Karachi, Summit Bank Limited's TFC, symbolized as SMBLTFC, offers a high profit rate of 6M KIBOR + 3.25%. Each TFC has a face value of PKR 5,000, and the total issue size is PKR 1,500,000,000. Currently, PKR 1,495,500,000 of this amount is outstanding...
Read More »UBL Income Opportunity Fund Shows Solid Returns
Karachi, Since 2013, the UBL Income Opportunity Fund has shown solid returns. The fund's redemption price decreased from 121.15 in 2021 to 119.13 in 2023, coupled with distributions around 5%, reflecting its success in income generation and capital ap...
Read More »MetaTech Trading Limited Ends with Negative Trading Results
Karachi, MetaTech Trading Limited ended with negative trading results, opening at PKR 7.21 and closing at PKR 8.69. The stock recorded a low of PKR 5.07, with 500 shares traded, resulting in a significant negative closing price of PKR (15.85).
Read More »JS Momentum Factor ETF Records Active Market Participation
Karachi, JS Momentum Factor ETF (JSMFETF) recorded a rate of 13.31 today, maintaining a steady average rate of 76.799. In 2022, the fund showed active market participation with a turnover of 32,816,500, and rates ranged between 10.62 and 7.56, reflect...
Read More »United Brands Ltd Registers Minor Movement on PSE
Karachi, United Brands Ltd registered minor movement on the Pakistan Stock Exchange, with the stock opening at PKR 17.32 and closing at PKR 17.22. The stock's low was PKR 9.4, with 500 shares traded, resulting in a marginal closing price of PKR 0.04.
Read More »UBL Asset Allocation Fund Shows Steady Performance
Karachi, The UBL Asset Allocation Fund, operational since 2013, has demonstrated steady performance in the market. The fund's redemption price decreased from 178.75 in 2021 to 172.89 in 2023, along with a distribution of 7.34% in 2021, reflecting its ...
Read More »AKD Hospitality Limited Experiences Dip in Stock Price
Karachi, AKD Hospitality Limited experienced a dip in stock price, opening at PKR 151.35 and closing lower at PKR 185.1. The stock reached a high of PKR 90.12, with 100 shares traded, resulting in a negative closing price adjustment of PKR (3.93).
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