Wednesday 28 August 2024

Brent crude oil futures declined by 2.3%, closing at $79.5 per barrel on Tuesday. This marked a reversal after a significant increase of over 7% during the preceding three trading sessions. The decline was attributed to easing tensions in the Middle East and worries about a possible closure of Libyan oil fields subsiding.

AGP Limited (PSX:AGP) reported its Q2 financial results for the period ending June 30, 2024. In this quarter, AGP earned a net income of Rs. 1.4 per share. No dividend was declared. See note.

Packages Limited (PSX:PKGS) for the second quarter -Jun 2024 earned just a profit after tax of Rs 29.6 million compared to Rs 114.2 million in the same quarter last year. No dividend was declared. Packages is a closely held company with low liquidity. See announcement

Fatima Fertilizer Co. Ltd., (PSX:FATIMA) announced its Q2 financial results for the period ending June 30, 2024. In the latest quarter (Q2 June 2024), FATIMA earned a net income of Rs. 2.4 per share and declared a cash dividend of Rs. 2.75 per share. See Note

Pakistan State Oil Co Ltd (PSX:PSO) announced a cash dividend of Rs 10 per share for the year ending June 2024. However, the net income in the Q4 was primarily due to a tax write-back; otherwise, the company would have ...See note

Fauji Cement Company Limited (PSX:FCCL) announced its annual financial results for the year ending June 30, 2024. In the latest quarter (Q4 June 2024), FCCL earned a net income of Rs. 0.5 per share and declared a cash dividend of Rs. 1 per share. See Note