Elite Capital Modaraba Faces Downturn with Negative Earnings

Karachi, Elite Capital Modaraba 1st (FECM) experienced a challenging year, reporting an earnings per share (EPS) of -Rs. 0.62 for the year ending in June 2023. Despite a high share price of Rs. 6.25, the turnover reached 253,500 shares. With a signifi…

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Sindh Modaraba Reports January 2024 Financial Outcomes

Karachi, Sindh Modaraba (SINDM) has reported its financial outcomes for January 2024, recording a closing rate of Rs. 9.10. Listed in 2015, the company presented a daily weighted average rate of Rs. 450.00 and an EPS information was not available (N/A…

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Metropolitan Steel Corporation Reports Loss, Low Trading Volume

Karachi, Metropolitan Steel Corp. (MSCL) disclosed a loss with an EPS of -Rs 0.42 for the year ending June 2023. The company did not announce any dividends, and the trading activity was minimal, with 21,500 shares traded. The stock’s price varied betw…

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Premier Sugar Mills Reports No Dividend for Fiscal Year

Karachi, Premier Sugar Mills & Distillery Co. Ltd. (PMRS) announced no dividend for this fiscal year, consistent with the previous year’s distribution. The share price stands at Rs. 450.00, with a daily weighted average of Rs. 37.50. The company h…

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JS Momentum Factor ETF Marks Steady Performance in Equity Market

Karachi, In the realm of equity exchange-traded funds, the JS Momentum Factor ETF (JSMFETF) has recorded a consistent performance with a daily weighted average rate of 13.20 rupees for January 2024. Holding a fund size of 55.683 million rupees, it sho…

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Caretaker PM reiterates support to foreign investors

Caretaker Prime Minister Anwaar-ul-Haq Kakar has expressed commitment to extend all possible support to investors to facilitate more Foreign Direct investment.

He was addressing the signing ceremony of a joint venture agreement between Pakistan Miner…