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Karachi: Kashf Foundation has entered the debt market with a four-year Term Finance Certificate (TFC), featuring a profit rate of 3-month KIBOR plus 2.25%. The market lot size is set at 1 with a face value of Rs. 1,000,000. The total issue size is Rs....

Karachi: The ABL Islamic Income Fund and ABL Islamic Stock Fund, part of Pakistan Stock Exchange's open-end mutual funds, have reported their performance for the year ending in June 2023. The ABL Islamic Income Fund showed an offer price of Rs. 11.13 ...

Karachi: Ghani Value Glass Ltd. (GVGL) ended the trading session at Rs. 35.94 per share. The company's paid-up capital is substantial, with distributions of 60% in 2021 and 40% in 2022. The market lot remains at 500, with the last book closure on 21/1...

Karachi: Suraj Cotton Mills Ltd., listed as SURC, closed at Rs. 100.53 as of November 10, 2023. The company, following a June year-end, declared distributions of 100%10%B in 2021, 40% in 2022, and 10%10%B in 2023. SURC, with a paid-up capital of Rs. 5...

Karachi: Tri-Star Modaraba 1st (FTSM), listed since 1990, closed at Rs. 15.00. The company distributed 6% in 2021 and reported a significant increase to 40% in 2023. FTSM's paid-up capital is Rs. 90 million, and its daily weighted average rate was Rs....

Karachi: HBL Islamic Money Market Fund, operational since 2011, reported an offer price of Rs. 102.32 and a redemption price of Rs. 101.17 as of November 10, 2023. This Shariah-compliant fund, with its financial year ending in June, provides a stable ...

Karachi: Summit Bank Limited has announced a proposed rights issue at the rate of 11.2443%, according to a recent financial disclosure to the Pakistan Stock Exchange. The bank is aiming to strengthen its capital through this rights issue, which will a...