Out of 562 listed companies, 246 paid dividends to shareholders while 114 did not despite earning profit: KSE report.
Hascol Petroleum secures its trade debt from commercial sales to IPPs and other debt-burdened institutions through.
Shares at the stock market came crashing down, with the KSE-100 index posting a massive loss of 1,023.94 points.
At least four new listings this year show that corporates are looking yet again at the capital market to raise money.
The company is diversifying into other areas as its core fertiliser business suffers from curtailed supply of gas.
SECP decides to take stern action against the directors of ACE Securities (Pvt) Limited for defrauding its clients.
According to market sources, ACE Securities CEO Haroon Iqbal appears to have fled the country with investors’ Rs350mn.
A fund manager who also has public money stuck in two recently suspended firms argues that suspending .
Ansari’s successor would be announced in the “near future”, the company said in a press statement.
PEL is believed to be a major beneficiary of the government’s agenda of alleviating the energy crisis.
Size of mutual funds industry stood at Rs482bn on March 31 down by Rs15bn, or 3pc, from Rs497bn the earlier month.
The govt is all set to sell its 41.5pc or 609.3m residual shares in the bank to local institutional and foreign buyers.
After recent cut in policy rate by 50 basis points, rates that were already on slide further trimmed by 48 to 72bps.
The Pakistani stocks’ mouth-watering returns between 2012-2014 attracted droves of investors to the capital market.
A new article 61 to be added relates to board meetings through tele/videoconferencing.
Engro Fertilisers’ CEO says in order to protect margins against any unforeseen disruption in the gas supply situation,
Representatives of mutual funds should not hold the position of directorship on a company’s board — investment analyst
There is wisdom in the old adage ‘stock market is a barometer of the economy’, though how well the barometer...
As brokers tried to calm down the market, the index recovered a little from the intraday crash of over 1,000 points.
The PTCL — once the sole provider of fixed line services — has paid-up capital of Rs51bn.