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UBL Capital Protected Fund – III Offers Security in Turbulent Times

January 1, 2024 Uncategorized

Karachi, Established in 2017, the UBL Capital Protected Fund - III offered security during turbulent market times. The fund's offer and redemption prices in June were Rs. 102.3 and Rs. 99.23 respectively. A 1.55% distribution was declared, indicating ...

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UBL Income Opportunity Fund: Balancing Risk and Return

January 1, 2024 Uncategorized

Karachi, Since 2013, the UBL Income Opportunity Fund has been balancing risk and return effectively. The fund’s offer price was Rs. 121.15, and the redemption price was Rs. 119.13 in June, with a distribution of 5.00% and 4.74%, reflecting a well-mana...

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Pak Oman Advantage Islamic Income Fund Maintains Stability

January 1, 2024 Uncategorized

Karachi, The Pak Oman Advantage Islamic Income Fund, operational since 2008, showcased steady performance. In June, the fund's offer price was Rs. 55.32, with a redemption price of Rs. 54.71. The fund did not declare any distributions, ensuring stabil...

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BankAlfalah Limited Announces Strong Dividend, Karachi

January 1, 2024 Uncategorized

Karachi, BankAlfalah Limited (BAFL) closed at Rs. 49.20, with a daily weighted average rate of Rs. 49.56. The bank, holding a paid-up capital of Rs. 15,771.65 million, declared a 50% dividend for 2022 and 30% interim for 2023. Its high rate was Rs. 53...

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Security Leasing Corp. Reports No Trading, Karachi

January 1, 2024 Uncategorized

Karachi, Security Leasing Corp. (Pref) 9.1% (SLCPA) reported no trading today. The company, with a paid-up capital of Rs. 112.50 million, did not announce any distributions and recorded zero turnover and EPS for the year 2022/2023. Security Leasing Co...

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First National Equities Ltd Maintains Strong Turnover, Karachi

January 1, 2024 Uncategorized

Karachi, First National Equities Ltd (FNEL) closed at Rs. 5.31, with a daily weighted average rate of Rs. 5.23. The company, with a substantial paid-up capital of Rs. 2,672.86 million, declared no distributions for both 2022 and 2023. Its high rate wa...

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Imrooz Modaraba 1st Reports High EPS and Distribution, Karachi

January 1, 2024 Uncategorized

Karachi, Imrooz Modaraba 1st (FIMM) closed at an impressive Rs. 125.81. The Modaraba, with a smaller paid-up capital of Rs. 30 million, declared a 55% distribution for 2022 and 50% for 2023. Its high rate was Rs. 143.01, and the low rate was Rs. 125.8...

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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.

  • Hot, Humid Weather to Persist Across Most Parts of Country: PMD

    2 days ago
  • Pakistan Keen to Further Strengthen Cooperation with US: PM

    2 days ago
  • MoRA Urges Pilgrims to Renew Passports Early for Hajj 2027

    2 days ago
  • Pakistan and Jordan Leadership Voice Concerns Over Escalating Palestine Tensions

    2 days ago
  • Pakistan Customs Successfully Thwarts Smuggling Attempts in GB

    2 days ago

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