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Karachi: Agha Steel Industries Limited has announced the issuance of a 6-year Sukuk with a face value of Rs. 1,000,000 per unit. The profit rate is set at the 3-month Karachi Interbank Offered Rate (KIBOR) plus an additional 0.8%. The total issue size...

Karachi: Mughal Iron & Steel Industries Limited has announced the placement of Sukuk with a 5-year tenure and a face value of Rs. 1,000,000 each. The Sukuk is structured with a profit rate of 3-month KIBOR plus 1.3%. This issuance totals Rs. 3,000,000...

Karachi: HBL Equity Fund has declared a 12.00% distribution for the financial year, despite reporting no distribution in the previous year. The fund, with an offer price of Rs. 77.6 and a redemption price of Rs. 75.88, has been operational in the mark...

Karachi: Bhanero Textile Mills Ltd's share closed at Rs. 930.00 on the stock market today. The company, which has a paid-up capital of Rs. 30.41 million, declared a distribution of 350% for 2023, a decrease from the previous two years, where it mainta...

Karachi: Shares of Azgard Nine Ltd (ANL) were traded at a closing price of Rs. 7.74, with a daily weighted average rate of Rs. 7.83. Despite having no dividend announcement for the year, the company recorded a substantial turnover of 97,212,998 shares...

Karachi: Allied Rental Modaraba (ARM), listed in 2007, closed at a rate of Rs. 27.00 per share with a daily weighted average rate also at Rs. 27.00. The company, with a paid-up capital of Rs. 2,200 million, announced a 15% distribution for the year en...

Karachi: United Insurance Co. of Pakistan Ltd. (UNIC) saw its shares trading at Rs. 11.90, closely following the daily weighted average rate of Rs. 11.84. The company, with a turnover of 4,296,500 shares, announced a dividend of 10% and an impressive ...