Karachi, TPL Corp Limited has entered the debt securities market with two new instruments, a Sukuk and a TFC, both with a tenure of 5 years. The Sukuk, "TPLSC," has a total issue size of Rs. 2.19 billion, with the same amount outstanding and a next co...
Read More »Bank Al Habib Limited Enhances Long-Term Capital with Tier-II TFC
Karachi, Bank Al Habib Limited has introduced a Tier-II TFC, "BAHLTFC10," with a ten-year term to the financial market. With a total issue size of Rs. 7 billion, the same amount is outstanding. The bank has set the next coupon date for December 23, 20...
Read More »Unicap Modaraba Shows Market Position
Karachi, Unicap Modaraba (UCAPM) showed its market position in the Pakistan Stock Exchange. The modaraba's rate today was PKR 1.86, with a daily weighted average rate of PKR 1.80. It has a paid-up capital of PKR 236.40 million as of June. Listed in 19...
Read More »United Bank Limited’s Perpetual TFC Attracts Market Interest
Karachi, United Bank Limited has actively participated in the debt securities market with its Tier-I TFC, UBLTFC5, as reported to the Pakistan Stock Exchange. This perpetual security has a market lot of 1 and a face value of Rs. 5,000. The interest ra...
Read More »Meezan Pakistan ETF Delivers Consistent Returns
Karachi, Meezan Pakistan ETF (MZNPETF), trading at a daily weighted average rate of Rs. 12.60, mirrors its closing rate for the day. The ETF, with a market lot of 500, saw a turnover of 7,137,500. MZNPETF has declared a 12.5% distribution for investor...
Read More »Habib Insurance Co. Ltd. Maintains Steady Market Performance
Karachi, Habib Insurance Co. Ltd. (HICL) maintained steady performance in the Pakistan Stock Exchange. The company's rate today was PKR 6.43, with a daily weighted average rate of PKR 6.47. It has a paid-up capital of PKR 619.37 million as of December...
Read More »Habib Bank Limited Bolsters Market Offerings with New Perpetual TFC
Karachi, Habib Bank Limited has expanded its portfolio of financial instruments with the issuance of a perpetual Tier-I TFC, "HBLTFC3," which has a total issue size of Rs. 6.5 billion, all outstanding. With a market lot of 1 and a face value of Rs. 10...
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