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Meezan Pakistan ETF Announces Distribution Amidst Stable Trading

November 15, 2023 Uncategorized

Karachi: Meezan Pakistan ETF (MZNPETF) has announced a 12.5% distribution, reflected in its closing rate of PKR 11.09 and a comparable daily weighted average rate of PKR 11.06. The fund's paid-up capital stands at PKR 70.344 million, with an EPS of PK...

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Alfalah GHP Money Market Fund Delivers Solid Returns in PSE

November 15, 2023 Uncategorized

Karachi: The Alfalah GHP Money Market Fund, another open-end mutual fund, delivered solid returns in the Pakistan Stock Exchange as of November 15, 2023. The fund's offer price was PKR 101.02, and the redemption price was PKR 99.89. The fund achieved ...

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Pakistan Petroleum (Preference) Records Minimal Turnover in PSE

November 15, 2023 Uncategorized

Karachi: Pakistan Petroleum (Preference), trading under the code NT, recorded minimal turnover on the Pakistan Stock Exchange on November 15, 2023. The stock traded at a nominal rate of PKR 0.14. The company, with distributions of 30% in 2021, 20% in ...

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HUBCSC4 Sukuk Set for March 2024 Coupon Amid Favorable Terms

November 15, 2023 Uncategorized

Karachi: Another issuance from The Hub Power Company Limited, the HUBCSC4 sukuk, is scheduled for a coupon payment on 19-Mar-2024. This four-year sukuk, carrying a profit rate of 1 Yr KIBOR + 1.9%, has a total issue size of PKR 5,000,000,000 with PKR ...

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Allied Capital Protected Fund Shows Modest Returns in PSE

November 15, 2023 Uncategorized

Karachi: The Allied Capital Protected Fund, an open-end mutual fund, showed modest returns in the Pakistan Stock Exchange as of November 15, 2023. While no offer or redemption prices were reported, the fund declared earnings of Re 0.2715 per unit for ...

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Al Ameen Islamic Financial Planning Fund II Active Allocation Plan X Reports at Pakistan Stock Exchange

November 15, 2023 Uncategorized

Karachi: Al Ameen Islamic Financial Planning Fund II Active Allocation Plan X, which began trading in 2018, showed an offer price of 99.79 and a redemption price of 97.8 as of June 2023. The fund, ending its fiscal year in June, did not announce any d...

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Pakistan Aluminium Beverage Cans Ltd. Delivers Strong Earnings and Dividend

November 15, 2023 Uncategorized

Karachi: Pakistan Aluminium Beverage Cans Ltd., known by the symbol PABC, closed its share price at PKR 58.57, which is below the daily weighted average of PKR 59.28. The company, with a significant paid-up capital of PKR 3,611.08 million, declared a ...

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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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