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Fatima Fertilizer Announces Yearly Financial Overview

November 2, 2023 Uncategorized

Karachi: Fatima Fertilizer Company Ltd. (FATIMA) displayed a today's rate of Rs. 32.47, with an average rate of Rs. 32.41. The company revealed a paid-up capital of Rs. 21,000 million as of December. A 35% distribution was reported for both 2021 and 2...

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NIT Pakistan Gateway Reports Yearly Financial Data

November 2, 2023 Uncategorized

Karachi: NIT Pakistan Gateway.XD NC (NITGETF) has released its yearly financial data on the Pakistan Stock Exchange. The ETF has a fund size of Rs. 47.377 million and has reported a daily rate of 12.72. It also presented its daily weighted average rat...

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TPL Corp Limited Announces Issuance of Sukuk and TFC Securities

November 2, 2023 Uncategorized

Karachi: TPL Corp Limited has recently made an announcement regarding the issuance of Sukuk, denoted as TPLSC, with a face value of Rs. 100,000. The tenor for this Sukuk is set at 5 years and has a profit rate based on 3M KIBOR + 2.25%. The total issu...

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P.S.O. November Futures Close Marginally Higher

November 2, 2023 Uncategorized

Karachi: The November futures for Pakistan State Oil (PSO-NOVB) registered a minimal gain, opening at PKR 146.8 and closing at PKR 146.99. The trading range was narrow, with a low of PKR 143.32 and a high of PKR 144.64, on a traded volume of 1,004,000...

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Khyber Textile Mills Ltd Holds Its Ground Without Dividend Announcements

November 2, 2023 Uncategorized

Karachi: The share price for Khyber Textile Mills Ltd (KHYT) stood firm at Rs. 738.81, despite no dividend being announced for the years 2021, 2022, or 2023. The company's paid-up capital is Rs. 12.28 million. In the current trading year, shares reach...

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Summit Bank Limited Introduces Seven-Year TFC at 6M KIBOR+3.25% Profit Rate

November 2, 2023 Uncategorized

Karachi: Summit Bank Limited has announced its new TFC, SMBLTFC, which has a face value of 5,000 and a tenor lasting seven years. The profit rate is fixed at 6M KIBOR+3.25%. The total issue size stands at Rs. 1,500,000,000, with an outstanding princip...

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Pak Qatar Islamic Stock Fund Receives 3-Star Ranking from PACRA

November 2, 2023 Business

KARACHI, The Pakistan Credit Rating Agency (PACRA) has assigned an initial 3-Star ranking to the Pak Qatar Islamic Stock Fund, reflecting its performance within the backdrop of the broader Pakistani stock market's growth over the past year.According to...

The post Pak Qatar Islamic Stock Fund Receives 3-Star Ranking from PACRA appeared first on Pakistan Business News.

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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

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

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

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

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

    2 days ago

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