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Karachi, Hub Power Holdings Limited has introduced its Sukuk (HUBPHLSC) with a market lot of 1 and a face value of Rs. 100,000. The five-year tenor security offers a profit rate of "6M KIBOR +2.5%", with both its total issue size and outstanding princ...

Karachi, The AKD Opportunity Fund, listed since 2006, reported an offer price of PKR 120.34 and a redemption price of PKR 116.84. The fund declared a 26.00% distribution for the year. The previous book closure date was not specified. These details wer...

Karachi, The ABL Special Savings Fund, a recent entrant to the Pakistan Stock Exchange in 2019, reported no offer price for the year ending June 2023. However, it listed a redemption price of PKR 10.76. The fund's performance for the year in terms of ...

Karachi, Dawood Lawrencepur Ltd NC (DLL) ended the day at PKR 223.67 per share. The company, with a paid-up capital of PKR 593 million and listed since 1953, announced distributions of 62.5% for 2021 and 70% for 2022. DLL's shares reached a high of PK...

Karachi, Mian Zahid Hussain Chairman of the National Business Group Pakistan and President of the Pakistan Businessmen and Intellectuals Forum, asserted on Monday that the recent surge in terrorist incidents in Pakistan coincides with improved economic...

The post Chairman of National Business Group Pakistan Links Surge in Terrorist Incidents to Improved Economic Conditions and Investment Deals appeared first on Pakistan Business News.

Karachi, The industrial community of the Sindh Industrial Trading Estate (SITE) area in Karachi has expressed strong approval for the efforts of Sindh Caretaker Chief Minister Justice (retd) Maqbool Baqar and Sindh Minister for Industries, Commerce and...

The post Karachi Industrialists Laud SITE and Sindh Leaders for Business-Friendly Initiatives appeared first on Pakistan Business News.

Karachi, Pakistan's Large Scale Manufacturing (LSM) sector experienced a downturn in October 2023, recent report by the Pakistan Bureau of Statistics (PBS). After two consecutive months of positive growth, LSM registered a 4.1% year-on-year decline in ...

The post Pakistan’s Large Scale Manufacturing (LSM) Sector Experiences Decline in October 2023, Raising Concerns for Fiscal Year 2024 appeared first on Pakistan Business News.