Day: July 5, 2024

Alfalah Consumer Index ETF Begins Portfolio Rebalancing

Karachi: The Alfalah Consumer Index ETF (ACIETF) has commenced the reallocation of its portfolio following a recent rebalancing of the underlying index on June 28, 2024.

This adjustment is in line with Section 96 of the Securities Act, 2015, Clause …

Alfalah Consumer Index ETF Begins Portfolio Rebalancing

Karachi: The Alfalah Consumer Index ETF (ACIETF) has commenced the reallocation of its portfolio following a recent rebalancing of the underlying index on June 28, 2024.

This adjustment is in line with Section 96 of the Securities Act, 2015, Clause …

Bank of Khyber Schedules Key Board Meeting in Islamabad

Islamabad: The Bank of Khyber has announced a board meeting to be held on July 12, 2024, at its headquarters in Islamabad. The gathering is set to discuss critical agenda items that fall under the board’s oversight, reflecting pivotal governance activ…

UDL International Completes Share Swap with First UDL Modaraba

Karachi: UDL International Limited (UDLI) has successfully completed the merger with First UDL Modaraba (FUDLM), crediting shares to the certificate holders as per the previously announced swap ratio of 1:1, effective from July 4, 2024. According to i…

Executive at Habib Bank Conducts Major Share Sale

Karachi: A substantial stock transaction by a top executive at Habib Bank Limited has been disclosed to the public.

Syed Yawar Ali, a General Manager at Habib Bank Limited, sold 10,250 shares on July 4, 2024. The shares were sold at a rate of Rs. 13…

K-Electric Limited Board Meeting Focuses on Non-Financial Matters

Karachi: The Board of Directors of K-Electric Limited convened on July 5, 2024, to discuss strategic matters beyond the company’s financial results. According to information available from the Pakistan Stock Exchange (PSX), this meeting followed an ea…

Substantial Shareholder Buys into First Elite Capital Modaraba

Karachi: A significant share purchase by a substantial shareholder in First Elite Capital Modaraba has been officially recorded and disclosed.

Nauman Rathore, categorized as a substantial shareholder, acquired 9,500 shares of First Elite Capital Mod…

Alhamra Daily Dividend Fund Announces New Payout

Karachi: MCB Investment Management Limited has declared a fresh dividend payout for the Alhamra Daily Dividend Fund (ALHDDF) as of September 7, 2024.

The Chief Executive Officer of MCB Investment Management Limited, on behalf of the Board of Directo…

Habib Bank Executive Completes Multiple Share Sales

Karachi: A series of share transactions by a senior executive at Habib Bank Limited were executed over two consecutive days.

Mr. Zeeshan A Malik, General Manager at Habib Bank, sold a total of 1,000 shares in separate transactions. On July 4, 2024, …

Waves Corporation Executive’s Stock Transactions Reported

Karachi: Waves Corporation Limited has announced a series of significant transactions involving its shares by Haroon Ahmad Khan, an Executive Director of the company. According to information available from the Pakistan Stock Exchange (PSX), the trans…