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...
Read More »Bank Al-Falah Records Notable Stock Activity on Pakistan Stock Exchange
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. ...
Read More »GOC (Pak) Limited Shows Modest Gains Amidst No Dividends
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...
Read More »Murree Brewery Witnesses Modest Increase in Stock Price
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.
Read More »United Bank Limited Commits to Perpetual Tier-I Capital Raising
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,...
Read More »Habib Bank Limited Lists Perpetual TFC Worth Over Rs. 12 Billion
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...
Read More »Shifa International Hospitals Ltd Announces Dividend Amid Positive Growth
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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