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...
Read More »Askari Bank Limited Issues Perpetual and Fixed-Term Debt Securities
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 ...
Read More »Summit Bank Limited Announces Two Distinct Rights Issues
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...
Read More »Samba Bank Limited Lists Ten-Year Tier-II Term Finance Certificate
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. ...
Read More »AWT – Income Fund Shows Consistent Performance
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 ...
Read More »ABL Islamic Asset Allocation Fund Shows Consistent Performance
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 ...
Read More »Grays Leasing Ltd Maintains Steady Trading on Pakistan Stock Exchange
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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