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K-Electric Limited’s Sukuk Nears Coupon Date Amidst Stable Tenure

November 15, 2023 Uncategorized

Karachi: K-Electric Limited's Sukuk, KELSC6, with a seven-year term, is set for its next coupon payment on 23-Nov-2023. The Sukuk bears a profit rate of 3M KIBOR+1.7% against a total issue size of PKR 6,700,000,000, entirely outstanding. Each market l...

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HBL Islamic Financial Planning Fund Active Allocation Plan Reports at Pakistan Stock Exchange

November 15, 2023 Uncategorized

Karachi: HBL Islamic Financial Planning Fund Active Allocation Plan, listed in 2017, showed an offer price of 96.89 and a redemption price of 94.75 as of June 2023. The fund, which ends its fiscal year in June, did not announce any distributions for b...

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Hub Power Holdings Limited’s Sukuk Set for Mid-2024 Coupon Payment

November 15, 2023 Uncategorized

Karachi: Hub Power Holdings Limited's Sukuk, HUBPHLSC, is set for its coupon payment on 12-May-2024. The 5-year Sukuk has a face value of PKR 100,000 per lot, operating with a profit rate of 6M KIBOR+2.5%. The total issue size of PKR 6,000,000,000 is ...

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Alfalah Islamic Rozana Amdani Fund Shows Stable Performance

November 15, 2023 Uncategorized

Karachi: The Alfalah Islamic Rozana Amdani Fund, which began its operations in 2020, has shown a stable performance in the Pakistan Stock Exchange with an offer price of 100.57 and a redemption price of 100 as of the end of June. The fund’s approach r...

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Faysal Islamic Savings Growth Fund Sees Positive Yield

November 15, 2023 Uncategorized

Karachi: Listed in 2010, the Faysal Islamic Savings Growth Fund reported an offer price of 114.43 and a redemption price of 111.9. With the fiscal year ending in June, the fund has declared a 4.70% yield and distributed Rs 4.31 per unit, indicating a ...

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Synthetic Products Enterprises Limited Maintains Dividend Payout and Share Price

November 15, 2023 Uncategorized

Karachi: Synthetic Products Enterprises Limited, listed as SPEL, reported a slight increase in its share price to PKR 13.14, up from a daily weighted average of PKR 13.13. The company has a paid-up capital of PKR 998.68 million, with a 5% cash and an ...

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UBL Special Savings Fund Reports Year-End Prices for Various Plans

November 15, 2023 Uncategorized

Karachi: UBL Special Savings Fund has released its year-end prices for several of its plans for the year 2022-2023. Among the notable plans, UBL Special Savings Plan-I reported an offer price of 104.82 and a redemption price of 103.68. Meanwhile, UBL ...

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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 Forecasts Rain-Wind/Thundershower Across Several Regions

    2 days ago
  • UNESCO Adds 12 More Pakistani Sites to Tentative World Heritage List

    2 days ago
  • President Lauds Saudi Envoy for Strengthening Pak-Saudi Ties

    2 days ago
  • Sindh Government Launches Initiative to Restore Indus Delta

    2 days ago
  • DPM, Uzbek FM Discuss Matters of Mutual Interest

    2 days ago

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