Day: April 16, 2024

Pak Elektron Ltd Reports Substantial Turnover but No Dividend

Karachi, Pak Elektron Ltd. (PAEL) noted no dividend in its latest financial announcement. The company’s shares traded at Rs. 22.56, reaching a daily average of Rs. 22.93, with a substantial turnover of Rs. 8,560.12 million. Despite the high trading vo…

Pakistan Cables Reports Significant Dividend Payout

Karachi, Pakistan Cables Ltd. (PCAL), a longstanding entity in the cable sector since 1955, declared a 20% bonus dividend after posting a daily weighted average rate of Rs. 129.55. The stock, which peaked at Rs. 120 annually, has a paid-up capital of …

Siemens Pakistan Engineering Announces Robust Dividend

Karachi, Siemens (Pakistan) Engineering Co. Ltd. (SIEM) declared a 460% dividend, marking a significant announcement in the electrical engineering sector. Trading closed at Rs. 571.05 with a daily average slightly higher at Rs. 571.41. The company, li…

Askari Life Assurance Announces Corrections to AGM Notice Details

Karachi, Askari Life Assurance Co. Limited has issued a corrigendum related to its previously published notice regarding the 31st Annual General Meeting (AGM), initially announced on April 3, 2024. This correction informs TRE Certificate holders and t…