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Faysal Asset Allocation Fund Marks Steady Performance

March 28, 2024 Business & Finance News

Karachi, The Faysal Asset Allocation Fund, launched in 2007, reported an offer price of Rs. 92.31 and a redemption price of Rs. 89.28 for the fiscal year ending in June. With a distribution rate of 3.50%, the fund underscores its strategy to balance r...

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UBL Cash Fund and UBL Dedicated Equity Fund Maintain Market Presence

March 28, 2024 Business & Finance News

Karachi, The UBL Cash Fund and UBL Dedicated Equity Fund, both operational since 2019, have sustained their market positions with an offer and redemption price of Rs 108.04 and Rs 90.12, respectively. These funds represent UBL's diversified approach t...

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First Treet Mfg Modaraba Faces Earnings Challenge

March 28, 2024 Business & Finance News

Karachi, First Treet Manufacturing Modaraba (FTMM), trading at Rs. 5.27, reported a slight decrease in earnings, with a negative EPS of 0.15 for JanuaryFebruary 2024. Despite a significant trading volume of 11,936,500 shares and a paidup capital of Rs...

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NIT – Asset Allocation Fund Posts Financial Figures

March 28, 2024 Business & Finance News

Karachi, The NIT - Asset Allocation Fund reported an offer price of 12.05 and a redemption price of 11.76 for June 2022, with no distributions noted for this period. Launched in 2020, this fund aims to optimize asset allocation to maximize returns. ...

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Leiner Pak Gelatine Ltd. Holds Steady in Market Without Dividend Issuance

March 28, 2024 Business & Finance News

Karachi, Leiner Pak Gelatine Ltd. (LPGL), a company operating in the chemicals sector, has held its ground in the Pakistan Stock Exchange without declaring any dividends for the year 2024. The company experienced trading with its stock peaking at Rs. ...

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HBL Investment Fund Posts Distribution, Active on the Market

March 28, 2024 Business & Finance News

Karachi, HBL Investment Fund, symbolized as HIFA, reported a 4% distribution for its June year end. The fund's today's rate was noted at Rs. 2.96, while the daily weighted average rate was Rs. 2.98. Holding a paidup capital of Rs. 2,841.25 million and...

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IGI Holdings Limited Announces 40% Final Dividend

March 28, 2024 Board Meetings

Karachi, IGI Holdings Limited is set to distribute a 40% final dividend to its shareholders. The company’s transfer books will close from April 23, 2024, to April 29, 2024, with the effective dividend date on April 19, 2024. An Annual General Meeting ...

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Asianet Pakistan

Asia Net Pakistan is a website that provides press release distribution and publishes news online across various sectors including business, politics, sports, and entertainment. The primary goal is to keep readers informed about happenings that can impact their lives. The website publishes news and highlights issues, urging concerned authorities to address them.

  • Met Office Predicts Hot and Dry Spell Across the Country

    2 days ago
  • DPM Expresses Grief Over Shooting Incident in Washington

    2 days ago
  • Pakistan-China Ties Remain Cornerstone of Foreign Policy, Says President Zardari

    2 days ago
  • CM Sindh Visits Red Line BRT Project in Karachi

    2 days ago
  • President Asif Ali Zardari Arrives in Changsha for Strategic Visit to China

    2 days ago

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