Category: Stock Exchange Announcements

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…

Habib Bank Limited Executive Sells Shares as Per PSX Regulations

Karachi: In a recent disclosure under Pakistan Stock Exchange Regulation 5.6.4, Habib Bank Limited has reported a significant transaction involving its executive. According to the information provided, Mr. Nouman Sadiq Qureshi, serving as a General Ma…

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…

Merit Packaging Limited Independent Director Sells Shares

Karachi: Merit Packaging Limited has disclosed that Mr. Ahmed Munaf, an independent director, has executed share transactions, according to a company notice released under Pakistan Stock Exchange (PSX) Regulation 5.6.4.

The transactions, conducted o…

East West Insurance Co. Announces Dispatch of Rights Offer Letters

Karachi: East West Insurance Co., Ltd has announced the dispatch of intimation letters regarding the credit of unpaid rights into the Central Depository System (CDS), as well as the distribution of physical letter of rights to shareholders. The compan…

Bank of Punjab Announces Book Closure for BOPTFC2 Profit Payment

Lahore: The Bank of Punjab has announced the book closure dates for its BOP ADT-1 TFC-2022 (Perpetual) “BOPTFC2” term finance certificate, with the profit payment scheduled for December 20, 2024. The transfer books will be closed from December 17 to D…