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Karachi: Nishat Power Ltd. (NPL) ended the day at PKR 30.05, with a daily weighted average rate of PKR 29.72. The company, with a paid-up capital of PKR 3,540.89 million, declared a 70% dividend for 2023, increasing from 45% in 2022 and 15% in 2021. S...

Karachi: Mughal Iron & Steel Industries Limited has released a five-year Sukuk, symbolized as MUGHALSC, with a market lot size of Rs. 1,000,000. The profit rate is based on 3M KIBOR + 1.3%. The total issue size is Rs. 3,000,000,000, with an outstandin...

Karachi: AL-Noor Sugar Mills Ltd. NC, with the symbol ALNRS, closed at Rs. 64.00. The company's paid-up capital is Rs. 204.74 million. It declared a 50% distribution in both 2021 and 2022. Since its 1970 listing, AL-Noor Sugar Mills Ltd. achieved a hi...

Karachi: Habib Bank Limited has issued a perpetual TFC, HBLTFC2, with a market lot of Rs. 100,000. This instrument carries a profit rate based on the 3M KIBOR + 1.6%. The total issue size is a substantial Rs. 12,374,000,000, with the same amount outst...

Karachi: Bank Islami Pakistan Limited has issued a perpetual Sukuk, BIPLSC, with a market lot of Rs. 5,000. The profit rate is based on the 3M KIBOR + 2.75%. This instrument has an issue size of Rs. 2,000,000,000, which is also the total outstanding p...

Karachi: Pakistan Oxygen Limited has declared the schedule for its upcoming rights issue, initiating trading in rights on the 1st of November, 2023. The company has set the last date for trading in these rights for the 23rd of November, 2023, with the...

Karachi: Bank Al Habib Limited has launched a perpetual Term Finance Certificate (TFC) with the symbol BAHLTFC9. The instrument has a single market lot and a face value of PKR 5,000. The profit rate is pegged to the 6-month KIBOR plus 1.65%. The total...