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AL Habib Asset Allocation Fund Maintains Steady Performance on Pakistan Stock Exchange

November 10, 2023 Uncategorized

Karachi: AL Habib Asset Allocation Fund, an open-end mutual fund, reported an offer price of Rs. 99.97 and a redemption price of Rs. 98.01 as of November 10, 2023. The fund, with a financial year ending in June, has been operational since 2019, offeri...

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Askari Bank Limited Issues Perpetual and Fixed-Term Debt Securities

November 10, 2023 Uncategorized

Karachi: Askari Bank Limited has issued perpetual and fixed-term debt securities. The perpetual Tier-I TFC, with a market lot of 1 and a face value of Rs. 1,000,000, offers a profit rate of 6-month KIBOR plus 1.5%, totaling Rs. 6,000,000,000 with the ...

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Summit Bank Limited Announces Two Distinct Rights Issues

November 10, 2023 Uncategorized

Karachi: Summit Bank Limited has informed the Pakistan Stock Exchange of two separate rights issues. The first proposed rights issue is set at a rate of 11.2443%, while the second is notably higher at 65%. These issues are likely aimed at diversifying...

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Samba Bank Limited Lists Ten-Year Tier-II Term Finance Certificate

November 10, 2023 Uncategorized

Karachi: Samba Bank Limited has listed a ten-year Tier-II Term Finance Certificate (TFC), with a profit rate of 6-month KIBOR plus 1.35%. The market lot is set at 1 with a face value of Rs. 100,000. The total issue size is Rs. 5,000,000,000, with Rs. ...

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AWT – Income Fund Shows Consistent Performance

November 10, 2023 Uncategorized

Karachi: The AWT - Income Fund, operational since 2012, presented an offer price of Rs. 121.05 and a redemption price of Rs. 119.7. This fund, which also follows a June year-ending schedule, has been a steady player in the market since its listing in ...

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ABL Islamic Asset Allocation Fund Shows Consistent Performance

November 10, 2023 Uncategorized

Karachi: ABL Islamic Asset Allocation Fund, listed in 2018, had an offer price of Rs. 10.91 and a redemption price of Rs. 10.55 as of November 10, 2023. With a financial year ending in June, the fund's previous book closure was on June 27, 2022. This ...

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Grays Leasing Ltd Maintains Steady Trading on Pakistan Stock Exchange

November 10, 2023 Uncategorized

Karachi: Grays Leasing Ltd, trading under the symbol GRYL on the Pakistan Stock Exchange, closed at a rate of Rs. 2.78 as of November 10, 2023. The company, following a June year-end, reported no distributions for the years 2021, 2022, and 2023. GRYL,...

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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.

  • PM Expresses Satisfaction Over SBP Reserves Reaching Historic High of $21.4b

    3 days ago
  • No One Permitted to March on Islamabad, Declares Mohsin Naqvi

    3 days ago
  • Pakistan Emphasizes Diplomacy for Iran Nuclear Issue

    3 days ago
  • DPM Reviews Implementation of PM’s Special Relief Scheme

    3 days ago
  • Dar Stresses Effective Follow-Up on Foreign Policy Priorities

    3 days ago

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