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Mughal Iron & Steel Industries Limited Announces Sukuk Offering

November 6, 2023 Uncategorized

Karachi: Mughal Iron & Steel Industries Limited, a prominent player in Pakistan's steel industry, has announced the issuance of Sukuk with the symbol MUGHALSC. These Sukuk come with a tenor of 5 years and offer a profit rate of 3M KIBOR + 1.3%. The to...

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HBL Islamic Financial Planning Fund Remains Without Distributions

November 6, 2023 Uncategorized

Karachi: The HBL Islamic Financial Planning Fund has not declared any distributions for the period ending June 2023, maintaining the status from the previous year. Both the offer and redemption prices have been recorded at PKR 0. This fund has been pa...

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Askari Bank Limited’s Tier-I TFC: Next Coupon Date on January 3, 2024

November 6, 2023 Uncategorized

Karachi: Askari Bank Limited's Tier-I TFC, symbolized as AKBLTFC6, with a face value of Rs. 1,000,000 per Mkt. Lot and a perpetual tenor, offers a profit rate of "6M KIBOR + 1.5%". The total issue size for this security is Rs. 6,000,000,000, and inves...

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UBL Financial Sector Fund Reports No Distributions

November 6, 2023 Uncategorized

Karachi: The UBL Financial Sector Fund, which has been on the market since 2018, has recorded an offer price of PKR 87.4 and a redemption price of PKR 84.53 as of June 2023. There were no distributions for the period.

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NIT – Money Market Fund Records Stable Offer and Redemption Prices

November 6, 2023 Uncategorized

Karachi: With a listing year of 2019, the NIT - Money Market Fund presented its offer price at PKR 112.34 and redemption price at PKR 111.08 for the period ending June 2023. No distributions were declared for the previous book closure.

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JS Momentum Factor ETF NC (JSMFETF) Maintains Steady Performance

November 6, 2023 Uncategorized

Karachi: JS Momentum Factor ETF NC (JSMFETF) has maintained steady performance, with today's rate at 11.58 and a daily weighted average rate of 11.56. The fund size for JSMFETF is 70.041 million. It reported no year-ending distributions for the years ...

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NBP Islamic Capital Preservation Plan-VI Marks Steady Redemption Price

November 6, 2023 Uncategorized

Karachi: The NBP Islamic Capital Preservation Plan-VI, under the umbrella of NAFA Islamic Active Allocation Fund - III, has marked a redemption price of Rs 103.35 as of June 2023. The fund, which was listed in 2022, reported no distributions for the c...

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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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