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UBL Growth & Income Fund: A Dual Approach to Investment

January 1, 2024 Uncategorized

Karachi, The UBL Growth & Income Fund, operational since 2006, offers a dual investment approach. Both the Growth and Income Units were priced at Rs. 98.27 for the offer and Rs. 96.63 for the redemption in June, aligning with its strategy to cater...

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Tariq Corporation Ltd. Preference Shares Report Dividend, Karachi

January 1, 2024 Uncategorized

Karachi, Tariq Corporation Ltd. (Preference Shares) (TCORPCPS) closed at Rs. 10.84. The company, with a paid-up capital of Rs. 144.45 million, declared no cash dividends but a 10% bonus for 2023. The EPS for 2022/2023 was Rs. 11.33. These preference s...

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Pak Oman Advantage Asset Allocation Fund Stays Consistent Amid Market Fluctuations

January 1, 2024 Uncategorized

Karachi, The Pak Oman Advantage Asset Allocation Fund, established in 2009, maintained consistent performance despite market fluctuations. As of June, the fund's offer price stood at Rs. 45.58 and redemption price at Rs. 44.33. No distributions were d...

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Mehran Sugar Mills Ltd. Reports Negative EPS, Karachi

January 1, 2024 Uncategorized

Karachi, Mehran Sugar Mills Ltd. (MRNS) closed at Rs. 69.24, maintaining its daily weighted average rate. The company, with a paid-up capital of Rs. 749.28 million, declared a 7.5% dividend and 25% bonus for 2022, and 45% and 10% bonus for 2023. Its h...

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EFU Life Assurance Ltd Reports High Dividend, Karachi

January 1, 2024 Uncategorized

Karachi, EFU Life Assurance Ltd (EFUL) closed at Rs. 195.51, with a daily weighted average rate of Rs. 197.01. The company, holding a paid-up capital of Rs. 1,000 million, declared a 150% dividend for 2022 and 45% interim for 2023. Its high rate was R...

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Jahangir Siddiqui & Co. Ltd Announces Distribution, Karachi

January 1, 2024 Uncategorized

Karachi, Jahangir Siddiqui & Co. Ltd. (JSCL) closed at Rs. 15.45, with a daily weighted average rate of Rs. 15.03. The company, with a massive paid-up capital of Rs. 9,159.42 million, declared a 6% interim distribution for 2023, with no distributi...

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NIT Government ETF Demonstrates Strong Performance

January 1, 2024 Uncategorized

Karachi, The NIT Government ETF (NITGETF), active since 2020, demonstrated strong performance in the market. It posted a daily weighted average rate of Rs. 14.90 and a fund size of Rs. 54.760 million. The ETF declared a distribution of 9.342% in June,...

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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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