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Karachi: Suraj Cotton Mills Ltd., listed as SURC, closed at Rs. 100.53 as of November 10, 2023. The company, following a June year-end, declared distributions of 100%10%B in 2021, 40% in 2022, and 10%10%B in 2023. SURC, with a paid-up capital of Rs. 5...

Karachi: Tri-Star Modaraba 1st (FTSM), listed since 1990, closed at Rs. 15.00. The company distributed 6% in 2021 and reported a significant increase to 40% in 2023. FTSM's paid-up capital is Rs. 90 million, and its daily weighted average rate was Rs....

Karachi: HBL Islamic Money Market Fund, operational since 2011, reported an offer price of Rs. 102.32 and a redemption price of Rs. 101.17 as of November 10, 2023. This Shariah-compliant fund, with its financial year ending in June, provides a stable ...

Karachi: Summit Bank Limited has announced a proposed rights issue at the rate of 11.2443%, according to a recent financial disclosure to the Pakistan Stock Exchange. The bank is aiming to strengthen its capital through this rights issue, which will a...

Karachi: Al Ameen Islamic Financial Planning Fund III, operational since 2018, offers several investment plans. The Active Allocation Plan XI had an offer price of Rs. 103.36 and a redemption price of Rs. 99.22. The Active Principal Preservation Plan ...

Karachi: Telecard Limited has listed a six-year term finance certificate, TELE TF C, with a market lot of 1 and a face value of Rs. 5,000. This security has a unique profit rate of 3-month KIBOR plus 0%. The total issued size was Rs. 2,400,000,000, an...

Karachi: K-Electric Limited has secured financing through a seven-year Sukuk, carrying a profit rate of 3-month KIBOR plus 1.7%. The market lot is 1 with a face value of Rs. 100,000. The total issue size stands at Rs. 6,700,000,000, fully outstanding....