Karachi: Faysal Financial Sector Opportunity Fund (FFSOF) achieved a notable financial performance for the fiscal year ending June 30, 2024, amidst a dynamic economic landscape. The fund, listed on the PSX and categorized as an open-end income scheme,…
Karachi: The Pakistan General Insurance Company Limited has officially resumed its commercial activities and business operations, aligning with the mandates set forth in its Memorandum of Association. According to a recent announcement, the auditor of…
Karachi: In a year marked by robust growth, Meezan Islamic Fund (MIF), managed by Al Meezan Investment Management Limited, has delivered a remarkable return of 73.00% to its investors for the fiscal year ending June 30, 2024. The fund’s strategic inve…
Karachi: The Meezan Pakistan Exchange Traded Fund (MP-ETF), managed by Al Meezan Investment Management Limited, posted a positive return of 85.78% for the fiscal year ended June 30, 2024, compared to a negative return of 1.32% in the previous year. Ac…
Karachi: AKD Hospitality Limited, previously known as AKD Capital Limited, has scheduled a board meeting for October 7, 2024, to review the company’s annual accounts for the fiscal year ending June 30, 2024. The meeting will take place at 11:30 AM in …
Karachi: The Meezan Strategic Allocation Fund-III (MSAF-III) achieved significant growth during the fiscal year ending June 30, 2024, reporting a total return of 34.49%. The fund’s performance exceeded its benchmark of 30.56%, driven by gains in Shari…
Karachi: Apna Microfinance Bank Limited has announced a significant board meeting to be held today in Lahore, focused on appointing new top executives. The scheduled gathering at 12:30 aims to confirm the appointments for the roles of President and Ch…
Karachi: Janana De Malucho Textile Mills Limited has reported the departure of Mrs. Zenab Adnan Aurangzeb from her role as a director of the company, effective from September 23, 2024. Mrs. Aurangzeb’s resignation follows her failure to attend three c…
Karachi: The Lakson Equity Fund (LEF), managed by Lakson Investments Limited, has reported a significant increase in its assets for the financial year ending June 30, 2024, despite its performance trailing behind market benchmarks. According to the fu…
Karachi: EFU Life Assurance Ltd has announced a significant share acquisition by EFU General Insurance Ltd, a related entity, according to a recent disclosure under Pakistan Stock Exchange Regulation 5.6.4. This transaction marks a notable adjustment …
Karachi: The market performance of 786 Investments Limited has shown a notable increase. The financial statements released for June 2024 indicate a substantial rise in the company’s net assets, marked by a value increase to PKR 354.00 million from PKR…
Karachi: A scheduled meeting of the Board of Directors of Escorts Investment Bank Limited is set to occur on October 07, 2024, via video conference. The agenda for this meeting includes the confirmation of the minutes from the last board meeting, appr…
