Author: Web Desk

Karachi, Shezan International Ltd., a key player in the food and personal care sector, announced a daily weighted average rate of 111.52. The company declared a 50% distribution in 2022, which was adjusted to 20% in 2023. With a paid-up capital of Rs. 96.63 million, Shezan International has been a constant in the market since 1989, reflecting stable growth with an EPS of 4.01 for 2022/2023. The previous book closure was on October 18.

Karachi, In the trading session of March 20, 2024, on the Pakistan Stock Exchange, Sitara Energy (SEL) saw its stock price remain steady at 11. The shares experienced no variation throughout the day, maintaining the opening price as both the day's low and high. With a total of 500 shares traded, the session concluded with Sitara Energy's stock at a closing price of 10.8, suggesting a stable trading day without fluctuations.

Karachi, Husein Industries, a long-standing participant in the property market since 1953, reported a daily weighted average rate of 106.26. The company did not announce any distributions for 2022 and 2023, reflecting a cautious stance in a fluctuating market environment. Nonetheless, Husein Industries demonstrated solid financial health with an EPS of 35.96 for the fiscal year 2022/2023. The previous book closure was on October 21.

Karachi, Sindh Modaraba (SINDM) displayed no change in its stock price during the trading session on March 20, 2024, on the Pakistan Stock Exchange. The company's shares opened and closed at 9.01, with the trading day witnessing a stable range with both the low and high at 9.01. A modest volume of 500 shares was traded, ending the day with a closing price of 9.75, indicating a consistent market position for Sindh Modaraba.

Karachi, The Alfalah GHP Islamic Value Fund, a prominent open-end mutual fund, has declared a distribution of Rs 0.236 per unit for the year ending in June 2024. The fund, listed in 2018, has been active in offering Islamic financial solutions with an offer price recorded at 106.17. The announcement reflects the fund's commitment to delivering value to its investors while adhering to Islamic financial principles.

Karachi, shares of Sindh Abadgar (SASML) remained unchanged in the day's trading on the Pakistan Stock Exchange, maintaining their position at 32.98. Throughout the session, the stock experienced a low of 30.52, which also served as the day's high, indicating a narrow trading range. A total of 3,000 shares were exchanged, closing at a price of 31.6, reflecting a steady performance without significant movements.

Karachi, The newly listed JS Islamic Premium Fund has introduced its initial offer and redemption prices at 104.71 and 102.39 respectively for the fiscal year ending in June 2024. Having commenced operations this year, the fund has not yet announced any distributions, marking its entry into the financial market.

Karachi, In the latest trading session on the Pakistan Stock Exchange (PSE) dated March 20, 2024, Siemens Pakistan (SIEM) showcased a marginal increase in its closing price, moving from an opening of 582 to a slight rise at 582.01. The trading session saw the stock fluctuating between a low of 580 and a high of 582.01, with a total of 450 shares being traded. The closing price slightly edged above the opening, indicating a stable market position for Siemens Pakistan with a closing value of 596.44.

Karachi, Kohat Cement Co. Ltd., symbolized by KOHC, disclosed a daily weighted average rate of 211.49 without declaring dividends for the past years. Since its 1996 listing, the company's paid-up capital reached 1,958.61 million rupees, with an impressive EPS of 28.98, reflecting its solid stance in the cement industry despite the lack of recent distributions.

Karachi, Siddiqsons Tin (STPL) witnessed a minor increase in its share price during the trading session on March 20, 2024. The company's shares opened at 6.2 and closed at 6.22, with the stock reaching a low of 6 and a high of 6.06. The trading volume was notably high, with 267,500 shares changing hands, closing at 6.11. This slight growth reflects steady investor interest in Siddiqsons Tin.

Karachi, Goodluck Industries Ltd., engaged in the food and personal care products sector, reported an exceptional year with a significant earnings per share of 14.42, despite a challenging market environment. The company declared a 30% dividend for both 2022 and 2023, demonstrating its financial strength and commitment to shareholder value. Listed since 1970, Goodluck Industries Ltd. maintains its competitive edge in the market with a lot size of 50 shares, reflecting its robust performance and strategic vision.

Karachi, Shifa International Hospitals (SHFA) saw an increase in its share price on the Pakistan Stock Exchange. The stock opened at 132.01 and closed at 134.9, with a trading low of 132.01 and a high of 133.13. A total of 2,700 shares were traded, ending the day at a closing price of 132.85. This performance signifies a positive movement in the company's stock value.