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Atlas Sovereign Fund Reports High Annual Distribution

November 6, 2023 Uncategorized

Karachi: The Atlas Sovereign Fund has recorded an annual distribution of 9.50%, which corresponds to Rs.4.75 per unit. As of June 2023, the fund shows an offer and redemption price at Rs 110.2 and Rs 110.21, respectively. The fund has been part of the...

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Lakson Islamic Tactical Fund Announces Distribution of Rs 6.9799 Per Unit

November 6, 2023 Uncategorized

Karachi: Lakson Islamic Tactical Fund has declared a distribution of Rs 6.9799 per unit for the year ending in June 2023. No distributions were recorded in the previous year. The fund's offer price was Rs 98.63 and the redemption price was Rs 95.92, w...

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No 2023 Distributions for Al Ameen Islamic Active Principal Preservation Plan III

November 6, 2023 Uncategorized

Karachi: Al Ameen Islamic Financial Planning Fund III Al Ameen Islamic Active Principal Preservation Plan III has set its offer price at Rs 108.9 and redemption price at Rs 106.72 for June 2023. The fund, listed since 2018, has not declared any distri...

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UBL Government Securities Fund Delivers Consistent Distributions

November 6, 2023 Uncategorized

Karachi: Established in 2011, the UBL Government Securities Fund declared a distribution of 4.95% for June 2023, consistent with its previous distribution of 4.97%. The offer price was reported at PKR 111.96, with a redemption price of PKR 110.71.

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NIT Pakistan Gateway.XD NC (NITGETF) Reports Strong Performance

November 6, 2023 Uncategorized

Karachi: NIT Pakistan Gateway.XD NC (NITGETF) has reported strong performance, with today's rate at 12.91. The daily weighted average rate for NITGETF is 12.91, and its fund size is 47.377 million. The ETF reported year-ending distributions of 9% in 2...

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Mughal Iron & Steel Industries Limited Floats Sukuk Worth Rs. 3 Billion

November 6, 2023 Uncategorized

Karachi: Mughal Iron & Steel Industries Limited has entered the debt market with the issuance of Sukuk, identified with the symbol MUGHALSC. This security, with a 5-year tenor, is traded in a market lot of one and has a face value of Rs. 1,000,000. It...

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Oilboy Energy Reflects No Distribution in Current Year Amid Market Performance

November 6, 2023 Uncategorized

Karachi: Oilboy Energy Ltd. (OBOY) closed at PKR 6.23, with a daily weighted average of PKR 6.36. The company, having a paid-up capital of PKR 250.00 million, reported no distribution for the year 2023. This follows a previous distribution of 150% rig...

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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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