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AL Habib Islamic Income Fund Shows Stable Performance

November 10, 2023 Uncategorized

Karachi: AL Habib Islamic Income Fund, listed since 2017, reported an offer price of Rs. 102.71 and a redemption price of Rs. 101.69 as of November 10, 2023. The fund, ending its financial year in June, offers a Shariah-compliant income option for inv...

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Hala Enterprises Ltd. Reports No Distributions in 2023

November 10, 2023 Uncategorized

Karachi: Hala Enterprises Ltd. (HAEL), listed since 1991, closed at Rs. 17.85. The company reported no distributions for the years 2021, 2022, and 2023. With a paid-up capital of Rs. 2,974 million, HAEL's daily weighted average rate was Rs. 20.99, sho...

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Askari Sovereign Cash Fund Records Consistent Performance on Pakistan Stock Exchange

November 10, 2023 Uncategorized

Karachi: Askari Sovereign Cash Fund, operational since 2009, reported both an offer and redemption price of Rs. 100.98 as of November 10, 2023. The fund, with a financial year ending in June, distributed "Rs 4.2976 per unit" to its investors, offering...

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Ahmad Hassan Textile Mills Limited Shows Notable Performance on PSE

November 10, 2023 Uncategorized

Karachi: Ahmad Hassan Textile Mills Limited, trading as AHTM, exhibited a closing rate of Rs. 45.56 on the Pakistan Stock Exchange as of November 10, 2023. The company, with a June financial year-end, declared distributions of 20.5% in 2021, 22.50% in...

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Al Meezan Mutual Fund Shows Consistent Performance on Pakistan Stock Exchange

November 10, 2023 Uncategorized

Karachi: Al Meezan Mutual Fund, operational since 2011, reported an offer price of Rs. 20.8 and a redemption price of Rs. 20.34 as of November 10, 2023. The fund, with a June financial year-end, provides a stable mutual fund investment option for inve...

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Mughal Iron & Steel Industries Limited Offers Five-Year Sukuk

November 10, 2023 Uncategorized

Karachi: Mughal Iron & Steel Industries Limited has offered a Sukuk for a five-year tenure, with a profit rate based on 3-month KIBOR plus 1.3%. With a market lot of 1 and a face value of Rs. 1,000,000, the total issue size reaches Rs. 3,000,000,000, ...

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Atlas Islamic Fund of Funds Offers Diverse Islamic Plans

November 10, 2023 Uncategorized

Karachi: Atlas Islamic Fund of Funds, operational since 2019, provides various Islamic investment plans. The Aggressive Allocation Islamic Plan had a price of Rs. 687.93, while the Conservative Allocation Islamic Plan was priced at Rs. 647.01. The Mod...

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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 Predicts Partly Cloudy Weather Conditions With Rain, Wind and Thundershowers

    3 days ago
  • DPM Reaffirms Pakistan’s Support for UN and Multilateralism

    3 days ago
  • Junaid Calls for Protection of Pakistan’s Mangroves

    3 days ago
  • Investigations Reveal Banned Joint Action Committee’s India Nexus: Tarar

    3 days ago
  • Pakistan and Kazakhstan Collaborate to Launch Joint Research Centre

    3 days ago

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