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Pakistan, IMF reach staff-level agreement on First Review of economic program

November 15, 2023 General

Pakistan and the International Monetary Fund (IMF) have reached a staff-level agreement on the first review of their stabilization program under Pakistan’s Stand-By Arrangement.This was disclosed in a statement issued by the IMF at the conclusion of d...

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PM reaffirms govt’s enduring commitment to reform efforts agreed with IMF

November 15, 2023 General

Prime Minister Anwaar-ul-Haq Kakar has reaffirmed government's enduring commitment to the reform efforts agreed with the IMF aimed at stabilizing the Pakistan's economy.He expressed this resolve while talking to IMF Mission Chief Nathan Porter and IMF...

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AL Habib Income Fund Continues to Deliver Solid Results

November 14, 2023 Uncategorized

Karachi: Since its listing in 2007, the AL Habib Income Fund has consistently delivered solid results. For the year ending in June 2023, the fund showed an offer price of Rs 110.58 and a redemption price of Rs 109.49. It distributed Rs 5.4896 per unit...

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NBP Pakistan Growth ETF and NIT Pakistan Gateway ETF Deliver Returns to Investors

November 14, 2023 Uncategorized

Karachi: The NBP Pakistan Growth ETF, NBPGETF, and the NIT Pakistan Gateway ETF, NITGETF, have delivered returns to investors with distributions of 8% and 9% respectively. NBPGETF has a fund size of 64.074 million Rs. and NITGETF stands at 47.377 mill...

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Alfalah GHP Consumer Index ETF Reflects Steady Performance in Consumer Sector

November 14, 2023 Uncategorized

Karachi: The Alfalah GHP Consumer Index ETF, ACIETF, has maintained a steady performance with a daily weighted average rate of 9.46 Rs., closely following today's rate of 9.54 Rs. With a fund size of 42.913 million Rs., no distributions were reported ...

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Pakistan Capital Market Fund Announces Year-End Performance

November 14, 2023 Uncategorized

Karachi: Active on the PSE since 2004, the Pakistan Capital Market Fund disclosed an offer price of 14.04 and a redemption price of 13.73 for the year ending June 2023. The fund reported a return of Rs 1.85 per unit.

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D.S. Industries Ltd. Records Drop in Earnings Per Share

November 14, 2023 Uncategorized

Karachi: D.S. Industries Ltd. (DSIL) witnessed a decline in its earnings per share (EPS) for the year 2021/2022, reporting a negative EPS of Rs. (0.12). Despite a high turnover of 16,779,500 shares, the company's share rate fluctuated between Rs. 2.74...

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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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