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Karachi, The Pakistan Credit Rating Agency Limited (PACRA) has maintained its IFS rating of Habib Insurance Company Limited, reflecting the company's stable position in the general insurance industry. The industry as a whole has seen significant growth...

The post PACRA Maintains Stable IFS Rating for Habib Insurance Amidst Industry Challenges appeared first on Pakistan Business News.

Lahore, Mughal Energy Limited (MEL), a subsidiary of Mughal Iron & Steel Industries Limited (MISIL), is making significant strides in the energy sector with its ongoing project to install a 36.5MW hybrid capt...

The post Mughal Energy Limited Progresses on 36.5MW Hybrid Power Plant, Receives Stable Ratings from PACRA appeared first on Pakistan Business News.

Karachi, The Pak Qatar Islamic Cash Fund continues to show robust performance, particularly through its Pak Qatar Daily Dividend Plan (PQDDP). Focused on delivering competitive returns with daily dividends, PQDDP has maintained its stability rating whi...

The post Pak Qatar Daily Dividend Plan Holds Steady in Market, Retains Stability Rating appeared first on Pakistan Business News.

Karachi, (PPI Bot): NIT Pakistan Gateway ETF (NITGETF), valued at PKR 14.48, shows a strong performance with a fund size of PKR 47.377 million. Declaring a 9% distribution and an iNAV of PKR 12.09, the ETF has a market lot of 500. Since its 2020 listi...

The post NIT PAKISTAN GATEWAY ETF SHOWS STRONG PERFORMANCE appeared first on Pakistan Company News.

Karachi, (PPI Bot): Bank Al Habib Limited has strategized its long-term funding with the issuance of perpetual Tier-I bonds (BAHLTFC9). Each bond has a market lot of 1 and a face value of PKR 5,000, offering a profit rate of 6M KIBOR + 1.65%. With a t...

The post BANK AL HABIB LIMITED STRATEGIZES WITH PERPETUAL TIER-I BONDS appeared first on Pakistan Company News.

Karachi, (PPI Bot): The Alfalah Consumer Index ETF (ACIETF), with today's rate at PKR 10.19, demonstrates steady growth with a fund size of PKR 42.913 million as of June. This fund, listed in 2022, has not announced any distribution for the year, main...

The post ALFALAH CONSUMER INDEX ETF REPORTS STEADY GROWTH appeared first on Pakistan Company News.

Karachi, (PPI Bot): "Jahangir Siddiqui Preference Share. NC" (Symbol Code: JSCLPSA), a financial entity, shared its year-end results for December 2023. The company, with a paid-up capital of Rs. 1,831.88 million, closed at Rs. 8.51, with a daily weigh...

The post Jahangir Siddiqui Preference Share Reports Steady Market Performance appeared first on Pakistan Company News.