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Pakistan Capital Market Fund Distributes Rs 1.85 per Unit

February 7, 2024 Uncategorized

Karachi, The Pakistan Capital Market Fund, established in 2004, reported an offer price of Rs. 14.04 and a redemption price of Rs. 13.73 for June 2024, alongside a distribution of Rs. 1.85 per unit. This fund seeks to maximize capital growth by invest...

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NBP Riba Free Savings Fund Offers Attractive Returns

February 7, 2024 Uncategorized

Karachi, The NBP Riba Free Savings Fund announced a 5.77% distribution for 2022, along with a specific per unit return of Rs 0.5334. With an offer price of 11.7 and a redemption price of 11.57 as of June, the fund, listed in 2010, aims to provide Shar...

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Hub Power Company Ltd. Announces Record Dividends

February 7, 2024 Uncategorized

Karachi, Hub Power Company Ltd. (HUBC) declared a 65% dividend, further enhanced by an extraordinary 300% final dividend and a 50% interim dividend, reflecting its exceptional financial health. The company, closing at Rs. 117.43 with a daily weighted ...

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Pakistan Petroleum (Preference Shares) Maintains Status

February 7, 2024 Uncategorized

Karachi, Pakistan Petroleum (Preference) (PPLPS) maintains its status in the market, with no trading reported. The company, focusing on preference shareholders with specific dividends of 20% and 25%, underscores its strategic approach to shareholder v...

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Reliance Weaving Mills Announces Dividend Amid Solid Performance

February 7, 2024 Uncategorized

Karachi, Reliance Weaving Mills (REWM) declared a 40% dividend, showcasing its solid financial performance. Closing at Rs. 75.20, the company, with a paid-up capital of Rs. 308.11 million and listed since 1992, recorded a turnover of 95,500 shares. It...

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Pak Oman Islamic Asset Allocation Fund Marks Modest Returns

February 7, 2024 Uncategorized

Karachi, The Pak Oman Islamic Asset Allocation Fund, with an offer price of Rs. 43.83 and a redemption price of Rs. 42.62 as of June 2024, announced a 2.30% distribution rate. Since its inception in 2009, the fund has been committed to providing Shari...

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NBP Mustahkam Fund Series Focus on Fixed Income Strategies

February 7, 2024 Uncategorized

Karachi, The NBP Mustahkam Fund, along with its Fixed Term Munafa Plans, launched from 2022 to 2024, is designed to offer investors stable income through fixed income strategies. While specific distributions for June 2024 were not disclosed, these pla...

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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.

  • IIOJK: Crackdown Intensified in Rajouri, Poonch Districts

    4 days ago
  • Int’l Conference on Emerging Technologies, Future Warfare Concludes in Karachi

    4 days ago
  • Junaid Chaudhry Announces Establishment of Fisheries, Aquaculture Centre in Karachi

    4 days ago
  • PM Directs Authorities to Ensure Preparedness for Monsoon

    4 days ago
  • President, PM Commend Security Forces for Successful Operation in Khyber

    4 days ago

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