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Atlas Sovereign Fund Reports High Distribution Yield

December 8, 2023 Uncategorized

Karachi, Listed in 2014, the Atlas Sovereign Fund has reported a significant 9.50% distribution yield for the year ending June 2023. With an offer price of Rs 112.01, the fund distributed Rs 4.75 per unit, highlighting its strong performance in the ma...

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Meezan Rozana Amadani Fund Posts Offer Price of 50

December 8, 2023 Uncategorized

Karachi, Listed in 2019, the Meezan Rozana Amadani Fund reported an offer price of 50 for the year 2023. Ending its financial year in June, the fund remains a noteworthy entity within the mutual fund sector of the Pakistan Stock Exchange.

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Shaheen Insurance Co. Ltd Reflects Market Stability

December 8, 2023 Uncategorized

Karachi, Shaheen Insurance Co. Ltd (SHNI) reflected stability in the Pakistan Stock Exchange. The company's rate today was PKR 3.89, with a paid-up capital of PKR 600.00 million as of December. Listed in 1996, the company did not declare any distribut...

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U Microfinance Bank Limited Issues TFC to Expand Financial Base

December 8, 2023 Uncategorized

Karachi, U Microfinance Bank Limited has announced a new four-year TFC, "UMBLTFC1," with a total and outstanding issue size of Rs. 3.5 billion. With a market lot of 1 and a face value of Rs. 100,000, the bank sets the next coupon date for December 23,...

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JS Global Banking Sector ETF Showcases Growth Amid Market Fluctuations

December 8, 2023 Uncategorized

Karachi, JS Global Banking Sector ETF (JSGBETF) has shown an upswing in the stock market with today's rate closing at Rs. 15.14 and a daily weighted average rate of Rs. 14.99. The ETF, with a market lot of 500, generated a turnover of 5,568,000. For t...

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Trust Securities & Brokerage Demonstrates Strong Market Presence

December 8, 2023 Uncategorized

Karachi, Trust Securities & Brokerage (TSBL) demonstrated strong presence in the Pakistan Stock Exchange. The company's rate today was PKR 12.00, with a paid-up capital of PKR 300.00 million as of June. Listed in 1994, the company did not declare ...

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K-Electric Limited Offers Sukuk with Attractive Interest Rate

December 8, 2023 Uncategorized

Karachi, K-Electric Limited has issued a 7-year Sukuk, KELSC5, as revealed in its financial statements to the Pakistan Stock Exchange. The Sukuk, with a market lot of 1 and a face value of Rs. 5,000, offers an interest rate of 3M KIBOR + 1.7%. It has ...

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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.

  • PMD Forecasts Rain-Wind/Thundershower Across Several Regions

    2 days ago
  • UNESCO Adds 12 More Pakistani Sites to Tentative World Heritage List

    2 days ago
  • President Lauds Saudi Envoy for Strengthening Pak-Saudi Ties

    2 days ago
  • Sindh Government Launches Initiative to Restore Indus Delta

    2 days ago
  • DPM, Uzbek FM Discuss Matters of Mutual Interest

    2 days ago

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