February 2024 - Page 20 of 22

Pakistan, UAE sign MoU for outsourcing operations of KPT cargo terminal

Posted February 3, 2024 by Web Desk

Pakistan and the United Arab Emirates have signed a Memorandum of Understanding for outsourcing the operations of bulk and general cargo terminal at East Wharf Karachi Port. Under the MoU, the operations will be outsourced at seven berths of the port. The MoU signed between Karachi Port Trust, Pakistan and…

Pak-UAE relations getting stronger each passing day: PM

Posted February 3, 2024 by Web Desk

The United Arab Emirates' Minister of State for Foreign Trade Dr. Thani bin Ahmed Al Zeyoudi called on Caretaker Prime Minister Anwaar-ul-Haq Kakar in Islamabad on Saturday. The Prime Minister expressed his best wishes for President of United Arab Emirates Sheikh Mohammed bin Zayed Al Nahyan. Speaking on this occasion,…

Death anniversary of Chaudhary Rehmat Ali observed

Posted February 3, 2024 by Web Desk

The 73rd death anniversary of prominent leader of Pakistan Movement Chaudhry Rehmat Ali, who coined the word Pakistan was observed today. Born in Hoshiarpur, he founded Pakistan National Movement in England in 1933. Chaudhry Rehmat Ali is best known as the author of a famous 1933 pamphlet titled "Now or…

MOIB launches ‘Media Helpline-MoIB’ for Election Coverage: Info Minister

Posted February 3, 2024 by Web Desk

The Ministry of Information and Broadcasting has launched a dedicated online platform "Media Helpline-MoIB," exclusively designed for local and international journalists covering the General Elections in the country. In a post on social media platform X, Minister for Information and Broadcasting Murtaza Solangi informed that this innovative platform is accessible…

GMAT™ Focus Edition Stands Alone in Business School Assessment as Previous Version Sunsets

Posted February 2, 2024 by Web Desk

GMAC’s redesigned test continues to win trust from candidates, schools RESTON, Va., Feb. 01, 2024 (GLOBE NEWSWIRE) — After nearly three months of successful delivery of the GMAT Focus Edition, Graduate Management Admission Council (GMAC) today confirmed that it has become the only version of the GMAT exam available to…

Baba Farid Sugar Mills Ltd. Maintains Opening Price at Pakistan Stock Exchange Closing

Posted February 2, 2024 by Web Desk

Karachi, Baba Farid Sugar Mills Ltd. (BAFS) maintained its opening price of PKR 60.49 at the close of trading in the Pakistan Stock Exchange. The stock hit a low of PKR 94.50, with no dividends announced. A total of 1984 shares were traded, closing at the same price as it…

PSX Reports Major Share Acquisition by Danish Elahi

Posted February 2, 2024 by Web Desk

Karachi, In a recent disclosure to the Pakistan Stock Exchange (PSE), Danish Elahi, identified as a substantial shareholder, has significantly increased his stake in a listed company. According to the details provided under the compliance of regulation 5.6.1.(d) of PSX Regulations, Danish Elahi purchased 344,000 shares at a rate of…

AN Textile Mills Ltd Reports No Change; No Dividend Declared

Posted February 2, 2024 by Web Desk

Karachi, AN Textile Mills Ltd (ANTM) maintained its opening price at PKR 9.15, without announcing any dividends. The company saw a trading high of PKR 96.60 and a notable low of PKR (20.26), concluding at a closing price of PKR 9.15 with 500 shares exchanged.

Ittefaq Iron Industries Maintains Steady Pricing; No Dividend Declared

Posted February 2, 2024 by Web Desk

Karachi, Ittefaq Iron Industries (ITTEFAQ) maintained its stock price at PKR 7.21 from an opening of PKR 7.24, without announcing any dividends. The session saw a high of PKR 1,443.43 and a notable low of PKR (0.65), with 500 shares exchanged, concluding at PKR 8.35.

NIT Government ETF Retains Rate; Distributes 9.342% in 2020

Posted February 2, 2024 by Web Desk

Karachi, The NIT Government ETF (NITGETF) held its daily weighted average rate steady at Rs. 15.31, identical to its previous rate. With a fund size of Rs. 55.500 million, NITGETF saw a turnover of 9,000 units. The fund, with a par value of Rs. 500 and a year-end in June,…

Baluchistan Wheels Limited Extends Timeline for Public Announcement of Offer

Posted February 2, 2024 by Web Desk

Karachi, Baluchistan Wheels Limited (BWL) has notified the Pakistan Stock Exchange (PSE) and the Securities and Exchange Commission of Pakistan (SECP) of an extension in the timeline for making the Public Announcement of Offer (PAO). The announcement pertains to the acquisition of up to 8,474,907 (63.56%) Ordinary Shares and Control…

Pakistan Petroleum Limited Closes Slightly Higher

Posted February 2, 2024 by Web Desk

Karachi, Pakistan Petroleum Limited (PPL) concluded the trading day with a minor increase in its stock price, closing at PKR 114.55, up from an opening of PKR 114.34. The stock achieved a high of PKR 137.9 and a low of PKR 27,209.67, with 35.99 shares traded in total. The slight…