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...
Read More »Sui Northern Gas Pipelines Reports Solid Earnings Amid High Demand
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% ...
Read More »Shahmurad Sugar Mills Ltd. Reports High Dividends, Positive EPS
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...
Read More »The Hub Power Company Limited Stabilizes Funding with Sukuk
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...
Read More »Fertilizer Sector Witnesses Decline in Market Index
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...
Read More »AL Habib Asset Allocation Fund Reports No Distributions
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...
Read More »AKD Islamic Daily Dividend Fund Reports No Distributions
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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