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Meezan Strategic Allocation Fund III Offers Capital Preservation Plan

November 10, 2023 Uncategorized

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...

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UBL Liquidity Plus Fund Maintains Presence on Pakistan Stock Exchange

November 10, 2023 Uncategorized

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...

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Alhamra Cash Management Optimizer Debuts in 2023

November 10, 2023 Uncategorized

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...

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AL Habib Asset Allocation Fund Maintains Steady Performance on Pakistan Stock Exchange

November 10, 2023 Uncategorized

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...

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Askari Bank Limited Issues Perpetual and Fixed-Term Debt Securities

November 10, 2023 Uncategorized

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 ...

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Summit Bank Limited Announces Two Distinct Rights Issues

November 10, 2023 Uncategorized

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...

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Samba Bank Limited Lists Ten-Year Tier-II Term Finance Certificate

November 10, 2023 Uncategorized

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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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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