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Karachi, With a distribution of 2.30% for 2023, the Pak Oman Islamic Asset Allocation Fund, listed in 2009, marks a significant presence in the market. The fund, which ends its financial year in June, is part of the broader Islamic asset allocation mu...

Karachi, United Distributors Pakistan Ltd (UDPL) has reported a loss in its latest financial disclosure to the Pakistan Stock Exchange. The company's EPS for the period of January-November 2023 stood at a negative Rs. 2.22. UDPL's stock traded between...

Karachi, TPL Corp Limited has entered the debt securities market with two new instruments, a Sukuk and a TFC, both with a tenure of 5 years. The Sukuk, "TPLSC," has a total issue size of Rs. 2.19 billion, with the same amount outstanding and a next co...

Karachi, Bank Al Habib Limited has introduced a Tier-II TFC, "BAHLTFC10," with a ten-year term to the financial market. With a total issue size of Rs. 7 billion, the same amount is outstanding. The bank has set the next coupon date for December 23, 20...

Karachi, Unicap Modaraba (UCAPM) showed its market position in the Pakistan Stock Exchange. The modaraba's rate today was PKR 1.86, with a daily weighted average rate of PKR 1.80. It has a paid-up capital of PKR 236.40 million as of June. Listed in 19...

Karachi, United Bank Limited has actively participated in the debt securities market with its Tier-I TFC, UBLTFC5, as reported to the Pakistan Stock Exchange. This perpetual security has a market lot of 1 and a face value of Rs. 5,000. The interest ra...

Karachi, Meezan Pakistan ETF (MZNPETF), trading at a daily weighted average rate of Rs. 12.60, mirrors its closing rate for the day. The ETF, with a market lot of 500, saw a turnover of 7,137,500. MZNPETF has declared a 12.5% distribution for investor...