Karachi: HBL Stock Fund, operational since 2007, reported an offer price of Rs. 102.5 and a redemption price of Rs. 101.93 as of November 10, 2023. The fund provides an opportunity for investors to invest in a diversified portfolio of stocks, aiming f...
Read More »Agha Steel Industries Limited Secures Funding Through Sukuk
Karachi: Agha Steel Industries Limited has secured a six-year tenor funding through a Sukuk issuance, with a market lot of 1 and a face value of Rs. 1,000,000. The profit rate is pegged to 3-month KIBOR plus 0.8%. The total issue size is Rs. 5,000,000...
Read More »Soneri Bank Limited Offers Ten-Year Tier-II Term Finance Certificate
Karachi: Soneri Bank Limited has offered a ten-year Tier-II Term Finance Certificate (TFC), with a profit rate of 6-month KIBOR plus 1.7%. The market lot is 1, and the face value is Rs. 100,000. The total issue size is Rs. 4,000,000,000, with the full...
Read More »Alfalah GHP Alpha Fund Reports Stable Prices in 2023
Karachi: The Alfalah GHP Alpha Fund, listed since 2008, reported an offer price of Rs. 66.72 and a redemption price of Rs. 64.53. The fund, operational for over a decade, concludes its financial year each June, marking its presence in the Pakistan Sto...
Read More »Consistent Market Position for HBL Islamic Financial Planning Fund Conservative Allocation Plan
Karachi: The HBL Islamic Financial Planning Fund Conservative Allocation Plan, introduced to the market in 2017, has maintained a consistent market position. As of June 2023, the fund reported an offer price of 97.96 and a redemption price of 95.8, in...
Read More »Frontier Ceramics Ltd. Reports No Dividends; Steady Share Price
Karachi: Frontier Ceramics Ltd. (FRCL), trading on the Pakistan Stock Exchange, closed its shares at Rs. 17.75. With a paid-up capital running into millions, FRCL's financial year ended in June, showing no dividends for the past three years. The marke...
Read More »Al Ameen Islamic Energy Fund Reports Varied Prices
Karachi: The Al Ameen Islamic Energy Fund, listed since 2020, showed an offer price of Rs. 95.03 and a redemption price of Rs. 90.99. The fund, focusing on Islamic energy sector investments, concludes its financial year in June.
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