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UBL Liquidity Plus Fund Maintains Presence on Pakistan Stock Exchange

November 10, 2023 Uncategorized

Karachi: UBL Liquidity Plus Fund, operational since 2009, showed both an offer and redemption price of Rs. 100.88 as of November 10, 2023. The fund offers liquidity management solutions for investors, focusing on capital preservation and easy access t...

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Alhamra Cash Management Optimizer Debuts in 2023

November 10, 2023 Uncategorized

Karachi: The Alhamra Cash Management Optimizer, newly listed in 2023, reported an offer price of Rs. 106.06 and a redemption price of Rs. 104.87. This fund, focusing on cash management, marks its entry into the Pakistan Stock Exchange with its first f...

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AL Habib Asset Allocation Fund Maintains Steady Performance on Pakistan Stock Exchange

November 10, 2023 Uncategorized

Karachi: AL Habib Asset Allocation Fund, an open-end mutual fund, reported an offer price of Rs. 99.97 and a redemption price of Rs. 98.01 as of November 10, 2023. The fund, with a financial year ending in June, has been operational since 2019, offeri...

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Askari Bank Limited Issues Perpetual and Fixed-Term Debt Securities

November 10, 2023 Uncategorized

Karachi: Askari Bank Limited has issued perpetual and fixed-term debt securities. The perpetual Tier-I TFC, with a market lot of 1 and a face value of Rs. 1,000,000, offers a profit rate of 6-month KIBOR plus 1.5%, totaling Rs. 6,000,000,000 with the ...

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Summit Bank Limited Announces Two Distinct Rights Issues

November 10, 2023 Uncategorized

Karachi: Summit Bank Limited has informed the Pakistan Stock Exchange of two separate rights issues. The first proposed rights issue is set at a rate of 11.2443%, while the second is notably higher at 65%. These issues are likely aimed at diversifying...

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Samba Bank Limited Lists Ten-Year Tier-II Term Finance Certificate

November 10, 2023 Uncategorized

Karachi: Samba Bank Limited has listed a ten-year Tier-II Term Finance Certificate (TFC), with a profit rate of 6-month KIBOR plus 1.35%. The market lot is set at 1 with a face value of Rs. 100,000. The total issue size is Rs. 5,000,000,000, with Rs. ...

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AWT – Income Fund Shows Consistent Performance

November 10, 2023 Uncategorized

Karachi: The AWT - Income Fund, operational since 2012, presented an offer price of Rs. 121.05 and a redemption price of Rs. 119.7. This fund, which also follows a June year-ending schedule, has been a steady player in the market since its listing in ...

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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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