Day: April 22, 2024

BankIslami Pakistan Ltd. Releases First Quarter Earnings

Karachi, BankIslami Pakistan Ltd. (BIPL) announced its quarterly earnings with an EPS of Rs. 4.00. The bank’s shares were traded at Rs. 25.10, peaking at Rs. 27.12, with a turnover of 117,752,120 shares. Dividend distributions for the year amounted to…

JS Bank Limited Posts Modest Profit

Karachi, JS Bank Ltd. (JSBL) announced a modest EPS of Rs. 0.74 for the January to March 2024 period. The stock price closed at Rs. 9.32 with a turnover of 68,542,500. The bank did not declare any dividend for the period, aligning with its conservativ…

Meezan Bank Ltd. Announces Quarterly Financials

Karachi, Meezan Bank Ltd. (MEBL) today reported an EPS of Rs. 25.15 for the quarter ending March 2024. The stock ended at Rs. 223.49. The bank declared an 85% dividend and a 10% bonus, along with a special interim dividend of 70%. Meezan Bank’s tradin…

ABL Islamic Financial Planning Fund Announces June Prices

Karachi, The ABL Islamic Financial Planning Fund has disclosed its current offer and redemption prices for various sub-funds as of June. The Active Allocation Plan is offered at PKR 103.12 and can be redeemed at PKR 100.78. The Aggressive Allocation P…

Samba Bank Limited Reports Negative Earnings

Karachi, Samba Bank Limited (SBL) recorded a negative EPS of Rs. (0.42) for the first quarter of 2024. The bank’s share price closed at Rs. 10.96, with minimal turnover recorded at 489,000. Samba Bank has announced no dividends as it navigates through…

Silkbank Ltd Struggles with Negative Earnings

Karachi, Silkbank Ltd (SILK) reported a negative EPS of Rs. (0.72) for the first quarter. The closing price was at Rs. 0.95, with the turnover reaching a substantial 151,014,000. No dividends were announced as the bank addresses its financial challeng…

ABL Islamic Stock Fund Reports June Prices

Karachi, The ABL Islamic Stock Fund, launched in 2013, has posted its June offer and redemption prices at PKR 17.78 and PKR 17.37 respectively. The fund has not announced any distributions for this period.

United Bank Ltd. Declares Substantial Dividends

Karachi, United Bank Ltd. (UBL) reported an EPS of Rs. 26.19 and closed at Rs. 202.56. The bank announced an impressive dividend of 220% and a bonus of 440%, with an additional interim dividend of 110%. The bank’s turnover for the quarter was 73,960,9…