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Karachi, ABL Islamic Financial Planning Fund Active Allocation Plan announced an offer price of Rs. 85.15 and a distribution of 7.14% for the year ending June 2021. There were no distributions reported for the years 2022 and 2023. The previous book cl...

Karachi, Alfalah Consumer Index ETF (ACIETF) experienced a moderate trading day with the rate closing at PKR 8.49, a variance noted from the daily weighted average rate of PKR 40.990. The fund size for ACIETF stands at PKR in millions, while the marke...

Karachi, Mughal Iron & Steel Industries Limited introduced a Sukuk with the symbol MUGHALSC, featuring a face value of Rs. 1,000,000 and a tenor of 5 years. This Sukuk reached a total issue size of Rs. 3,000,000,000. Investors can look forward to the ...

Karachi, Telecard Limited introduced a 6-year TFC (Traded Finance Certificate) with the symbol TELETFC, featuring a face value of Rs. 5,000. Interestingly, this TFC offers a profit rate of 0%, providing a unique investment opportunity. The total issue...

The price of gold in Pakistan registered a significant increase on Thursday to cross Rs. 211,000 per tola.According to the data released by the All-Pakistan Gems and Jewellers Association (APGJA), the price of gold (24 carats) soared by Rs. 2,900 per ...

Sazgar Engineering Works Limited (PSX: SAZEW) Thursday announced its financial results for the quarter that ended on September 30, 2023 (1QFY24).The company’s profit after tax (PAT) increased by 5,881 percent year-on-year (YoY) or 58.8x to Rs. 658.5 m...

The gas consumers in Pakistan are set to face 16 hours of gas loadshedding daily in the upcoming winter season due to depleting gas reservoirs.Caretaker Federal Minister for Energy Muhammad Ali, in a media briefing, said that the government will provi...