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K-Electric Limited Releases Sukuk with 7-Year Tenor

November 7, 2023 Uncategorized

Karachi: K-Electric Limited has released Sukuk securities with a tenor of 7 years. These securities are available in a market lot of 100,000 with a face value of Rs. 100,000 each. They carry a profit rate of "3M KIBOR + 1.7%" and have a total issue si...

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Dewan Sugar Margins Increase in Closing Price

November 7, 2023 Uncategorized

Karachi: On November 7, 2023, Dewan Sugar Mills (DWSM), coded 826 on the Pakistan Stock Exchange, saw an increase in its closing price. Opening at PKR 2.11, the share price closed slightly higher at PKR 2.14. The trading remained stable with both the ...

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Bank Islami Pakistan Limited Announces Next Sukuk Coupon Date

November 7, 2023 Uncategorized

Karachi: In the debt security sector, Bank Islami Pakistan Limited continues with its perpetual Sukuk offering, coded BIP LSC. The security comes with a Rs. 5,000 face value and a profit rate formulated as 3-Month KIBOR plus 2.75%. The total issuance ...

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Jahangir Siddiqui & Co Offers 15% Preference Right Share

November 7, 2023 Uncategorized

Karachi: Jahangir Siddiqui & Co has proposed the issuance of preference right shares at a rate of 15%. This offering is part of the company's strategic financial structuring to bolster its capital base.

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Habib Bank Limited Issues Perpetual Tier-I Debt Securities

November 7, 2023 Uncategorized

Karachi: Habib Bank Limited has issued perpetual Tier-I debt securities with the symbol code "TFC (Tier-I)". These securities are available in a market lot of 100,000 with a face value of Rs. 100,000 each. They carry a profit rate of "3M KIBOR + 2.00%...

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Punjab OilXD Share Price Holds Steady in Sparse Trading

November 7, 2023 Uncategorized

Karachi: Punjab Oil Mills Limited (POML), with the company code 834, observed its share price remain unchanged at PKR 114 throughout the trading session. The shares saw a very narrow range of activity, hitting a low of PKR 113.8 and a slight high of P...

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Arif Habib Corporation Limited Records High EPS of PKR 9.49

November 7, 2023 Uncategorized

Karachi: Arif Habib Corporation Limited (NC), trading as AHCL, today stands at a share rate of PKR 31.50 with a turnover of 3,442,500. The daily weighted average rate is reported at PKR 31.35. The company has declared a 30% distribution for the year e...

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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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