Karachi, The Askari Asset Allocation Fund and its different classes have shown varied performances as of February 1, 2024. The fund itself, listed in 2007, had no listed opening or closing prices. However, Class B units decreased from 48.71 to 47.49, ...
Read More »IBL Modaraba Experiences Increase in Stock Price
Karachi, IBL Modaraba, with the company code FIBLM, opened at PKR 3.10 and closed lower at PKR 2.69. The stock reported a high of PKR 216.88, and a total of 10 shares were traded. This resulted in an increase of PKR 0.46 in the closing stock price.
Read More »NBP Mahana Amdani Fund Delivers 7.97% Distribution
Karachi, Since 2009, the NBP Mahana Amdani Fund delivered a 7.97% distribution for the year, with a redemption price of Rs 11.59 from an offer price of Rs 11.72. The fund also announced a per-unit distribution of Rs 0.5519, emphasizing its focus on pr...
Read More »Meezan Islamic Fund Continues to Focus on Shariah-Compliant Equities in 2023
Karachi, The Meezan Islamic Fund, active since its inception, continues its focus on Shariah-compliant equities, with no distributions reported for the year. This strategy underscores the fund’s commitment to providing investors with ethical investmen...
Read More »Oil & Gas Development Co. Ltd. Reports Slight Decline in Stock Value
Karachi, Oil & Gas Development Co. Ltd. (OGDC) saw a marginal decrease in its stock price, ending the day at PKR 146.31, down from its opening price of PKR 147.60. The company's stock fluctuated to a high of PKR 148.85, with a significant volume o...
Read More »Mughal Iron & Steel Industries Limited Issues Five-Year Sukuk
Karachi, Mughal Iron & Steel Industries Limited has announced its Sukuk, MUGHALSC, with a 5-year tenor, listed on the Pakistan Stock Exchange. The issue size is Rs. 3,000,000,000, with an outstanding principal of Rs. 2,437,500,000. The next coupon...
Read More »Siddiqsons Tin Plate Ltd Records Minimal Change in Share Price
Karachi, Siddiqsons Tin Plate Ltd (STPL), a manufacturing firm, reported a minimal change in its closing share price to 8.45, up from an opening of 6.43. The company's shares traded totaled 2005, indicating a slight increase of 0.01 in its share value...
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