Karachi: Meezan Strategic Allocation Fund III, operational since 2019, provides the Meezan Capital Pre Plan-IX. This plan, with a previous book closure date on June 30, 2022, had a redemption price of Rs. 66.08 as of November 10, 2023. The fund offers...
Read More »UBL Liquidity Plus Fund Maintains Presence on Pakistan Stock Exchange
Karachi: UBL Liquidity Plus Fund, operational since 2009, showed both an offer and redemption price of Rs. 100.88 as of November 10, 2023. The fund offers liquidity management solutions for investors, focusing on capital preservation and easy access t...
Read More »Alhamra Cash Management Optimizer Debuts in 2023
Karachi: The Alhamra Cash Management Optimizer, newly listed in 2023, reported an offer price of Rs. 106.06 and a redemption price of Rs. 104.87. This fund, focusing on cash management, marks its entry into the Pakistan Stock Exchange with its first f...
Read More »AL Habib Asset Allocation Fund Maintains Steady Performance on Pakistan Stock Exchange
Karachi: AL Habib Asset Allocation Fund, an open-end mutual fund, reported an offer price of Rs. 99.97 and a redemption price of Rs. 98.01 as of November 10, 2023. The fund, with a financial year ending in June, has been operational since 2019, offeri...
Read More »Askari Bank Limited Issues Perpetual and Fixed-Term Debt Securities
Karachi: Askari Bank Limited has issued perpetual and fixed-term debt securities. The perpetual Tier-I TFC, with a market lot of 1 and a face value of Rs. 1,000,000, offers a profit rate of 6-month KIBOR plus 1.5%, totaling Rs. 6,000,000,000 with the ...
Read More »Summit Bank Limited Announces Two Distinct Rights Issues
Karachi: Summit Bank Limited has informed the Pakistan Stock Exchange of two separate rights issues. The first proposed rights issue is set at a rate of 11.2443%, while the second is notably higher at 65%. These issues are likely aimed at diversifying...
Read More »Samba Bank Limited Lists Ten-Year Tier-II Term Finance Certificate
Karachi: Samba Bank Limited has listed a ten-year Tier-II Term Finance Certificate (TFC), with a profit rate of 6-month KIBOR plus 1.35%. The market lot is set at 1 with a face value of Rs. 100,000. The total issue size is Rs. 5,000,000,000, with Rs. ...
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