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Karachi, Announcing an offer price of Rs. 12.36 and a redemption price of Rs. 12.23 for June 2024, the NBP Income Opportunity Fund distributed Rs. 0.5704 per unit, resulting in a 6.78% yield. Since 2006, the fund has been focused on income generation ...

Karachi, The 786 Smart Fund has reported an offer price of Rs. 92.11 and a redemption price of Rs. 91.20 as of June. For the year ending 2024, the fund has distributed Rs. 6.0850 per unit to its investors, marking a 9.44% distribution rate. This perfo...

Karachi, U Microfinance Bank Limited has announced June 23, 2024, as the next coupon date for its Term Finance Certificate (TFC), UMBLTFC1. With a 4-year tenor, this TFC had a total issue size of Rs. 3,500,000,000, all of which remains outstanding. Th...

Karachi, Tata Textile Mills Ltd. (TATM) declared a 125% dividend, along with a 50% bonus, underscoring its exceptional performance. Closing at Rs. 76.00, the company, with a paid-up capital of Rs. 559.94 million and listed since 1991, reported a Janua...

Karachi, Bank Islami Pakistan Limited has launched a Sukuk (Tier-I), BIPLSC, with a perpetual tenor and a profit rate of 3-month KIBOR plus 2.75%. The total issue size is Rs. 2,000,000,000, which remains fully outstanding. The next coupon is scheduled...

Karachi, EFU Life Assurance Ltd. (EFUL) set a new high with a 150% dividend, alongside a 45% interim, underscoring its unparalleled financial health. Closing at Rs. 185.00, the company recorded a turnover of 6,900 shares. With a paid-up capital of Rs....

Karachi, The Chief Executive Officer of MCB Investment Management Limited, the management company for ALHAMRA DAILY DIVIDEND FUND (ALHDDF), has declared a daily dividend distribution. A dividend of Re. 0.0548 per unit will be paid to the unit holders ...