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Karachi: Bank Al Habib Limited has launched a perpetual Term Finance Certificate (TFC) with the symbol BAHLTFC9. The instrument has a single market lot and a face value of PKR 5,000. The profit rate is pegged to the 6-month KIBOR plus 1.65%. The total...

Karachi: The Alfalah GHP Prosperity Planning Fund, introduced in 2015, has sustained its position in the market. Specific offer and redemption prices, as well as distribution details, were not provided for the reporting period.

Karachi: The Alfalah GHP Islamic Value Fund, another component of the Pakistan Stock Exchange's open-end mutual funds, has announced its latest financial figures. The fund, with a year of listing in 2018, has an offer price of 97.97 and a redemption p...

Karachi: Telecard Limited issued a TFC, TELETFC, with a six-year tenure and a market lot size of Rs. 5,000. The profit rate was set at 3M KIBOR + 0%. This issue has been fully redeemed, with a total issue size of Rs. 2,400,000,000 and no outstanding p...

Karachi: U Microfinance Bank Limited has listed a 4-year TFC on the Pakistan Stock Exchange with the symbol UMBLTFC1. The TFC, with a market lot of one and a face value of PKR 100,000, offers a profit rate of 6-month KIBOR plus 1.35%. The total issue ...

Karachi: The JS Islamic Dedicated Equity Fund, with a listing year of 2019 on the Pakistan Stock Exchange, reported no distributions for the year ending June 2023. The offer price was Rs 61.81, and the redemption price was Rs 59.78, as per the PSE Mar...

Karachi: Tariq Glass Industries Ltd. NC (TGL) closed at Rs. 94.94, almost equal to the daily weighted average rate of Rs. 94.84. The company, holding an extensive paid-up capital of Rs. 1,721.67 million, declared a 60% distribution for 2023, a decreas...