Category: Stock Exchange Announcements

PSX Seeks Explanation from Flying Cement on Share Price Movement

Karachi: In a recent regulatory move, the Pakistan Stock Exchange (PSX) has reached out to Flying Cement Company Limited (FLYNG) requesting clarification regarding the substantial volatility in its share price.

The formal request, issued on Septembe…

Nestle Pakistan Director Makes Multiple Stock Purchases

Karachi: On September 3, 2024, Syed Babar Ali, a Non-Executive Director of Nestle Pakistan Limited, executed multiple transactions to buy shares of the company, according to a recent disclosure required under PSX Regulations.

According to informatio…

Fateh Textile Mills Faces Extended Trading Suspension on PSX

Karachi: The Pakistan Stock Exchange (PSX) has announced a continued suspension of trading in shares of Fateh Textile Mills Limited, effective from September 5, 2024. This decision follows the company’s failure to address several non-compliances with …

SECP Launches Survey to Boost Islamic Capital Market Development

Islamabad: The Securities and Exchange Commission of Pakistan (SECP) has initiated a comprehensive Knowledge, Attitude, and Practices (KAP) study aimed at enhancing the Islamic Capital Market. Announced on September 4, 2024, this survey seeks to asses…

ABL Funds Announces Interim Cash Dividend Crediting

Karachi: ABL Funds has successfully credited the interim cash dividend for the year ending September 2, 2024, into the shareholders’ designated bank accounts today. The dividend rate was set at Rs. 0.0050 per share, equivalent to 0.05%.

The company …

Director at S.G. Power Limited Sells Shares

Karachi: A director at S.G. Power Limited, Mr. Sohail Ahmed, has sold 2,000 shares of the company, according to a recent disclosure. The transaction took place on September 2, 2024, and will be reviewed in the upcoming board meeting as stipulated by P…

ABL Funds Announces Interim Cash Dividend Crediting

Karachi: ABL Funds has successfully credited the interim cash dividend for the year ending September 2, 2024, into the shareholders’ designated bank accounts today. The dividend rate was set at Rs. 0.0050 per share, equivalent to 0.05%.

The company …