily weighted average rate of R…

Pak Oman and Pakistan Capital Market Funds Detail Performance

Karachi, The Pak Oman Daily Dividend Fund, Pak Oman Government Securities Fund, and Pakistan Capital Market Fund have disclosed their financial performance with the Daily Dividend Fund and Government Securities Fund both maintaining offer and redempti…

Pakistan Cash Management and Income Funds Report Earnings

Karachi, The Pakistan Cash Management Fund and Pakistan Income Fund have reported their earnings with the Cash Management Fund offering a price of 51.04 and a redemption price of 50.47, alongside a distribution of Rs 4.07 per unit. The Income Fund rep…