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Lakson Money Market Fund Yields Attractive Returns

November 15, 2023 Uncategorized

Karachi: Operational since 2009, the Lakson Money Market Fund reported an offer price of 104.36 and a redemption price of 103.2. Ending the fiscal year in June, the fund declared a 6.78% yield and distributed Rs 5.1947 per unit. This consistent perfor...

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HBL Growth Fund Marks Steady Performance on PSE Main Board

November 15, 2023 Uncategorized

Karachi: HBL Growth Fund - (A) NC, a close-end mutual fund listed on the Pakistan Stock Exchange (PSE), closed at Rs. 7.71 on November 15, 2023, slightly above its daily weighted average rate of Rs. 7.73. With a paid-up capital of Rs. 2,835 million, t...

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JS Global Banking Sector ETF Posts Notable Growth

November 15, 2023 Uncategorized

Karachi: JS Global Banking Sector ETF (JSGBETF), with today's rate at PKR 11.75, reflects a robust market cap of PKR 51.975 million. The ETF is yet to close its fiscal year but has already garnered significant attention with a turnover of 5,568,000 sh...

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Waves Corporation Pakistan Steady in Market Amidst No Dividends

November 15, 2023 Uncategorized

Karachi: Waves Corporation Pakistan, with the stock code 'NC', traded at 8.20 rupees. The company holds a considerable paid-up capital of 2,814.06 million rupees but has not declared any dividends recently. The par value is 10 rupees, and the company ...

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Hi-Tech Lubricants Ltd. Shows Stable Performance in Pakistan Stock Exchange

November 15, 2023 Uncategorized

Karachi: Hi-Tech Lubricants Ltd., listed under NC, traded at 28.17 today, with a daily weighted average rate of 27.93. The company's paid-up capital is 1,392.05 million Rs. It declared dividends of 40% with a 20% bonus in 2021 and 38% in 2022 but did ...

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UBL Pakistan Enterprise ETF Ends Fiscal Year with Substantial Gains

November 15, 2023 Uncategorized

Karachi: UBL Pakistan Enterprise ETF (UBLPETF), with a closing rate of PKR 13.15, has reported a 7.20% distribution. The fund's paid-up capital reached PKR 32.562 million, with an EPS of PKR 10.26 and a turnover of 31,000 shares for the fiscal year 20...

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Summit Bank Limited has announced two separate proposals for rights issues

November 15, 2023 Uncategorized

Karachi: The first proposes an exceptional rate of 11.2443%, while the second offers a rate of 65%. These rates reflect Summit Bank Limited's proactive approach to capital raising and shareholder value enhancement.

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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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