Day: December 5, 2024

Suspension of Trading for Soneri Bank’s TFC Announced

Karachi: Soneri Bank Limited has announced the suspension of trading for its Term Finance Certificate, identified as SNBLTFC4, to accommodate the upcoming book closure period. This announcement comes as the bank prepares for the fourth profit payment …

Saritow Spinning Mills Limited Placed in PSX Non-Compliant Segment

Karachi: Saritow Spinning Mills Limited (SSML) has been placed in the Defaulters’ Segment, soon to be renamed the Non-Compliant or Winding-up Segment, by the Pakistan Stock Exchange (PSX). This action followed the issuance of an adverse opinion in SSM…

Re-Composition of JS Momentum Factor Index Announced by PSX

Karachi: The Pakistan Stock Exchange (PSX) has announced the re-composition of the JS Momentum Factor Index (JSMFI), effective from December 6, 2024. The restructuring, conducted according to the index rules available on the PSX website, sees six comp…