Day: March 1, 2024

Chemical Sector Marks Increment in Index and Market Presence

Karachi, The Chemical sector displayed a market capitalization of Rs. 550,725,810,610 on March 1, 2024, with an index increase of 72.680, resulting in a current index of 25,171.550. With a turnover of 7,422,561 and a traded value of Rs. 164,479,678.77…

Ideal Spinning Mills Ltd. Reports Decline in Earnings

Karachi, Ideal Spinning Mills Ltd. (IDSM) experienced a significant drop in earnings per share (EPS) for the JanuaryFebruary 2024 period, reporting a loss of Rs. 55.85 compared to the previous year. Despite this, the company declared a 20% distributio…

Close-End Mutual Fund Sector Shows Modest Activity

Karachi, The Close-End Mutual Fund sector has shown modest market activity with a market capitalization of Rs. 2,868,925,000. The sector’s turnover was 179,500, with a traded value of Rs. 609,045.000, and the current index stands at 1,954.310, decreas…

Azgard Nine Ltd Reports No Dividend and an EPS of 2.99

Karachi, Azgard Nine Ltd (ANL) reported no dividend for the fiscal year ending June 2023. The company’s EPS for January to February 2024 was 2.99. With a substantial paidup capital of Rs. 4,854.10 million, ANL saw a significant trading volume of 17,87…

Glass and Ceramics Sector Marks Historic Increase in Index

Karachi, The Glass and Ceramics sector stood out with an unprecedented rise in its index, which soared to 288,232,506.370, an increase of 1,116,950.550, on March 1, 2024. The market capitalization recorded was Rs. 57,678,206,850 with a turnover of 1,4…