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Karachi: The ABL Financial Planning Fund, encompassing different allocation plans, has not announced any distributions for the year ending in June 2023. The ABL Active Allocation Plan listed an offer price of Rs. 82.75 and a redemption price of Rs. 80...

Karachi: Pak Suzuki Motor Co. Ltd. (PSMC) declared a dividend of 65% for the year ending in December 2023, after reporting no dividend in the previous year. The company's share price remained stable at Rs. 456.29. Pak Suzuki, with a paid-up capital of...

Karachi: K-Electric Limited has made an entry into the debt market by issuing a Sukuk, KELSC6, with a tenure of 7 years, carrying a profit rate pegged to 3M KIBOR + 1.7%. The power sector company has raised a sum of Rs. 6,700,000,000 through this issu...

Karachi: Summit Bank Limited has released a 7-year Term Finance Certificate (TFC) into the market, with a standard lot size of 1 and a face value of Rs. 5,000. This security offers a profit rate that is the sum of the 6-month KIBOR and an additional 3...

Karachi: JS Bank Limited has announced its perpetual Tier-I TFC issuance, priced at Rs. 100,000 per certificate. The profit rate is fixed at the 6-month KIBOR with an added 2.25%. The bank has successfully issued TFCs valued at Rs. 2.5 billion, which ...

Karachi: Pakistan Aluminium Beverage Cans Ltd, listed as PABC, closed at Rs. 61.83, with a daily weighted average rate of Rs. 61.08. The company boasts a significant paid-up capital of Rs. 3,611.08 million. It announced a 15% dividend for 2021 and a s...

Karachi: The AWT Money Market Fund, listed in 2016, showed a consistent offer and redemption price of Rs. 118.03 in its June 2023 report. The fund declared no distributions this year, according to the details released on the Pakistan Stock Exchange.