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Summit Bank Limited’s TFC Offers High Profit Rate

December 21, 2023 Uncategorized

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...

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UBL Income Opportunity Fund Shows Solid Returns

December 21, 2023 Uncategorized

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...

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MetaTech Trading Limited Ends with Negative Trading Results

December 21, 2023 Uncategorized

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).

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JS Momentum Factor ETF Records Active Market Participation

December 21, 2023 Uncategorized

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...

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United Brands Ltd Registers Minor Movement on PSE

December 21, 2023 Uncategorized

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.

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UBL Asset Allocation Fund Shows Steady Performance

December 21, 2023 Uncategorized

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 ...

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AKD Hospitality Limited Experiences Dip in Stock Price

December 21, 2023 Uncategorized

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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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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