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Pakistan Reinsurance Co. Ltd. Shows Strong Market Performance with High Turnover

November 20, 2023 Uncategorized

Karachi, (PPI Bot): Pakistan Reinsurance Co. Ltd., trading under PAKRI, exhibited a robust presence in the market, closing at 7.62, aligning with its daily weighted average. The company, one of the oldest with a listing year of 1959, has an extensive ...

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Indus Motor Company Ltd. Exhibits Strong Performance in Auto Sector

November 20, 2023 Uncategorized

Karachi, (PPI Bot): Indus Motor Company Ltd., symbolized as INDU, reported a closing rate of PKR 1088.74 on the Pakistan Stock Exchange. The company's daily weighted average rate was PKR 1083.47, with a paid-up capital of PKR 786.00 million. Indus Mot...

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Treet Corporation Limited Sets Rights Issue Date with Modest Premium

November 20, 2023 Uncategorized

Karachi, (PPI Bot): Treet Corporation Limited (TREETR2) has scheduled its rights issue trading to commence on November 24, 2023. Shareholders must note that trading will conclude on December 15, 2023, with the last date for payment or renunciation fal...

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Al Ameen Islamic Active Principal Preservation Plan II Stable in Performance

November 20, 2023 Uncategorized

Karachi, (PPI Bot): The Al Ameen Islamic Active Principal Preservation Plan II, another segment of the Al Ameen Islamic Financial Planning Fund III, presented an offer price of 109.87 and a redemption price of 107.67. With a June financial year-end, t...

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Soneri Bank Limited Secures Decade-Long Funding with Tier-II TFC

November 20, 2023 Uncategorized

Karachi, (PPI Bot): Soneri Bank Limited has secured a decade-long funding source with a Tier-II TFC, SNBLTFC4. The certificate has a face value of PKR 100,000 and carries a profit rate of 6M KIBOR+1.7%. The issue size stands at PKR 4 billion, which is...

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NBP Sarmaya Izafa Fund Delivers Exceptional Year-End Returns

November 20, 2023 Uncategorized

Karachi, (PPI Bot): Listed since 2010, the NBP Sarmaya Izafa Fund disclosed its financial data for the year ending June 2023. The fund maintained an offer price of Rs 20.78 and a redemption price of Rs 20.1. It declared a remarkable year-end distribut...

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Summit Bank Limited Announces Seven-Year TFC with Competitive Interest Rate

November 20, 2023 Uncategorized

Karachi, (PPI Bot): Summit Bank Limited has brought to market a Term Finance Certificate, SMBLTFC, with a seven-year tenor. The issue size is PKR 1.5 billion, nearly matching the outstanding principal of PKR 1.4955 billion. The profit rate is attracti...

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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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