Karachi, K-Electric Limited has entered the debt market with its Sukuk security (KELSC5), valued at Rs. 5,000 per unit. This issuance features a "3M KIBOR +1.7%" profit rate, covering a total issue size of Rs. 25,000,000,000 and an outstanding princip...
Read More »Gammon Pakistan Ltd. Reflects Market Struggles
Karachi, Gammon Pakistan Ltd., operating in the miscellaneous sector, has reflected market struggles. The company's share rate is Rs. 13.12, with a paid-up capital of Rs. 282.66 million. It did not declare any dividends for 2021 and 2022. The stock re...
Read More »Synthetic Products Ltd. Demonstrates Steady Financial Growth
Karachi, Synthetic Products Ltd., operating in the miscellaneous sector, has demonstrated steady financial growth. The company's share rate is Rs. 14.49, with a paid-up capital of Rs. 998.68 million. It announced a 5% plus 8% bonus for 2021 and a 10% ...
Read More »Alfalah Islamic Money Market Fund Listed with No Prices or Distributions for 2023
Karachi, The newly listed Alfalah Islamic Money Market Fund, added to the Pakistan Stock Exchange in 2023, has yet to report any offer or redemption prices or distributions for the year.
Read More »Redco Textiles Ltd Reports Modest Market Activity
Karachi, Redco Textiles Ltd (REDCO), active in the textile industry, ended at Rs. 6.30 on the Pakistan Stock Exchange. The company, with a paid-up capital of Rs. 492.93 million, had a daily weighted average rate of Rs. 6.26. REDCO did not announce any...
Read More »Bank Al Habib Limited Releases Tier-II TFC
Karachi, Bank Al Habib Limited has issued a "TFC (Tier-II)" (BAHLTFC10) with a market lot of 1 and face value of Rs. 5,000. This ten-year tenor security features a profit rate of "6M KIBOR +1.35%", covering a total issue size and outstanding principal...
Read More »Engineering Sector Reports Decline in Index on PSX
Karachi, The Engineering sector in the Pakistan Stock Exchange witnessed a decline in its index. The sector's market capitalization was Rs. 117,207,371,227, with a turnover of 13,491,589 and a traded value of Rs. 269,844,230.29. The index decreased by...
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