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AKD Islamic Daily Dividend Fund Stabilizes in First Year

November 16, 2023 Uncategorized

Karachi, (PPI Bot): The AKD Islamic Daily Dividend Fund, newly listed in 2023 on the Pakistan Stock Exchange, reported its initial financial results. The fund registered both its offer and redemption prices at PKR 50. It did not declare any distributi...

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Cherat Cement Co. Ltd. Maintains Steady Dividend Payout

November 16, 2023 Uncategorized

Karachi, (PPI Bot): Cherat Cement Co. Ltd. continues its consistent dividend payout, announcing 45% for the year ending June 2023 following 22.5% and 30% in the prior years. The company's shares traded at PKR 154.02 with a daily average of PKR 154.97....

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Meezan Bank Ltd. Announces Robust Dividend and Bonus Shares

November 16, 2023 Uncategorized

Karachi, (PPI Bot): Meezan Bank Ltd. announced a robust dividend of 60% and bonus shares of 15%, with an additional 85%10%B and 120%(III) distribution. The bank's daily weighted average rate was PKR 145.58, with a high market rate of PKR 140 and a tur...

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UBL Financial Sector Fund Shows Steady Performance

November 16, 2023 Uncategorized

Karachi, (PPI Bot): The UBL Financial Sector Fund, specifically its Conservative Allocation Plan, part of the Pakistan Stock Exchange since 2017, disclosed its financial status for 2023. The fund maintained both its offer and redemption prices at PKR ...

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NIT – Money Market Fund Reports No Distributions in 2023

November 16, 2023 Uncategorized

Karachi, (PPI Bot): Active since 2019, the NIT - Money Market Fund announced its financial performance for the year. The fund maintained both its offer and redemption prices at PKR 9.73. No distributions were reported for 2023.

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Pakistan Income Fund Provides Offer and Redemption Prices

November 16, 2023 Uncategorized

Karachi, (PPI Bot): The Pakistan Income Fund, listed in 2002, provided an offer price of Rs 60.16 and a redemption price of Rs 58.83 for the year ending June 2023. In 2021, the fund distributed Rs 3.54 per unit, while there were no distributions repor...

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NBP Savings Fund Reports Notable Year-End Gains

November 16, 2023 Uncategorized

Karachi, (PPI Bot): The NBP Savings Fund, part of the Pakistan Stock Exchange since 2008, announced its financial performance for 2023. The fund's offer price was PKR 11.02, and the redemption price was PKR 10.66. It declared a distribution of 6.17%, ...

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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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