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 ...
Read More »Indus Motor Company Ltd. Exhibits Strong Performance in Auto Sector
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...
Read More »Treet Corporation Limited Sets Rights Issue Date with Modest Premium
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...
Read More »Al Ameen Islamic Active Principal Preservation Plan II Stable in Performance
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...
Read More »Soneri Bank Limited Secures Decade-Long Funding with Tier-II TFC
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...
Read More »NBP Sarmaya Izafa Fund Delivers Exceptional Year-End Returns
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...
Read More »Summit Bank Limited Announces Seven-Year TFC with Competitive Interest Rate
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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