Karachi, Since its inception in 2022, the Faysal Halal Amdani Fund has held a steady position in the market. The fund's offer price stands at Rs 110.59 as of December 2023, with no distributions recorded for the year ending June 2023.
Read More »HBL Income Fund Reports Steady Growth
Karachi, Since its inception in 2007, the HBL Income Fund has reported steady growth. The fund's offer price as of December 2023 is Rs 121.95, with a 5.00% yield for the year ending June 2023. The fund distributed Rs 5.50 per unit, showcasing its stab...
Read More »Artistic Denim Mills Limited Reports Steady Growth in 2023
Karachi, Artistic Denim Mills Limited (ADMM) reported steady growth in its earnings per share (EPS) for January-November 2023, with an increase to 4.21 from 60.5 in the previous year. The company's stock traded at Rs. 57.67, with a daily weighted aver...
Read More »Al Ameen Islamic Financial Planning Fund III Maintains Status Quo in Fiscal 2023
Karachi, The Al Ameen Islamic Financial Planning Fund III, along with its various plans, listed since 2018 on the Pakistan Stock Exchange, disclosed its financial results for the fiscal year ending in June 2023. The fund itself, with an offer price of...
Read More »Bank Makramah Limited Proposes Dual Rate Rights Issues
Karachi, Bank Makramah Limited, formerly known as Summit Bank Limited, has proposed rights issues at two different rates. The first rights issue is proposed at a rate of 65%, while the second is at 11.2443%. These proposed rights issues are part of th...
Read More »Power Holding Limited Anchors Massive Funding with Two Ten-Year Sukuks
Karachi, Power Holding Limited has placed two substantial Sukuks on the Pakistan Stock Exchange. The first, "PESC1," is a ten-year Sukuk with an unprecedented total issue size of Rs. 200 billion, which is entirely outstanding. Its next coupon date is ...
Read More »Bank Alfalah Limited Invests in Perpetual Debt with TFC Issue
Karachi, Bank Alfalah Limited has introduced a new perpetual Tier-I TFC, "BAFLTFC8," to the market. This debt instrument has an issue size of Rs. 7 billion, which remains fully outstanding. The next coupon date is set for December 21, 2023, and the TF...
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