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.
Read More »Alfalah GHP Stock Fund Shows Consistency on Pakistan Stock Exchange
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...
Read More »Elahi Cotton Mills Ltd. Maintains Presence on Pakistan Stock Exchange
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 ...
Read More »Bank Alfalah Limited Issues Perpetual Tier-I Term Finance Certificate
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...
Read More »Asia Insurance Co. Ltd. Witnesses Modest Performance
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...
Read More »Worldcall Telecom Limited Closes Term Finance Certificate
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 ...
Read More »Meezan Strategic Allocation Fund III Offers Capital Preservation Plan
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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