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January 16, 2021

News Ticker

[ October 5, 2020 ] Political Uncertainty Snatches 998 Points from 100 Index Stock
[ September 10, 2020 ] Pakistani-American Shahid Khan Features in Forbes Richest List Pakistan
[ July 29, 2020 ] UAE Central Bank Continues AML Examination of HBL Pakistan
[ July 29, 2020 ] FFBL to Increase Authorize Share Capital By PKR 4 Billion Stock
[ July 27, 2020 ] Fauji Fertilizer Announces Interim Dividend of PKR 2.75/Share, Stock

Political Uncertainty Snatches 998 Points from 100 Index

October 5, 2020

News Desk: Pakistan Stock Exchange witnessed heavy selling on Monday due to political uncertainty and profit taking. Index was above 40,000 points at the beginning of the day. However, within an hour profit taking emerged […]

UAE Central Bank Continues AML Examination of HBL

July 29, 2020

Karachi (Business Reporter): The Central Bank of United Arab Emirates (CBUAE) continued inspection of Habib Bank Limited under the Anti Money Laundering laws to assess quantum of irregularities. HBL management did not share any details […]

FFBL to Increase Authorize Share Capital By PKR 4 Billion

July 29, 2020

Karachi (Business Reporter): Fauji Fertilizer Bin Qasim Limited (FFBL) announced to increase authorized share capital by PKR 4 billion. “The Board of Directors held its meeting and recommended increase in the authorize share capital of […]

Fauji Fertilizer Announces Interim Dividend of PKR 2.75/Share,

July 27, 2020

Karachi (Business Reporter): Fauji Fertilizer on Monday announced interim dividend of PKR 2.75 per share or 27.5 percent for the half year ending on June 30,2020. “This is in addition to interim dividend already paid […]

Dispute Between HUMNL and Kingsway Fund on Share Registrar, EOGM on August 22

July 24, 2020

Karachi (Business Reporter): Hum Network Limited (HUMNL) and it’s share holder Kingsway Fund will try to resolve a dispute on the appointment of share registrar in the coming Extra Ordinary General Meeting. Dispute Hum Network’s […]

Hascol Jumps From the Top, LPS 129.94, CFO Changed

July 17, 2020

Karachi (Business Reporter): Dooms day for the Hascol Petroleum share holders today, as Hascol reported Loss Per Share of PKR 129.94. Investors started heavy selling just after the financial announcement. Price fluctuated sharply from 5 […]

MOL Announces Gas Discovery in the Tal Block

July 14, 2020

Press Release: MOL Plc., as the operator of TAL Block in Pakistan, has made a new gas and condensate discovery. According to estimates, Mamikhel South-1 exploratory well will produce 16.12 MMscf/d and 3,240 bpd. “This […]

Court Approves Merger of Nishat Chunian, NC Electric But…

July 10, 2020

Karachi (Business Reporter): Lahore High Court approved merger of Nishat Chunian Limited (NCL)and Nishat Chunian Electric Company (NCECL). However, LHC did not incorporate merger date and authorized share capital in the decision. “The management has […]

Independent Director of PSX Resigns

July 8, 2020

Press Release: Pakistan Stock Exchange announced today that its director Ms Naz Khan resigned. PSX management did not mention reason of her resignation. “Ms Naz Khan has resigned as an Independent Director on the board […]

First IPO of 2020 Over Subscribed

July 7, 2020

Karachi: First IPO in 2020 attracted large number investors as IPO of The Organic Meat Company Limited oversubscribed by 1.7times. “Response to TOMC IPO is a manifestation that investors are desperately looking for new investment […]