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Al Ameen Islamic Dedicated Equity Fund Stable in the Market

November 10, 2023 Uncategorized

Karachi: The Al Ameen Islamic Dedicated Equity Fund, operational since 2016, presented an offer price and a redemption price both at Rs. 107.79. This fund, adhering to Islamic investment guidelines, wraps up its financial year in June.

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Alfalah GHP Stock Fund Shows Consistency on Pakistan Stock Exchange

November 10, 2023 Uncategorized

Karachi: Alfalah GHP Stock Fund, listed since 2008, marked an offer price of Rs. 124.25 and a redemption price of Rs. 120.83 as of November 10, 2023. The fund, with its financial year ending in June, offers a focused investment option in the stock mar...

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Elahi Cotton Mills Ltd. Maintains Presence on Pakistan Stock Exchange

November 10, 2023 Uncategorized

Karachi: Elahi Cotton Mills Ltd., trading under the code ELCM, marked a closing rate of Rs. 65.63 on the Pakistan Stock Exchange as of November 10, 2023. The company, following a June financial year-end, did not announce any distributions. ELCM, with ...

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Bank Alfalah Limited Issues Perpetual Tier-I Term Finance Certificate

November 10, 2023 Uncategorized

Karachi: Bank Alfalah Limited has issued a perpetual Tier-I Term Finance Certificate (TFC), offering a profit rate of 6-month KIBOR plus 2.00%. The market lot is 1 with a face value of Rs. 5,000. The total issue size is Rs. 7,000,000,000, which is ent...

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Asia Insurance Co. Ltd. Witnesses Modest Performance

November 10, 2023 Uncategorized

Karachi: Asia Insurance Co. Ltd. (ASIC), listed since 1980, closed at Rs. 14.11. The company declared a 3%10%B distribution in 2021 but did not announce any for the following years. The company's daily weighted average rate and paid-up capital data we...

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Worldcall Telecom Limited Closes Term Finance Certificate

November 10, 2023 Uncategorized

Karachi: Worldcall Telecom Limited has concluded its five-year term finance certificate offering, symbolized as WTLTF C 3, with each lot valued at Rs. 5,000. The profit rate for the instrument was set at 6-month KIBOR plus 1.60%. The total issue size ...

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Meezan Strategic Allocation Fund III Offers Capital Preservation Plan

November 10, 2023 Uncategorized

Karachi: Meezan Strategic Allocation Fund III, operational since 2019, provides the Meezan Capital Pre Plan-IX. This plan, with a previous book closure date on June 30, 2022, had a redemption price of Rs. 66.08 as of November 10, 2023. The fund offers...

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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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