Karachi: Meezan Cash Fund (MCF), a leading open-end cash fund focusing on Shariah-compliant money market and Islamic bonds, has significantly outperformed its benchmarks in the fiscal year ended June 30, 2024, achieving a net return of 21.22%, nearly …
Karachi: Meezan Pakistan Exchange Traded Fund (MZNP-ETF), managed by Al Meezan Investment Management Limited, announced a remarkable performance for the fiscal year ended June 30, 2024, with a net asset value (NAV) surge of 85.78% year-on-year. Accord…
Lahore: In a pivotal corporate development on September 30, 2024, Saritow Spinning Mills Limited (SSML) and Kohinoor Power Company Limited (KPCL) announced the termination of their planned merger, a decision driven by an in-depth review of economic fa…
Karachi: Lakson Funds, one of the prominent investment management firms in Pakistan, has reported a notable performance for the latest quarter. The firm has seen an increase in both asset under management and overall profitability, reflecting a broade…
Karachi: Century Paper and Board Mills Limited has announced that its 41st Annual General Meeting (AGM) will be held on October 28, 2024, at the Pakistan Stock Exchange auditorium in Karachi. The meeting, scheduled for 3:00 p.m., will include electron…
Karachi: Pakistan Cables Limited announced resolutions passed during its Annual General Meeting, held on September 30, 2024. The shareholders approved several significant proposals, including the issuance of bonus shares and the sale of a prime land p…
Karachi: Atlas Asset Management Limited (AAML), the management company of various funds including Atlas Money Fund (AMF), Atlas Liquid Fund (ALF), Atlas Stock Market Fund (ASMF), and Atlas Income Fund (AIF), has consistently showcased strong performan…
Lahore: Gulshan Spinning Mills Limited has announced a forthcoming meeting of its Board of Directors. Scheduled for Saturday, 5th October 2024, the meeting will take place at 3:00 PM on the 2nd floor of Garden Heights, located in the 8-Aibak Block of …
Karachi: Meezan Islamic Income Fund (MIIF), an open-end mutual fund under the Income Fund category, has significantly outperformed its benchmark with a robust 20.94% return for the fiscal year ended June 30, 2024, compared to the benchmark’s 10.10%. T…
Karachi: Husein Industries Limited has reported significant reductions in its financial metrics for the fiscal year 2023, according to data presented in the company’s latest earnings report. The company saw a sharp decline in revenue and net profit co…
Karachi: In a significant corporate development on September 30, 2024, Kohinoor Power Company Limited (KPCL) and Saritow Spinning Mills Limited (SSML) announced the cancellation of their previously approved merger plan. This strategic retraction was d…
Lahore: The Board of Directors of S.S. Oil Mills Limited will convene on October 5, 2024, at 11:00 AM in Lahore to deliberate on the Annual Accounts for the fiscal year ending on June 30, 2024, and discuss potential entitlement declarations. According…
