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HBL Growth Fund Reports Steady Performance in Pakistan Stock Exchange

November 10, 2023 Uncategorized

Karachi: HBL Growth Fund - (A) NC, listed as HGFA on the Pakistan Stock Exchange, closed at a rate of Rs. 6.85 as of November 10, 2023. The fund, which has its year ending in June, declared a 12% distribution for the period. It has a paid-up capital o...

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Alhamra Islamic Asset Allocation Fund Maintains Steady Prices

November 10, 2023 Uncategorized

Karachi: The Alhamra Islamic Asset Allocation Fund, operational since 2006, reported an offer price of Rs. 85.53 and a redemption price of Rs. 82.73. The fund, focusing on Islamic asset allocation, concludes its financial year each June.

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First Treet Mfg Modaraba Closes at Rs. 3.70 on PSE

November 10, 2023 Uncategorized

Karachi: First Treet Mfg Modaraba, trading as FTMM, closed at Rs. 3.70 on the Pakistan Stock Exchange as of November 10, 2023. The company, with a June year-end, did not declare any distributions for recent years. FTMM, with a paid-up capital of Rs. 5...

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Habib Bank Limited Sustains Market with Perpetual Debt Offering

November 10, 2023 Uncategorized

Karachi: Habib Bank Limited has sustained its market presence with a perpetual debt offering. The Tier-I TFC, with a market lot of 1 and a face value of Rs. 100,000, comes with a profit rate based on 3-month KIBOR plus 1.6%. The total issue size stand...

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Pakistan Oxygen Limited Announces Rights Issue Schedule

November 10, 2023 Uncategorized

Karachi: Pakistan Oxygen Limited (PAK OXYR) has disclosed to the Pakistan Stock Exchange the schedule for its upcoming rights issue. The company will commence trading in rights on the 1st of November, 2023. The last date for trading in these rights is...

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HBL Stock Fund Shows Consistency on Pakistan Stock Exchange

November 10, 2023 Uncategorized

Karachi: HBL Stock Fund, operational since 2007, reported an offer price of Rs. 102.5 and a redemption price of Rs. 101.93 as of November 10, 2023. The fund provides an opportunity for investors to invest in a diversified portfolio of stocks, aiming f...

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Agha Steel Industries Limited Secures Funding Through Sukuk

November 10, 2023 Uncategorized

Karachi: Agha Steel Industries Limited has secured a six-year tenor funding through a Sukuk issuance, with a market lot of 1 and a face value of Rs. 1,000,000. The profit rate is pegged to 3-month KIBOR plus 0.8%. The total issue size is Rs. 5,000,000...

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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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