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...
Read More »Alhamra Islamic Asset Allocation Fund Maintains Steady Prices
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.
Read More »First Treet Mfg Modaraba Closes at Rs. 3.70 on PSE
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...
Read More »Habib Bank Limited Sustains Market with Perpetual Debt Offering
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...
Read More »Pakistan Oxygen Limited Announces Rights Issue Schedule
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...
Read More »HBL Stock Fund Shows Consistency on Pakistan Stock Exchange
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...
Read More »Agha Steel Industries Limited Secures Funding Through Sukuk
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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