Karachi, Kashf Foundation has launched its TFC (KFTFC1) with a market lot of 1 and a face value of Rs. 1,000,000. This four-year tenor security offers a profit rate of "3M KIBOR +2.25%", with a total issue size of Rs. 2,000,000,000 and an outstanding ...
Read More »Faysal Asset Allocation Fund Announces Distribution for June 2023
Karachi, The Faysal Asset Allocation Fund, listed in 2007, has released its financial figures for the year ending June 2023. The fund reported an offer price of 92.2 and a redemption price of 89.17. It declared a distribution of 3.50%, indicating a st...
Read More »Alfalah GHP Cash Fund and Income Funds Report Positive Returns
Karachi, The Alfalah GHP Cash Fund, listed in 2010, posted an offer price of PKR 557.88 and a redemption price of PKR 553.19 for June 2023, with a distribution of 6.63% and "Rs 23.36 per unit." The Alfalah GHP Income Fund, active since 2007, did not d...
Read More »MCB Bank Ltd Posts High Dividends with Strong Trading Performance
Karachi, MCB Bank Ltd. (MCB) ended the trading day at Rs. 185.29, with an average rate of Rs. 185.99. The bank's paid-up capital is Rs. 11,850.60 million. MCB experienced a turnover of 194,392,950 shares and declared dividends of 190% for 2021, 200% f...
Read More »K-Electric Limited Debuts Sukuk Security
Karachi, K-Electric Limited has entered the debt market with its Sukuk security (KELSC5), valued at Rs. 5,000 per unit. This issuance features a "3M KIBOR +1.7%" profit rate, covering a total issue size of Rs. 25,000,000,000 and an outstanding princip...
Read More »Gammon Pakistan Ltd. Reflects Market Struggles
Karachi, Gammon Pakistan Ltd., operating in the miscellaneous sector, has reflected market struggles. The company's share rate is Rs. 13.12, with a paid-up capital of Rs. 282.66 million. It did not declare any dividends for 2021 and 2022. The stock re...
Read More »Synthetic Products Ltd. Demonstrates Steady Financial Growth
Karachi, Synthetic Products Ltd., operating in the miscellaneous sector, has demonstrated steady financial growth. The company's share rate is Rs. 14.49, with a paid-up capital of Rs. 998.68 million. It announced a 5% plus 8% bonus for 2021 and a 10% ...
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