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Performance Overview of ABL Islamic Income Fund and ABL Islamic Stock Fund

November 10, 2023 Uncategorized

Karachi: The ABL Islamic Income Fund and ABL Islamic Stock Fund, part of Pakistan Stock Exchange's open-end mutual funds, have reported their performance for the year ending in June 2023. The ABL Islamic Income Fund showed an offer price of Rs. 11.13 ...

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Ghani Value Glass Ltd. Posts Strong Financial Performance

November 10, 2023 Uncategorized

Karachi: Ghani Value Glass Ltd. (GVGL) ended the trading session at Rs. 35.94 per share. The company's paid-up capital is substantial, with distributions of 60% in 2021 and 40% in 2022. The market lot remains at 500, with the last book closure on 21/1...

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Suraj Cotton Mills Ltd. Shows Strong Performance on PSE

November 10, 2023 Uncategorized

Karachi: Suraj Cotton Mills Ltd., listed as SURC, closed at Rs. 100.53 as of November 10, 2023. The company, following a June year-end, declared distributions of 100%10%B in 2021, 40% in 2022, and 10%10%B in 2023. SURC, with a paid-up capital of Rs. 5...

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Tri-Star Modaraba 1st Reports High Distributions in 2023

November 10, 2023 Uncategorized

Karachi: Tri-Star Modaraba 1st (FTSM), listed since 1990, closed at Rs. 15.00. The company distributed 6% in 2021 and reported a significant increase to 40% in 2023. FTSM's paid-up capital is Rs. 90 million, and its daily weighted average rate was Rs....

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HBL Islamic Money Market Fund Shows Steady Performance on Pakistan Stock Exchange

November 10, 2023 Uncategorized

Karachi: HBL Islamic Money Market Fund, operational since 2011, reported an offer price of Rs. 102.32 and a redemption price of Rs. 101.17 as of November 10, 2023. This Shariah-compliant fund, with its financial year ending in June, provides a stable ...

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Summit Bank Limited Proposes Rights Issue at 11.2443%

November 10, 2023 Uncategorized

Karachi: Summit Bank Limited has announced a proposed rights issue at the rate of 11.2443%, according to a recent financial disclosure to the Pakistan Stock Exchange. The bank is aiming to strengthen its capital through this rights issue, which will a...

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Al Ameen Islamic Financial Planning Fund III Offers Diverse Investment Plans

November 10, 2023 Uncategorized

Karachi: Al Ameen Islamic Financial Planning Fund III, operational since 2018, offers several investment plans. The Active Allocation Plan XI had an offer price of Rs. 103.36 and a redemption price of Rs. 99.22. The Active Principal Preservation Plan ...

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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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