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Bank Al Habib Limited Lists Ten-Year Tier-II Term Finance Certificate

November 10, 2023 Uncategorized

Karachi: Bank Al Habib Limited has listed a ten-year Tier-II Term Finance Certificate (TFC), with a profit rate of 6-month KIBOR plus 1.35%. This debt security has a market lot of 1 and a face value of Rs. 5,000, and a total issue size of Rs. 7,000,00...

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Pakistan Cash Management Fund Reports Financials for June 2023

November 10, 2023 Uncategorized

Karachi: The Pakistan Cash Management Fund, listed in 2009, has reported its financial figures for June 2023. The fund's offer price was PKR 51.04 with a redemption price of PKR 50.47.

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Karam Ceramics Ltd. Stays Steady Amidst Market Variability

November 10, 2023 Uncategorized

Karachi: Karam Ceramics Ltd. (KCL) maintained a closing share rate of Rs. 58.00 on the Pakistan Stock Exchange, with no distributions reported for the past three years. The market lot size for KCL is set at 500, and the shares reported a previous book...

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Elite Capital Modaraba Shows Steady Market Performance

November 10, 2023 Uncategorized

Karachi: Elite Capital Modaraba 1st, listed as FECM on the Pakistan Stock Exchange, ended the day at Rs. 3.25 on November 10, 2023. FECM, with a June year-end, announced a 3% distribution for the year. With a paid-up capital of Rs. 500 million, its ma...

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U Microfinance Bank Limited Issues Four-Year Term Finance Certificate

November 10, 2023 Uncategorized

Karachi: U Microfinance Bank Limited has issued a four-year Term Finance Certificate with a market lot of 1 and a face value of Rs. 100,000. The profit rate is based on 6-month KIBOR plus 1.35%. With a total issue size of Rs. 3,500,000,000, the bank h...

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AL Habib Islamic Income Fund Shows Stable Performance

November 10, 2023 Uncategorized

Karachi: AL Habib Islamic Income Fund, listed since 2017, reported an offer price of Rs. 102.71 and a redemption price of Rs. 101.69 as of November 10, 2023. The fund, ending its financial year in June, offers a Shariah-compliant income option for inv...

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Hala Enterprises Ltd. Reports No Distributions in 2023

November 10, 2023 Uncategorized

Karachi: Hala Enterprises Ltd. (HAEL), listed since 1991, closed at Rs. 17.85. The company reported no distributions for the years 2021, 2022, and 2023. With a paid-up capital of Rs. 2,974 million, HAEL's daily weighted average rate was Rs. 20.99, sho...

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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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