Karachi: United Bank Limited's perpetual Tier-I TFC, UBLTFC5, carries a face value of PKR 5,000 with a profit rate of 3M KIBOR + 1.55%. The total issue size stands at PKR 10,000,000,000, with no change in the outstanding principal. Investors are poise...
Read More »UBL Dedicated Equity Fund Holds Steady in Market
Karachi: The UBL Dedicated Equity Fund, launched in 2019, has reported a stable offer and redemption price of 90.12. Despite not declaring any distributions, the fund's steady pricing indicates a commitment to dedicated equity investment strategies wi...
Read More »Meezan Pakistan ETF Announces Distribution Amidst Stable Trading
Karachi: Meezan Pakistan ETF (MZNPETF) has announced a 12.5% distribution, reflected in its closing rate of PKR 11.09 and a comparable daily weighted average rate of PKR 11.06. The fund's paid-up capital stands at PKR 70.344 million, with an EPS of PK...
Read More »Alfalah GHP Money Market Fund Delivers Solid Returns in PSE
Karachi: The Alfalah GHP Money Market Fund, another open-end mutual fund, delivered solid returns in the Pakistan Stock Exchange as of November 15, 2023. The fund's offer price was PKR 101.02, and the redemption price was PKR 99.89. The fund achieved ...
Read More »Pakistan Petroleum (Preference) Records Minimal Turnover in PSE
Karachi: Pakistan Petroleum (Preference), trading under the code NT, recorded minimal turnover on the Pakistan Stock Exchange on November 15, 2023. The stock traded at a nominal rate of PKR 0.14. The company, with distributions of 30% in 2021, 20% in ...
Read More »HUBCSC4 Sukuk Set for March 2024 Coupon Amid Favorable Terms
Karachi: Another issuance from The Hub Power Company Limited, the HUBCSC4 sukuk, is scheduled for a coupon payment on 19-Mar-2024. This four-year sukuk, carrying a profit rate of 1 Yr KIBOR + 1.9%, has a total issue size of PKR 5,000,000,000 with PKR ...
Read More »Allied Capital Protected Fund Shows Modest Returns in PSE
Karachi: The Allied Capital Protected Fund, an open-end mutual fund, showed modest returns in the Pakistan Stock Exchange as of November 15, 2023. While no offer or redemption prices were reported, the fund declared earnings of Re 0.2715 per unit for ...
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