Karachi: K-Electric Limited has made an entry into the debt market by issuing a Sukuk, KELSC6, with a tenure of 7 years, carrying a profit rate pegged to 3M KIBOR + 1.7%. The power sector company has raised a sum of Rs. 6,700,000,000 through this issu...
Read More »Summit Bank Limited Announces 7-Year TFC at 6M KIBOR+3.25%
Karachi: Summit Bank Limited has released a 7-year Term Finance Certificate (TFC) into the market, with a standard lot size of 1 and a face value of Rs. 5,000. This security offers a profit rate that is the sum of the 6-month KIBOR and an additional 3...
Read More »JS Bank Limited Releases Perpetual Tier-I TFC at 6M KIBOR+2.25%
Karachi: JS Bank Limited has announced its perpetual Tier-I TFC issuance, priced at Rs. 100,000 per certificate. The profit rate is fixed at the 6-month KIBOR with an added 2.25%. The bank has successfully issued TFCs valued at Rs. 2.5 billion, which ...
Read More »Pakistan Aluminium Beverage Cans Ltd Delivers Strong Dividend Payout
Karachi: Pakistan Aluminium Beverage Cans Ltd, listed as PABC, closed at Rs. 61.83, with a daily weighted average rate of Rs. 61.08. The company boasts a significant paid-up capital of Rs. 3,611.08 million. It announced a 15% dividend for 2021 and a s...
Read More »AWT Money Market Fund Holds Steady in June Report
Karachi: The AWT Money Market Fund, listed in 2016, showed a consistent offer and redemption price of Rs. 118.03 in its June 2023 report. The fund declared no distributions this year, according to the details released on the Pakistan Stock Exchange.
Read More »Frontier Ceramics Ltd Marks No Distributions, Maintains Modest Trading Activity
Karachi: Frontier Ceramics Ltd (FRCL) today reported no distributions for the past three years. Trading activity has remained modest with a current rate of PKR 15.99 and paid-up capital at PKR 378.74 million. The company's market lot is fixed at 500. ...
Read More »Air Link Communication Announces 25% Dividend for 2023
Karachi: Air Link Communication (AIRLINK) ended the day at a trading price of Rs. 41.06 with a daily weighted average rate of Rs. 41.26. The company, holding a paid-up capital of Rs. 3,952.69 million, announced a 25% dividend for the year ending in Ju...
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