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UBL Stock Advantage Fund Delivers Consistent Year-End Returns

November 20, 2023 Uncategorized

Karachi, (PPI Bot): The UBL Stock Advantage Fund, a participant in the Pakistan Stock Exchange since 2006, revealed its financial performance for the year ending June 2023. The fund reported an offer price of Rs 98.68 and a redemption price of Rs 95.9...

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Kashf Foundation Accesses Capital Markets with Four-Year TFC

November 20, 2023 Uncategorized

Karachi, (PPI Bot): Kashf Foundation has accessed the capital markets with a four-year TFC, KFTFC1, totaling PKR 2 billion in issue size, with an outstanding principal of PKR 666.666 million. The profit rate is marked at 3M KIBOR+2.25%, and the next c...

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ABL Stock Fund Announces Modest Year-End Distribution

November 20, 2023 Uncategorized

Karachi, (PPI Bot): The ABL Stock Fund, a part of the Pakistan Stock Exchange since 2009, has released its year-end financial figures for June 2023. The fund's offer price was Rs 17.5, and the redemption price was Rs 17.11. It reported a year-end dist...

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Power Holding Limited Issues Another 10-Year Sukuk at a Unique Profit Rate

November 20, 2023 Uncategorized

Karachi, (PPI Bot): In a subsequent offering, Power Holding Limited has issued a 10-year Sukuk, PESC2, with a total issue size of PKR 199.9668 billion, which is also the amount of the outstanding principal. The Sukuk carries a unique profit rate of 6M...

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Askari Bank Limited Commits to Decade Long Tier-II TFC

November 20, 2023 Uncategorized

Karachi, (PPI Bot): In a continued effort to strengthen its capital base, Askari Bank Limited has placed a 10-year Tier-II Term Finance Certificate, AKBLTFC7. The TFC, with a market lot of one and a face value of PKR 1,000,000, offers a profit rate of...

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Alfalah GHP Islamic Income Fund Delivers Strong Returns in 2023

November 20, 2023 Uncategorized

Karachi, (PPI Bot): Alfalah GHP Islamic Income Fund, listed since 2009, disclosed its year-end financial results for June 2023. The fund's offer price was Rs 112.14, and the redemption price was Rs 110.89. It declared a year-end distribution of 4.72% ...

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TPL Corp Limited Issues Five-Year TFC with Competitive Profit Rate

November 20, 2023 Uncategorized

Karachi, (PPI Bot): TPL Corp Limited has placed a five-year Term Finance Certificate, TPLTFC3, with an issue size of PKR 2.265 billion, which is also the outstanding principal. The TFC offers a profit rate of 3M KIBOR+2.50%, with the next coupon due o...

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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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