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Karachi: Meezan Sovereign Fund, active in the Pakistan Stock Exchange, reported its year-end figures with an offer price of 57.18 and a redemption price of 56.54 for the financial year ending in June 2023.

Karachi: The NBP Government Securities Savings Fund, listed since 2014, announced an offer price of 11.46 and a redemption price of 11.33 for the year ending in June 2023. It recorded a yield of 5.75% and a return of Rs 0.5162 per unit.

Karachi: Askari Bank Limited has offered a perpetual Tier-I debt instrument, AKBLTFC6, featuring a profit rate of 6M KIBOR+1.5%. The total issue size is 6 billion Rs., matching the outstanding principal, with the next coupon date set for 03-Jan-2024, ...

Karachi: Power Holding Limited has issued two sukuks, PESC1 and PESC2, to support infrastructure development. PESC1 has a ten-year tenure with a 6M KIBOR+0.8% profit rate, and an astounding issue size of 200 billion Rs., matching the outstanding princ...

Karachi: Soneri Bank Limited's Tier-I debt security, SNBLTFC3, carries a perpetual tenure with a profit rate of 6M KIBOR+2.00%. The total issue size stands at 4 billion Rs., matching the outstanding principal, with the next coupon payment due on 06-12...

Karachi: Pakistan Services Ltd. has not declared any dividends for June, reporting a significant loss with negative earnings per share of (12.17) Rs. The share rate is listed at 325.24 Rs., with a turnover of 28900 shares, indicating a difficult fisca...

Karachi: The Bank of Punjab ensures long-term financial stability with its perpetual Tier-I TFC, BOPTFC2, offering a profit rate of 6M KIBOR+2.00%. The issue size is significant at over 8 billion Rs., corresponding to the outstanding principal, with t...