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Agha Steel Industries Limited’s Sukuk to Pay Next Coupon on January 9, 2024

November 6, 2023 Uncategorized

Karachi: Agha Steel Industries Limited's Sukuk, symbolized as AGSILSC, with a face value of Rs. 1,000,000 per Mkt. Lot and a tenor of 6 years, offers a profit rate of "3M KIBOR + 0.8%". The total issue size for this security is Rs. 5,000,000,000, and ...

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NBP Islamic Sarmaya Izafa Fund Delivers Strong Distribution Figures

November 6, 2023 Uncategorized

Karachi: The NBP Islamic Sarmaya Izafa Fund, with a year of listing in 2007, reported a notable distribution rate of 17.32% for the period ending June 2023. The fund's offer price stood at PKR 19.13, while the redemption price was reported at PKR 18.5...

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Atlas Income Fund Declares PKR 24 Per Unit Distribution

November 6, 2023 Uncategorized

Karachi: The Atlas Income Fund, with a notable offer and redemption price parity at PKR 566.16 and PKR 566.17 respectively, has declared a distribution of PKR 24 per unit. This distribution aligns with a reported 5.40% yield for June 2023. The fund ha...

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Colony Textile Mills Ltd Remains Active in Market Without Distributions

November 6, 2023 Uncategorized

Karachi: Colony Textile Mills Ltd (CTM), holding a significant paid-up capital of PKR 4,980.10 million, reported a closing share rate of PKR 2.43, slightly above its daily average. CTM has consistently opted not to distribute dividends, with no declar...

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Alfalah GHP Income Fund Declares Distribution for Fiscal Year

November 6, 2023 Uncategorized

Karachi: For the fiscal year ending in June 2023, Alfalah GHP Income Fund, which has been active since 2007, reported a distribution of 4.07%, or PKR 5.3659 per unit. No offer or redemption price was disclosed in the recent financial announcement.

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United Insurance Co. of Pakistan Reports Significant Distribution Increase

November 6, 2023 Uncategorized

Karachi: United Insurance Co. of Pakistan Ltd. (UNIC) had a closing rate of PKR 11.09 with a slightly lower daily weighted average rate of PKR 10.99. UNIC, holding a paid-up capital of PKR 3,467.50 million, declared a 45% distribution for the current ...

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Pakistan Cables Ltd Announces Reduced Bonus Issue

November 6, 2023 Uncategorized

Karachi: Pakistan Cables Ltd., represented by the ticker PCAL, ended the trading session with a closing rate of PKR 105.76 and a daily weighted average rate of PKR 107.53. The company, with a paid-up capital of PKR 495.07 million, announced a 20% bonu...

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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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