Karachi: Interloop Ltd. experienced a notable increase in its closing price during today's trading on the Pakistan Stock Exchange. The textile giant opened the day at PKR 57.49 and closed significantly higher at PKR 59.88. The stock hit a low of PKR 5...
Read More »Power Holding Limited Secures Financing through Sukuk; Coupon Due March 2024
Karachi: Power Holding Limited has secured financing via a Sukuk with a 10-year tenor and a profit rate of the 6-month KIBOR plus 0.8%. The substantial issue size of PKR 200 billion is fully outstanding. The next coupon is expected to be paid on 01st ...
Read More »BECO Steel Ltd Ends Day at PKR 7.31; Announces 10% Dividend
Karachi: BECO Steel Ltd, trading as BECO, ended the day at PKR 7.31. The company declared a 10% dividend for June. Since its 1989 listing, it reached a high of PKR 11 and a low of PKR 6.95, with a turnover of 8,719,500 shares and an EPS of PKR 0.09 fo...
Read More »Ghani Glass Ltd Announces Dividend and Rights Issue; Shares at PKR 25.58
Karachi: Ghani Glass Ltd, listed as GHGL, closed at PKR 25.58. The company declared dividends of 95% and 55% rights, followed by 25% and 20% along with a 19.1% bonus for June. Since its 1994 listing, the stock reached a high of PKR 39.15 and a low of ...
Read More »Mehmood Textile Maintains Steady Trading at Opening Price
Karachi: Mehmood Textile (MEHT) saw its shares unchanged in price throughout the day, maintaining its opening and closing figure at 483.5. With limited trading activity, the volume stood at 100 shares, and the stock did not fluctuate, closing at the d...
Read More »Bank Alfalah Limited Offers Fixed Rate on 3-Year TFC; Coupon Payment Set for January 2024
Karachi: Bank Alfalah Limited, continuing its foray into debt financing, has offered a TFC, BAF LTFC 7, with a fixed profit rate of 9.03% over a tenor of 3 years. This security, with a market lot size of 5,000, has been entirely subscribed with an iss...
Read More »The Hub Power Company Limited Lists Sukuk with Payment Due in August 2023
Karachi: The Hub Power Company Limited has placed a 4-year Sukuk on the market, offering a return based on the 3-month KIBOR plus 1.8%. With a total issue size of PKR 7 billion, there is an outstanding principal of PKR 3.5 billion. The next coupon is ...
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