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Faysal Money Market Fund Distributes 6.95% This Year

November 17, 2023 Uncategorized

Karachi (PPI Bot): The Faysal Money Market Fund, listed since 2011, declared a 6.95% distribution for 2023, following a distribution of Rs 5.04 per unit previously. It reported an offer price of PKR 113.18 and a redemption price of PKR 110.68.

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Ismail Industries Ltd. NC Announces Impressive Distribution Rates

November 17, 2023 Uncategorized

Karachi (PPI Bot): Ismail Industries Ltd. NC (ISIL) today reported a rate of 663.57 RS. The company announced substantial distributions with a 150% cash payout, 40% bonus, and an additional 120% in distributions for the year ending in June. The par va...

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Unity Foods Ltd. NC Demonstrates Solid Market Performance

November 17, 2023 Uncategorized

Karachi (PPI Bot): Unity Foods Ltd. NC (UNITY) has announced a trading rate of 27.32 RS with a daily weighted average rate of 11,940.50 RS. The company reported no regular distributions but declared a 20.12% right issue for the year ending in June. Th...

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HBL Total Treasury ETF Reports Investment Metrics

November 17, 2023 Uncategorized

Karachi (PPI Bot): HBL Total Treasury ETF (HBLTETF), marked on 16-NOV-23, posted a today's rate of 10.95 RS with a daily weighted average rate of 10.94. The fund size is 537.670 million RS with no listed distributions and a fixed income return of 14%....

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K-Electric Limited Announces Coupon for 7-Year Sukuk

November 17, 2023 Uncategorized

Karachi (PPI Bot): K-Electric Limited has made public its 7-year Sukuk, KELSC6, with a market lot size of 1 and a face value of 100,000 PKR. The profit rate is defined as 3M KIBOR + 1.7%. The total issue size is 6,700,000,000 PKR, which is also the cu...

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U Microfinance Bank Limited Announces Fixed Rate on Privately Placed Debt

November 17, 2023 Uncategorized

Karachi (PPI Bot): U Microfinance Bank Limited has successfully placed a Term Finance Certificate (TFC) with a market lot of 1 and a face value of 100,000 PKR. The debt, with a tenure of 4 years, carries a profit rate of 6M KIBOR + 1.35%. The total is...

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Askari General Insurance Co. Maintains Steady Growth in 2023

November 17, 2023 Uncategorized

Karachi (PPI Bot): Askari General Insurance Co. reported a consistent financial performance for the year ending October 2023. The company, with a paid-up capital of Rs. 719.02 million, achieved a turnover of 1,794,000. Its daily weighted average rate ...

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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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