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Shifa International Hospitals Ltd. Continues Strong Performance

November 14, 2023 Uncategorized

Karachi: Shifa International Hospitals Ltd. announced a 2% bonus for June, alongside a 30% dividend and a 15% distribution. The share rate stands at 131.40 Rs., with a high earnings per share of 11.29 Rs. and a turnover of 13137700 shares, reflecting ...

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Meezan Sovereign Fund Reports Year-End Figures

November 14, 2023 Uncategorized

Karachi: Meezan Sovereign Fund, active in the Pakistan Stock Exchange, reported its year-end figures with an offer price of 57.18 and a redemption price of 56.54 for the financial year ending in June 2023.

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NBP Government Securities Savings Fund Reflects Year-End Performance

November 14, 2023 Uncategorized

Karachi: The NBP Government Securities Savings Fund, listed since 2014, announced an offer price of 11.46 and a redemption price of 11.33 for the year ending in June 2023. It recorded a yield of 5.75% and a return of Rs 0.5162 per unit.

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Askari Bank Limited Offers Perpetual Tier-I TFC

November 14, 2023 Uncategorized

Karachi: Askari Bank Limited has offered a perpetual Tier-I debt instrument, AKBLTFC6, featuring a profit rate of 6M KIBOR+1.5%. The total issue size is 6 billion Rs., matching the outstanding principal, with the next coupon date set for 03-Jan-2024, ...

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Power Holding Limited Issues Sukuk for Infrastructure Development

November 14, 2023 Uncategorized

Karachi: Power Holding Limited has issued two sukuks, PESC1 and PESC2, to support infrastructure development. PESC1 has a ten-year tenure with a 6M KIBOR+0.8% profit rate, and an astounding issue size of 200 billion Rs., matching the outstanding princ...

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Soneri Bank Limited Offers Tier-I Debt Security

November 14, 2023 Uncategorized

Karachi: Soneri Bank Limited's Tier-I debt security, SNBLTFC3, carries a perpetual tenure with a profit rate of 6M KIBOR+2.00%. The total issue size stands at 4 billion Rs., matching the outstanding principal, with the next coupon payment due on 06-12...

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Pakistan Services Ltd. Reports Significant Loss

November 14, 2023 Uncategorized

Karachi: Pakistan Services Ltd. has not declared any dividends for June, reporting a significant loss with negative earnings per share of (12.17) Rs. The share rate is listed at 325.24 Rs., with a turnover of 28900 shares, indicating a difficult fisca...

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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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