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Habib Bank Limited Lists Perpetual TFC Worth Over Rs. 12 Billion

December 7, 2023 Uncategorized

Karachi, Habib Bank Limited has listed a "TFC (Tier-I)" security, HB LTFC 2, with a perpetual tenure and a total issue size of Rs. 12,374,000,000. Each security has a face value of Rs. 100,000 and promises a profit rate of "3M KIBOR+1.6%". The upcomin...

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Shifa International Hospitals Ltd Announces Dividend Amid Positive Growth

December 7, 2023 Uncategorized

Karachi, Shifa International Hospitals Ltd (SHFA) announced a 15% dividend after a 2% bonus and a 30% dividend earlier in the year, reflecting positive growth. With a paid-up capital of Rs. 632.14 million, the company's shares were traded between Rs. ...

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Arpak International Investments Reports Significant Loss

December 7, 2023 Uncategorized

Karachi, Arpak International Investments (ARPAK) concluded the year with a significant loss, posting negative earnings per share of Rs. (31.00). The investment company, with a capital of Rs. 40.00 million, had its share price peak at Rs. 64.5 and drop...

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National Refinery Records Significant Uptrend in Stock and Futures Markets

December 7, 2023 Uncategorized

Karachi, National Refinery Limited (NRL) witnessed significant upward movement in its stock price during the trading session on December 7, 2023, at the Pakistan Stock Exchange. The company's shares opened at PKR 362 and experienced a notable rise, cl...

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Agha Steel Industries Limited Issues Rs. 5 Billion Sukuk

December 7, 2023 Uncategorized

Karachi, Agha Steel Industries Limited has released Sukuk worth Rs. 5,000,000,000 in privately placed debt securities, with an outstanding principal of Rs. 3,750,000,000. Each Sukuk unit has a face value of Rs. 1,000,000, a maturity period of 6 years,...

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The Hub Power Company Limited Rolls Out Two Sukuk Offerings

December 7, 2023 Uncategorized

Karachi, The Hub Power Company Limited has released two Sukuk offerings, HUB C S C 2 and HUB C S C 4, with issue sizes of Rs. 7,000,000,000 and Rs. 5,000,000,000 respectively. Both Sukuks have a tenure of 4 years and a face value of Rs. 100,000 per un...

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Archroma Pakistan Records Price Fluctuations on Pakistan Stock Exchange

December 7, 2023 Uncategorized

Karachi, Archroma Pakistan, trading as ARPL, experienced fluctuations in its share price on the Pakistan Stock Exchange on December 7, 2023. The company's shares opened at PKR 530 and moved to a close of PKR 548. The stock traded between a low of PKR ...

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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.

  • Dry Weather to Prevail in Most Parts of Country: PMD

    3 days ago
  • PM Directs Integration of Public-Private Partnership Authority to Expedite Development Projects

    3 days ago
  • Pakistan Ready to Collaborate for Democratic UNSC, Says Ambassador Asim

    3 days ago
  • DPM, Saudi FM Emphasize Importance of Dialogue

    3 days ago
  • Pakistan and US Discuss Recent Regional Developments

    3 days ago

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