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UBL Government Securities Fund Offers Attractive Returns

February 16, 2024 Uncategorized

Karachi, The UBL Government Securities Fund, with a history dating back to 2011, has provided its financial update for June, showcasing offer and redemption prices at 116.14 and 114.84 respectively. The fund reported annual distributions of 4.95% for ...

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NBP Sarmaya Izafa Fund Reports 22.15% Distribution for June

February 16, 2024 Uncategorized

Karachi, The NBP Sarmaya Izafa Fund, with a focus on capital appreciation, announced a distribution rate of 22.15% for June 2024. The fund, operational since 2010, had an offer price of 22.57 and a redemption price of 21.83, underscoring its strong pe...

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Jahangir Siddiqui & Co Announces 15% Preference Right Share Issue

February 16, 2024 Uncategorized

Karachi, Jahangir Siddiqui & Co has disclosed to the Pakistan Stock Exchange its decision to issue preference right shares at a rate of 15%. This financial maneuver is designed to provide existing shareholders with the preferential option to purch...

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Asim Textile Mills Ltd Faces Challenges with Negative EPS

February 16, 2024 Uncategorized

Karachi, Asim Textile Mills Ltd (ASTM) experienced a slight dip in its trading rate today, closing at Rs. 6.81, marginally lower than its daily weighted average rate of Rs. 6.80. The company's paid-up capital is Rs. 151.77 million. In a challenging fi...

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NIT – Income Fund Delivers Competitive Returns for June

February 16, 2024 Uncategorized

Karachi, With a focus on providing steady income, the NIT - Income Fund declared distributions of Rs 0.55 per unit for capital and Rs 0.5746 per unit for income in June 2024. Since 2010, the fund, offering an offer price of 11.1 and a redemption price...

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East West Insurance Co. Posts Positive Earnings Amid Robust Growth

February 16, 2024 Uncategorized

Karachi, East West Insurance Co. (EWIC), a renowned player in Pakistan's insurance sector, announced a striking growth in its earnings. The company's stock closed at Rs. 52.75, with a paid-up capital of Rs. 1,758.91 million. The year 2022 ended with a...

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NBP Mahana Amdani Fund Announces Monthly Distribution

February 16, 2024 Uncategorized

Karachi, The NBP Mahana Amdani Fund has declared a monthly distribution of Rs 0.5519 per unit for June 2024, alongside a yield of 7.97%. Since its inception in 2009, the fund has aimed at providing a regular income to its investors, with an offer pric...

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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 Weather to Persist Across Most Parts of Country: PMD

    3 days ago
  • Pakistan Keen to Further Strengthen Cooperation with US: PM

    3 days ago
  • MoRA Urges Pilgrims to Renew Passports Early for Hajj 2027

    3 days ago
  • Pakistan and Jordan Leadership Voice Concerns Over Escalating Palestine Tensions

    3 days ago
  • Pakistan Customs Successfully Thwarts Smuggling Attempts in GB

    3 days ago

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