Shaheen Insurance Company Experiences Significant Price Increase on Pakistan Stock Exchange
Shaheen Insurance Company (Symbol: SHNI) experienced a significant price increase on the Pakistan Stock Exchange (PSX) on July 14, 2025, with the closing rate recorded at Rs. 11.07, showing a notable increase from previous values. The daily weighted average rate for Shaheen Insurance stood at Rs. 10.84. The company's financial year ends in December, with distributions recorded at 2.5% for 2022, 7.5% bonus for 2023, and 25% for 2024. The company's par value is Rs. 10, with a market lot size of 1.
Key Takeaways:
- The shares of Shaheen Insurance Company experienced a significant price increase on July 14, 2025, with a closing rate of Rs. 11.07 and a daily weighted average rate of Rs. 10.84.
- The company has a paid-up capital of Rs. 806.25 million and is listed on the main board under the insurance category.
- The financial year for Shaheen Insurance ends in December, with distributions recorded at 2.5% for 2022, 7.5% bonus for 2023, and 25% for 2024.
- The company's par value is Rs. 10, with a market lot size of 1.
- The earnings per share (EPS) for the fiscal years 2022 and 2023 were Rs. 25%.
- The company's shares reached a high rate of Rs. 7.07 and a low of Rs. 3.5 in the first half of 2024, with a total turnover of 160,845 shares.
- The movement in Shaheen Insurance's stock price reflects investor interest and market dynamics, contributing to the overall trading volume observed on the PSX.
Statistics:
- Closing rate on July 14, 2025: Rs. 11.07
- Daily weighted average rate: Rs. 10.84
- Paid-up capital: Rs. 806.25 million
- Earnings per share (EPS) for fiscal years 2022 and 2023: Rs. 25%
- Par value: Rs. 10
- Market lot size: 1 share
- Total turnover in the first half of 2024: 160,845 shares
- High rate in the first half of 2024: Rs. 7.07
- Low rate in the first half of 2024: Rs. 3.5
- Distribution for 2022: 2.5%
- Distribution for 2023: 7.5% bonus
- Distribution for 2024: 25%
Sources:
- Pakistan Stock Exchange (PSX)
- Shaheen Insurance Company