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Millat Tractors Ltd. Continues Strong Performance in Tractor Manufacturing

November 20, 2023 Uncategorized

Karachi, (PPI Bot): Millat Tractors Ltd., trading as MTL, closed at PKR 519.21 in the Pakistan Stock Exchange. The company's daily weighted average rate was PKR 520.65, with a paid-up capital of PKR 1,917.98 million. Millat Tractors, which ended its f...

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Pakgen Power Ltd. Shows Growth in Stock Price and Distributions

November 20, 2023 Uncategorized

Karachi, (PPI Bot): Pakgen Power Ltd., trading under the code PKGP, showed growth in its stock price and distributions on the Pakistan Stock Exchange on November 20, 2023. The stock closed at 47.41 with a daily weighted average rate of 46.26. The comp...

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UBL Stock Advantage Fund Delivers Consistent Year-End Returns

November 20, 2023 Uncategorized

Karachi, (PPI Bot): The UBL Stock Advantage Fund, a participant in the Pakistan Stock Exchange since 2006, revealed its financial performance for the year ending June 2023. The fund reported an offer price of Rs 98.68 and a redemption price of Rs 95.9...

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Kashf Foundation Accesses Capital Markets with Four-Year TFC

November 20, 2023 Uncategorized

Karachi, (PPI Bot): Kashf Foundation has accessed the capital markets with a four-year TFC, KFTFC1, totaling PKR 2 billion in issue size, with an outstanding principal of PKR 666.666 million. The profit rate is marked at 3M KIBOR+2.25%, and the next c...

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ABL Stock Fund Announces Modest Year-End Distribution

November 20, 2023 Uncategorized

Karachi, (PPI Bot): The ABL Stock Fund, a part of the Pakistan Stock Exchange since 2009, has released its year-end financial figures for June 2023. The fund's offer price was Rs 17.5, and the redemption price was Rs 17.11. It reported a year-end dist...

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Power Holding Limited Issues Another 10-Year Sukuk at a Unique Profit Rate

November 20, 2023 Uncategorized

Karachi, (PPI Bot): In a subsequent offering, Power Holding Limited has issued a 10-year Sukuk, PESC2, with a total issue size of PKR 199.9668 billion, which is also the amount of the outstanding principal. The Sukuk carries a unique profit rate of 6M...

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Askari Bank Limited Commits to Decade Long Tier-II TFC

November 20, 2023 Uncategorized

Karachi, (PPI Bot): In a continued effort to strengthen its capital base, Askari Bank Limited has placed a 10-year Tier-II Term Finance Certificate, AKBLTFC7. The TFC, with a market lot of one and a face value of PKR 1,000,000, offers a profit rate of...

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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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