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Karachi: The Alhamra Islamic Stock Fund, established in 2011, reported its financial figures for the year with an offer price of 12.42 and a redemption price of 12.01. The fund did not declare any distributions for the years 2021 and 2022.

Karachi: Faran Sugar Mills Ltd. (FRSM) reported challenging financial conditions in the Pakistan Stock Exchange. The company's rate was Rs. 84.75, with a daily average of Rs. 84.50. With a paid-up capital of Rs. 250.07 million, Faran Sugar Mills decla...

Karachi: The UBL Pakistan Enterprise ETF, trading as UBLPETF, posts a rate of PKR 13.20 for today, with an equivalent daily weighted average rate. With a fund size of PKR 32.562 million as of June, the ETF has a distribution yield of 7.20% and a divid...

Karachi, HBL has inaugurated its eighth Islamic Prestige Lounge at GPO Haider Chowk in Rawalpindi, expanding its exclusive banking services for high-net-worth individuals. This new addition to HBL's Prestige network, which now spans across 17 cities in...

The post HBL Launches Islamic Prestige Lounge in Rawalpindi appeared first on Pakistan Business News.

Karachi, AGL held a corporate briefing session today to discuss its performance and projections for the 2023 fiscal year, revealing key insights into its operations, financial strategies, and market position.According to AKD Research, AGL anticipates t...

The post AGL Discusses 2023 Performance and Strategies in Corporate Briefing, Projects Urea Market Share Growth appeared first on Pakistan Business News.

Karachi, VIS Credit Rating Company Ltd. (VIS) has revised the rating outlook for International Industries Limited (IIL) from 'Rating Watch - Developing' to 'Stable', while maintaining its entity ratings at 'AA-/A-1'. This revision reflects IIL's resili...

The post VIS Revises Outlook for International Industries Limited to Stable, Maintains Ratings appeared first on Pakistan Business News.

Lahore, The Pakistan Credit Rating Agency Limited (PACRA) has maintained the entity ratings of Glamour Textile Mills Limited (GLMT), reflecting its adequate market share in Pakistan's textile spinning industry. Despite challenges such as raw material a...

The post PACRA Maintains Ratings for Glamour Textile Mills Amid Textile Industry Challenges appeared first on Pakistan Business News.