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Feroze1888 Mills Ltd. Records Strong Performance on Pakistan Stock Exchange

November 10, 2023 Uncategorized

Karachi: Feroze1888 Mills Ltd., listed as FML, closed at Rs. 86.00 as of November 10, 2023. The company, following a June year-end, declared distributions of 34.3% in 2021, "6%(R) 42.70%" in 2022, and 109.30% in 2023. FML, with a paid-up capital of Rs...

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ABL Cash Fund Shows Stability in Pakistan Stock Exchange

November 10, 2023 Uncategorized

Karachi: ABL Cash Fund, another open-end mutual fund, exhibited an offer price of Rs. 10.28 and a redemption price of Rs. 10.19 as of November 10, 2023. The fund, closing its financial year in June, had its last book closure on June 27, 2022. Since it...

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HBL Total Treasury ETF Records Stable Performance

November 10, 2023 Uncategorized

Karachi: The HBL Total Treasury ETF, trading under the symbol HBLTETF, has shown a consistent performance in the Pakistan Stock Exchange with today's rate closing at Rs. 10.86. With a fund size of Rs. 537.670 million, the ETF is scheduled for its year...

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Faysal Financial Sector Opportunity Fund Records Stable Performance

November 10, 2023 Uncategorized

Karachi: Faysal Financial Sector Opportunity Fund, operational since 2013, showed an offer price of Rs. 107.18 and a redemption price of Rs. 104.81 as of November 10, 2023. The fund offers investment opportunities in the financial sector, aiming for g...

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Bank Alfalah Limited Announces Three-Year Fixed Rate Debt Security

November 10, 2023 Uncategorized

Karachi: A three-year fixed-rate debt security has been introduced by Bank Alfalah Limited, under the symbol BAF LTF C 7. The market lot is 1, and the face value per security is Rs. 5,000, offering a fixed profit rate of 9.03%. The total issue size am...

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IGI Life Insurance Ltd Faces Challenges in the Market

November 10, 2023 Uncategorized

Karachi: IGI Life Insurance Ltd (IGIL) closed at Rs. 10.24. Listed in 1995, IGIL did not declare any distributions in recent years. The company's paid-up capital is Rs. 2,449 million, and its daily weighted average rate decreased from Rs. 11.34 to Rs....

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United Bank Limited Offers Perpetual Tier-I Capital Certificate

November 10, 2023 Uncategorized

Karachi: United Bank Limited has offered a perpetual Tier-I capital certificate, UBLTF C 5, to the market. The market lot is 1, with a face value of Rs. 5,000. The profit rate is determined by the 3-month KIBOR plus 1.55%. The total issue size is Rs. ...

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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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