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Bank Makramah Limited Reveals Rights Issue at 65%

December 4, 2023 Uncategorized

Karachi, Bank Makramah Limited, previously known as Summit Bank Limited, has disclosed a forthcoming rights issue at a rate of 65%. The announcement made to the Pakistan Stock Exchange indicates an expansion strategy through the rights issue. Further ...

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Khyber Textile Mills Ltd Reports Moderate Market Activity

December 4, 2023 Uncategorized

Karachi, Khyber Textile Mills Ltd, listed as KHYT, closed at Rs. 667.41. The company's paid-up capital is Rs. 12.28 million, with no distributions declared for 2021, 2022, or 2023. The par value is Rs. 10, with a market lot of 50. KHYT's previous book...

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Nishat Mills Ltd. Demonstrates Strong Market Presence

December 4, 2023 Uncategorized

Karachi, Nishat Mills Ltd., trading under NML, closed at Rs. 82.81, with a daily weighted average rate of Rs. 82.47. The company, with a paid-up capital of Rs. 3,516 million, declared distributions of 40% for 2021 and 2022, and 50% for 2023. The par v...

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NBP Financial Sector Income Fund Declares Distribution for 2023

December 4, 2023 Uncategorized

Karachi, NBP Financial Sector Income Fund, introduced in 2011, disclosed a distribution of 8.52% and Rs 0.6309 per unit for the fiscal year ending June 2023. The fund's offer price was 10.89, and the redemption price was 10.77, marking a steady financ...

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Alfalah GHP Sovereign Fund Continues Strong Performance with Consistent Distributions

December 4, 2023 Uncategorized

Karachi, Since its inception in 2014, the Alfalah GHP Sovereign Fund has maintained a strong market presence with an offer price of PKR 119.88 and a redemption price of PKR 118.54 as of June 2023. The fund announced a 5.57% distribution in 2021 and a ...

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Askari Equity Fund Records No Distribution in Recent Years

December 4, 2023 Uncategorized

Karachi, The Askari Equity Fund, listed in 2012, showed an offer price of PKR 109.64 and a redemption price of PKR 107.45 as of June 2023. The fund has not declared any distributions for the years 2021 and 2022.

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Kohinoor Textile Mills Ltd. Exhibits Strong Financial Performance

December 4, 2023 Uncategorized

Karachi, Kohinoor Textile Mills Ltd., listed as KTML, closed at Rs. 93.61, with a daily weighted average rate of Rs. 93.50. The company has a paid-up capital of Rs. 2,692.99 million. Distributions for 2021 were 20%, 10% in 2022, and NIL in 2023. The p...

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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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