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Agha Steel Industries Limited Strengthens Market with Sukuk Issuance

December 8, 2023 Uncategorized

Karachi, Agha Steel Industries Limited has fortified its financial position by issuing a Sukuk worth Rs. 5 billion, with Rs. 3.75 billion currently outstanding. The security, listed as AGSILSC on the Pakistan Stock Exchange, is set for a six-year term...

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HBL Multi Asset Fund Records Moderate Yield

December 8, 2023 Uncategorized

Karachi, Since its inception in 2008, the HBL Multi Asset Fund has recorded a moderate 4.00% yield for the year ending June 2023. The fund's offer price stands at Rs 116.24, maintaining a steady position in the multi-asset market.

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HBL Total Treasury ETF Maintains Stability in Debt Market

December 8, 2023 General

Karachi, The HBL Total Treasury ETF, trading under the symbol "HBLTETF (07-DEC-23) *," has showcased a stable presence in the debt exchange-traded funds category of the Pakistan Stock Exchange. With today's closing rate at Rs. 11.00 and a daily weight...

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Samba Bank Limited Issues Ten-Year TFC to Bolster Market Position

December 8, 2023 Uncategorized

Karachi, Samba Bank Limited has issued a Tier-II TFC, "SBLTFC," with a ten-year tenure, as noted in its filing with the Pakistan Stock Exchange. The TFC has a total issue size of Rs. 5 billion, with Rs. 4.997 billion outstanding. It is scheduled for i...

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K-Electric Limited Charges Ahead with Seven-Year Sukuk

December 8, 2023 Uncategorized

Karachi, K-Electric Limited has issued a seven-year Sukuk, "KELSC6," to raise funds for its operations. This Islamic financial instrument has a total issue size of Rs. 6.7 billion, with an equivalent outstanding principal. With a market lot of 1 and a...

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UBL Growth & Income Fund Maintains Market Presence

December 8, 2023 Uncategorized

Karachi, The UBL Growth & Income Fund, listed in 2006, reported its financial details for the year ending in June 2023. The fund continues to be a part of the growth and income mutual funds sector of the Pakistan Stock Exchange.

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Bank Alfalah Limited Maintains Strong Presence in Debt Securities Market

December 8, 2023 Uncategorized

Karachi, Bank Alfalah Limited has sustained a notable presence in the publicly issued debt securities market, as reported to the Pakistan Stock Exchange. The bank has two different Term Finance Certificates (TFCs) listed. The first, BAFLTFC6, is a Tie...

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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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