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Alhamra Islamic Income Fund Reports Prices and Distributions

December 8, 2023 Uncategorized

Karachi, Alhamra Islamic Income Fund, listed in 2011, announced its offer and redemption prices as of June 2023. The fund's offer price stood at 110.41. It reported distributions for previous years, with 2021 seeing a distribution of Rs 6.10 per unit ...

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Apna Microfinance Bank Ltd Reflects Market Position

December 8, 2023 Uncategorized

Karachi, Apna Microfinance Bank Ltd (AMBL) reflected its market position in the Pakistan Stock Exchange. The company, with a paid-up capital of PKR 4,289.85 million as of December, has been listed since 2005. It did not report today's rate or declare ...

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The Bank of Punjab Strengthens Capital Structure with Perpetual TFC

December 8, 2023 Uncategorized

Karachi, The Bank of Punjab has issued a perpetual Tier-I TFC, "BOPTFC2," as a part of its capital enhancement strategy. The TFC carries a total issue size of Rs. 8.0175 billion, fully outstanding, and is due for its next coupon on December 20, 2023. ...

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JS Momentum Factor ETF Capitalizes on Market Trends

December 8, 2023 Uncategorized

Karachi, The JS Momentum Factor ETF (JSMFETF) continued its trajectory in the equity market, closing today at Rs. 14.05 with a corresponding daily weighted average rate. The fund, which has a market lot of 500, experienced a substantial turnover of 32...

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HBL Investment Fund – Class B Maintains Market Position

December 8, 2023 Uncategorized

Karachi, The HBL Investment Fund - Class B, listed in 2018, has maintained its market position. As of December 2023, the fund's offer price is Rs 8.09, with no distributions reported for the year ending in June 2023.

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Samba Bank Limited Shows Consistent Market Growth

December 8, 2023 Uncategorized

Karachi, Samba Bank Limited (SBL) showed consistent growth in the Pakistan Stock Exchange. The bank's rate today was PKR 8.93, with a daily weighted average rate of PKR 8.63. It has a paid-up capital of PKR 10,082.39 million as of December. Listed in ...

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Summit Bank Limited’s Long-Tenure TFC in the Market

December 8, 2023 Uncategorized

Karachi, Summit Bank Limited has entered the debt market with its 7-year Term Finance Certificate (SMBLTFC), as per the details provided to the Pakistan Stock Exchange. This TFC, with a market lot of 1 and a face value of Rs. 5,000, features an intere...

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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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