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...
Read More »Kashf Foundation Accesses Capital Markets with Four-Year TFC
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...
Read More »ABL Stock Fund Announces Modest Year-End Distribution
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...
Read More »Power Holding Limited Issues Another 10-Year Sukuk at a Unique Profit Rate
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...
Read More »Askari Bank Limited Commits to Decade Long Tier-II TFC
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...
Read More »Alfalah GHP Islamic Income Fund Delivers Strong Returns in 2023
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% ...
Read More »TPL Corp Limited Issues Five-Year TFC with Competitive Profit Rate
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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