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NIT Pakistan Gateway.XD NC Reports on Market Activity

November 17, 2023 Uncategorized

Karachi (PPI Bot): NIT Pakistan Gateway.XD NC (NITGETF) posted a rate of 13.74 RS today with a daily weighted average rate of 47.377. The fund's size is reported in millions, with a 9% income distribution and a 9.342% yield for the year ending in June...

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Sui Northern Gas Pipelines Reports Solid Earnings Amid High Demand

November 17, 2023 Uncategorized

Karachi (PPI Bot): Sui Northern Gas Pipelines. NC, a major entity in Pakistan's oil and gas sector, displayed solid earnings with a daily weighted average rate of Rs. 58.23. The company's paid-up capital is Rs. 6,342.17 million, and it declared a 15% ...

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Shahmurad Sugar Mills Ltd. Reports High Dividends, Positive EPS

November 17, 2023 Uncategorized

Karachi (PPI Bot): Shahmurad Sugar Mills Ltd., trading on the Pakistan Stock Exchange, declared a 30% dividend for 2021, 200% for 2022, and an impressive 300% for 2023. The daily weighted average rate was Rs. 194.19, and its paid-up capital stood at R...

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The Hub Power Company Limited Stabilizes Funding with Sukuk

November 17, 2023 Uncategorized

Karachi (PPI Bot): The Hub Power Company Limited has issued Sukuk with a profit rate of 3-month KIBOR plus 1.8% over a 4-year term. The total issue size is PKR 7 billion, with half of that amount currently outstanding. The next coupon payment is sched...

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Fertilizer Sector Witnesses Decline in Market Index

November 17, 2023 Uncategorized

Karachi (PPI Bot): The fertilizer sector of the Pakistan Stock Exchange (PSE) reported a decrease in its market index on November 17, 2023. The sector's market capitalization stood at Rs. 528,936,347,151, with a turnover of 14,233,903 shares. The trad...

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AL Habib Asset Allocation Fund Reports No Distributions

November 17, 2023 Uncategorized

Karachi (PPI Bot): The AL Habib Asset Allocation Fund, listed in 2019 on the Pakistan Stock Exchange, reported no distributions for the current fiscal year. The fund, with an offer price of Rs 115.8 and a redemption price of Rs 113.53, shows stability...

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AKD Islamic Daily Dividend Fund Reports No Distributions

November 17, 2023 Uncategorized

Karachi (PPI Bot): The AKD Islamic Daily Dividend Fund, a recent addition to the Pakistan Stock Exchange in 2023, reported no distributions for the current year. The fund, adhering to Islamic investment principles, has maintained both its offer and re...

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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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