Day: March 1, 2024

Modarabas Sector Experiences Growth on Pakistan Stock Exchange

Karachi, The Modarabas sector showed upward movement in the Pakistan Stock Exchange, with an increase of 42.88 points in its index, a growth rate of 0.186%, indicating investor interest in this financial sector. The total market capitalization was rep…

Metropolitan Steel Corp. Faces Downturn in Earnings

Karachi, Metropolitan Steel Corp. (MSCL), an established name in the steel industry since 1960, reported a decrease in its earnings, with an EPS of 0.42 for the year ending June 2023. The company’s stock experienced limited trading, reaching a high of…

Pharmaceutical Sector Faces Decline in Pakistan Stock Exchange

Karachi, The Pharmaceutical sector experienced a downturn in the Pakistan Stock Exchange, with a decrease in the sector’s index by 212.63 points, a decline of 2.241%. The market capitalization was reported at Rs. 208,670,766,657, accounting for 2.329%…

Hoechst Pakistan Ltd. Reports No Dividend with Minimal Turnover

Karachi, Hoechst Pakistan Ltd. announced no dividend for its investors despite an EPS of Rs. 17.29. The stock reached a high of Rs. 1422 and a low of Rs. 1200, ending the period at a rate of Rs. 96.45. The market saw a minimal turnover of 14,380 share…

Refinery Sector Achieves Strong Gains in Pakistan Stock Exchange

Karachi, The Refinery sector of the Pakistan Stock Exchange saw impressive gains, with an increase in the sector’s index by 195.33 points, an uplift of 1.055%. The sector’s market capitalization reached Rs. 98,251,189,166, contributing to 1.055% of th…