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Mughal Iron & Steel Industries Limited Offers Five-Year Sukuk

December 1, 2023 Uncategorized

Karachi, (PPI Bot): Mughal Iron & Steel Industries Limited has released a five-year Sukuk (MUGHALSC), with a market lot size of 1 and a face value of 1,000,000 PKR. With a total issue size of 3 billion PKR, there is an outstanding principa...

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Samba Bank Limited Offers 10-Year Tier-II TFC to Investors

December 1, 2023 Uncategorized

Karachi, (PPI Bot): Samba Bank Limited (SBLTFC) has placed a 10-year Tier-II TFC in the market, with a market lot of 1 and a face value of PKR 100,000. The total issue size stands at PKR 5 billion, with a nearly complete outstanding principal of PKR 4...

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Atlas Stock Market Fund Records 3% Distribution in 2023

December 1, 2023 Uncategorized

Karachi, (PPI Bot): Operating since 2004, the Atlas Stock Market Fund reported a 3% distribution for the year ending June 2023. The fund’s offer price was noted at Rs 851.15 per unit, yet no specific redemption price was provided.

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Pakistan Aluminium Beverage Cans Ltd. Records Growth with Dividend Issuance

December 1, 2023 Uncategorized

Karachi, (PPI Bot): Pakistan Aluminium Beverage Cans Ltd. (PABC) closed at PKR 72.28, slightly below the daily average of PKR 73.05. The company declared a 15% dividend and an additional interim dividend of 35%, showcasing a strong market presence wit...

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HBL Growth Fund Reports Solid Earnings and Distributions

December 1, 2023 Uncategorized

Karachi, (PPI Bot): The HBL Growth Fund (HGFA), a close-end mutual fund, has reported an earnings per share (EPS) of Rs. 1.60 for the fiscal year 2021/2022. The fund's today's rate stands at Rs. 8.63 with a daily weighted average rate of Rs. 8.06. Wit...

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Lalpir Power Ltd. Declares Dividends Amid Negative Earnings

December 1, 2023 Uncategorized

Karachi, (PPI Bot): Lalpir Power Ltd. (LPL) announced a year-end dividend of 20% and 35%, with an additional 150% interim dividend, despite a negative EPS of (2.12). The company holds a paid-up capital of 3,798.39 million rupees, with shares trading a...

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NIT Pakistan Gateway ETF Marks Distribution; Attracts Investors

December 1, 2023 Uncategorized

Karachi, (PPI Bot): NIT Pakistan Gateway ETF (NITGETF) closed at PKR 14.73. The ETF declared a 9% distribution and an additional 9.342% for June. With a high of PKR 12.8 and a low of PKR 10.4 for the year, the turnover has been significant, leading to...

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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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