Day: April 2, 2024

Artistic Denim Closes Higher Amid Moderate Trading Volume

Karachi, Artistic Denim closed the trading day on Monday at 47.5, up from its opening at 46.82, amidst a trading volume of 4,000 shares on the Pakistan Stock Exchange. The stock reached its high at 47.5, matching its closing price, indicating a steady…

U.D.L. Modaraba Declares Dividend Amid Varied Financials

Karachi, U.D.L. Modaraba 1st. NC has declared a 19% dividend for its shareholders, according to the recent financial disclosures. Despite a varied EPS of 5.31, the company showed a turnover of 1,180,500 shares. With a paid-up capital of Rs. 351.21 mil…

Panther Tyres Ltd. Rewards Shareholders with a 20% Dividend

Karachi, Panther Tyres Ltd., a prominent name in the tyre manufacturing industry, declared a 20% dividend for the year ending March 2024, following a 10% dividend in the previous period. The company, which began trading on the Pakistan Stock Exchange …

OLP Modaraba Records Steady Growth with Dividend Announcement

Karachi, OLP Modaraba, a key entity in the modaraba sector, has announced a 20% dividend for its shareholders, maintaining its payout from the previous year. The company’s share price stood at Rs 12.95, with a daily average of Rs 13.10. For the fiscal…

Aruj Industries Records Steady Performance in Monday’s Market

Karachi, In Monday’s trading session, Aruj Industries maintained a steady performance, with both its opening and closing prices at 7.45. The trading volume for the day was relatively low, with only 1,000 shares changing hands. The stock’s consistency …

Popular Islamic Modaraba Sees Slight Increase in Dividend Payout

Karachi, Popular Islamic Modaraba announced a dividend rate of 4.557% for the year 2024, slightly up from 3.744% in the previous year. The share price was quoted at Rs 11.30, reflecting a stable financial standing. The company, which began operations …

Sindh Modaraba Maintains Strong Dividend Yield

Karachi, Sindh Modaraba, a prominent name in the financial sector, declared a consistent dividend of 12.50% for 2024, following a 12% distribution in the previous year. The company’s share price was recorded at Rs 9.50, with a daily weighted average o…

Asim Textile Sees Notable Gain in Trading Session

Karachi, Asim Textile saw its shares rise to 12.1 from an opening price of 11.5 in Monday’s trading session on the Pakistan Stock Exchange. The company’s shares fluctuated between 11.4 and 12.1 throughout the day, with a total of 10,000 shares traded….

Unicap Modaraba Reports Steady Earnings in the Financial Sector

Karachi, Unicap Modaraba disclosed an earnings per share (EPS) of Rs 1.37 for the January-March 2024 quarter. The company’s share trading was consistent at Rs 2.01, showcasing stable market performance. Since its listing in 1991, Unicap Modaraba has b…