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HBL Islamic Equity Fund Sees Significant Distribution

March 26, 2024 Business

Karachi, The HBL Islamic Equity Fund has announced a substantial 27.00% distribution for the year ending in June 2022, as per the latest financial disclosures to the Pakistan Stock Exchange (PSE). However, no distributions were reported for 2023. The ...

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B.F. Modaraba Faces Downward Trend with Negative Earnings

March 26, 2024 Business

Karachi, B.F. Modaraba (BFMOD), a veteran in the Modaraba sector since 1989, revealed a negative earnings per share of Rs (0.80) for the year ending January-February 2024. The company, holding a paid-up capital of Rs 75.15 million, did not announce an...

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Askari Bank Ltd. Elevates Dividend Amid Positive Financial Performance

March 26, 2024 Business

Karachi, Askari Bank Ltd. (AKBL) has announced an increase in its dividend distribution for the year 2024, setting the rate at 25%, an improvement from the 15% bonus distribution reported in 2023. The bank's daily weighted average share price was reco...

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JS Bank Ltd Announces Annual Financial Results with a Focus on Growth

March 26, 2024 Business

Karachi, JS Bank Ltd (JSBL) has published its annual financial statements, indicating a dividend of 17% for the year 2023. The bank’s stock was observed at a rate of Rs. 9.11 in today’s trading session. Since its inception in 2007, JSBL has recorded a...

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Lakson Islamic Tactical Fund Announces Specific Year-End Distribution Amidst Stability

March 26, 2024 Business

Karachi, The Lakson Islamic Tactical Fund, active since 2011, disclosed its financial outcomes with a specific year-end distribution of Rs 6.9799 per unit, despite not planning any future payouts. The fund, with an offer price of 111.69 and a redempti...

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JS Islamic Hybrid Fund of Funds Announces Various Plan Prices for June

March 26, 2024 Business

Karachi, In a recent announcement from the Pakistan Stock Exchange, the JS Islamic Hybrid Fund of Funds disclosed the offer and redemption prices for its various allocation plans and funds as of June. The JS Islamic Hybrid Fund of Funds 3, encompassin...

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JS Bank Limited Schedules Coupon Date for Ten-Year Tier-II TFC

March 26, 2024 Business

Karachi, JS Bank Limited has set the next coupon date for its Tier-II Term Finance Certificate (TFC), JSBLTFC4, as May 29, 2024. This ten-year debt security, with a face value of Rs. 100,000, forms a crucial part of a Rs. 3.5 billion issuances, unders...

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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.

  • Hot, Humid Conditions Persist; Rain Forecasted for Upper Regions

    2 days ago
  • PM Directs Timely Completion of All Daanish Schools

    2 days ago
  • Government Committed to Empowering Youth with Equal Opportunities: PM

    2 days ago
  • PM Office System is Proving Successful: Ahad

    2 days ago
  • President and PM Praise Security Forces for Successful Operations in KP and Balochistan

    2 days ago

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