Day: March 1, 2024

NIT Pakistan Gateway ETF Records Modest Trades

Karachi, The NIT Pakistan Gateway ETF (NITGETF) marked a day of modest trading, closing at 14.86 rupees. The ETF, which had a turnover of 21,500 shares, offered a distribution yield of 9.342%. It traded at its yearly high today, contrasting with its p…

HBL Investment Fund Demonstrates Market Resilience

Karachi, In the realm of closeend mutual funds, HBL Investment Fund, designated as HIFA on the PSE, showcased its market adaptability with a current rate of Rs. 2.80. The fund’s significant activity is highlighted by its daily weighted average rate of…

UBL Pakistan Enterprise ETF Holds Steady

Karachi, The UBL Pakistan Enterprise ETF (UBLPETF) ended the trading session unchanged at 14.91 rupees. With a volume of 44,000 shares, the ETF demonstrated steady interest among investors, maintaining its rate at the year’s high. It declared a 9% to …

Modaraba AlMali Reports Minor Earnings Decrease in Early 2024

Karachi, Modaraba AlMali disclosed a slight decrease in its earnings per share, reporting (0.05) for January and February 2024. The company, with a turnover of 1,642,000, has been part of the Pakistan Stock Exchange since 1987. Modaraba AlMali, which …

HBL Total Treasury ETF Shows Solid Performance

Karachi, The HBL Total Treasury ETF (HBLTETF) showcased a solid performance today, trading at 114.60 rupees. The ETF, which primarily invests in treasury instruments, saw a notable turnover of 2,611,900 shares. Its trading price slightly exceeded its …

Cyan Limited Reports Negative Earnings Amid Market Fluctuations

Karachi, Cyan Limited (CYAN) faced a challenging financial period, reporting negative earnings with an EPS of (Rs 7.13) for the year ending December 2023. The investment firm, with a paidup capital of Rs 615.59 million, experienced stock price volatil…

LSE Ventures Limited Announces Trading Figures

Lahore, LSE Ventures Limited (LSEVL) disclosed its trading data, presenting a closing price of Rs. 4.57 against a paidup capital of Rs. 1,795.98 million. The stock saw a high of Rs. 4.99 and a low of Rs. 3.86 with a significant turnover of 3,122,500 s…

Habib Bank Reports Robust Dividend and Earnings Growth

Karachi, Habib Bank Ltd. (HBL), a leading commercial bank, declared a 67.50% dividend for its shareholders, reflecting its solid financial stature for the year ending December 2023. The bank posted an impressive EPS of Rs. 21.04 for early 2024 and rec…

Cable and Electrical Goods Sector Shows Steady Market Performance

Karachi, The Cable and Electrical Goods sector’s performance, as reported on March 1, 2024, by the Pakistan Stock Exchange, included a market capitalization of Rs. 36,552,557,889 and a turnover of 2,211,905. The sector’s traded value stood at Rs. 42,5…