Century Insurance Experiences Significant Market Movement on PSX
On July 28, 2025, the shares of Century Insurance, a designated company under the insurance category on the Pakistan Stock Exchange (PSX), underwent a notable change, closing at Rs. 47.14. The weighted average rate for the day settled at Rs. 47.79, showcasing the company's market performance. Century Insurance, listed in 1989, boasts a paid-up capital of Rs. 553.26 million and has been distributing 45% of its earnings for 2023, increasing to 60% for 2024. The company's earnings per share (EPS) for the fiscal year 2022/2023 was Rs. 38.90, demonstrating its financial strength.
Key Takeaways:
- Century Insurance's shares have experienced a significant increase in value, closing at Rs. 47.14 on July 28, 2025, a notable change from its low of Rs. 20.01 in January-June 2025.
- The company's paid-up capital stands at Rs. 553.26 million, with a par value of Rs. 10 per share and a market lot size of one share.
- Century Insurance has declared earnings distribution of 45% for 2023, increasing to 60% for 2024, indicating a positive financial performance.
- The company's EPS for the fiscal year 2022/2023 stands at Rs. 38.90, showcasing its financial strength.
- The stock's turnover and market activity demonstrate investor interest in the company, with a high rate of Rs. 38.90 and a low of Rs. 20.01 in the given period.
- Century Insurance's previous book closure was on April 22, providing insight into the company's operational timeline.
- The company continues to navigate the fiscal year ending in December, hence the current developments and financial figures offer valuable insights.
Statistics:
- The weighted average rate for the day on July 28, 2025, settled at Rs. 47.79.
- Century Insurance's shares have seen a high rate of Rs. 38.90 and a low of Rs. 20.01 in the period from January to June 2025.
- The company's earnings per share (EPS) for the fiscal year 2022/2023 stands at Rs. 38.90.
- Century Insurance declared an earnings distribution of 45% for 2023, increasing to 60% for 2024.
- The stock's turnover and market activity demonstrate investor interest in the company, which has a paid-up capital of Rs. 553.26 million.
Sources:
- Century Insurance's financial reports and statements from the Pakistan Stock Exchange (PSX)
- Pakistan Stock Exchange (PSX) news and market updates for July 28, 2025