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Askari Asset Allocation Fund Reports Varied Performance

February 2, 2024 Uncategorized

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, ...

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IBL Modaraba Experiences Increase in Stock Price

February 2, 2024 Uncategorized

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.

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NBP Mahana Amdani Fund Delivers 7.97% Distribution

February 2, 2024 Uncategorized

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...

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Meezan Islamic Fund Continues to Focus on Shariah-Compliant Equities in 2023

February 2, 2024 Uncategorized

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...

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Oil & Gas Development Co. Ltd. Reports Slight Decline in Stock Value

February 2, 2024 Uncategorized

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...

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Mughal Iron & Steel Industries Limited Issues Five-Year Sukuk

February 2, 2024 Uncategorized

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...

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Siddiqsons Tin Plate Ltd Records Minimal Change in Share Price

February 2, 2024 Uncategorized

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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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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