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ABL Islamic Asset Allocation Fund Maintains Steady Rate

December 7, 2023 Uncategorized

Karachi, The ABL Islamic Asset Allocation Fund showcased a stable market rate in its latest update. The fund's rate today stands at 11.04, closely aligned with its daily weighted average of 10.67. As of June 2023, the fund reported a 'NL' distribution...

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Bank Al-Falah Records Notable Stock Activity on Pakistan Stock Exchange

December 7, 2023 Uncategorized

Karachi, Bank Al-Falah, trading on the Pakistan Stock Exchange under the code BAFL, experienced notable fluctuations in its stock prices on December 7, 2023. The bank's shares showed varied trading activity, indicative of diverse investor interest. ...

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GOC (Pak) Limited Shows Modest Gains Amidst No Dividends

December 7, 2023 Uncategorized

Karachi, GOC (Pak) Limited (GOC) recorded modest gains with an earnings per share of Rs. 0.78, despite not declaring any dividends for the year. With a capital of Rs. 73.49 million, the company's shares saw a high of Rs. 68.9 and a low of Rs. 42.75. S...

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Murree Brewery Witnesses Modest Increase in Stock Price

December 7, 2023 Uncategorized

Karachi, Murree Brewery (MUREB) experienced a modest rise in its stock value, opening at PKR 383 and closing at PKR 384.98. The stock's low and high for the day were PKR 374.55 and PKR 375.43, respectively, with 49,300 shares traded.

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United Bank Limited Commits to Perpetual Tier-I Capital Raising

December 7, 2023 Uncategorized

Karachi, United Bank Limited has issued perpetual securities (UB LTFC 5), aimed at raising Tier-I capital. The profit rate for these securities is set at 3M KIBOR+1.55%, with each market lot valued at Rs. 5,000. The total issue size is Rs. 10,000,000,...

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Habib Bank Limited Lists Perpetual TFC Worth Over Rs. 12 Billion

December 7, 2023 Uncategorized

Karachi, Habib Bank Limited has listed a "TFC (Tier-I)" security, HB LTFC 2, with a perpetual tenure and a total issue size of Rs. 12,374,000,000. Each security has a face value of Rs. 100,000 and promises a profit rate of "3M KIBOR+1.6%". The upcomin...

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Shifa International Hospitals Ltd Announces Dividend Amid Positive Growth

December 7, 2023 Uncategorized

Karachi, Shifa International Hospitals Ltd (SHFA) announced a 15% dividend after a 2% bonus and a 30% dividend earlier in the year, reflecting positive growth. With a paid-up capital of Rs. 632.14 million, the company's shares were traded between Rs. ...

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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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