Karachi: Askari Sovereign Cash Fund, operational since 2009, reported both an offer and redemption price of Rs. 100.98 as of November 10, 2023. The fund, with a financial year ending in June, distributed "Rs 4.2976 per unit" to its investors, offering...
Read More »Ahmad Hassan Textile Mills Limited Shows Notable Performance on PSE
Karachi: Ahmad Hassan Textile Mills Limited, trading as AHTM, exhibited a closing rate of Rs. 45.56 on the Pakistan Stock Exchange as of November 10, 2023. The company, with a June financial year-end, declared distributions of 20.5% in 2021, 22.50% in...
Read More »Al Meezan Mutual Fund Shows Consistent Performance on Pakistan Stock Exchange
Karachi: Al Meezan Mutual Fund, operational since 2011, reported an offer price of Rs. 20.8 and a redemption price of Rs. 20.34 as of November 10, 2023. The fund, with a June financial year-end, provides a stable mutual fund investment option for inve...
Read More »Mughal Iron & Steel Industries Limited Offers Five-Year Sukuk
Karachi: Mughal Iron & Steel Industries Limited has offered a Sukuk for a five-year tenure, with a profit rate based on 3-month KIBOR plus 1.3%. With a market lot of 1 and a face value of Rs. 1,000,000, the total issue size reaches Rs. 3,000,000,000, ...
Read More »Atlas Islamic Fund of Funds Offers Diverse Islamic Plans
Karachi: Atlas Islamic Fund of Funds, operational since 2019, provides various Islamic investment plans. The Aggressive Allocation Islamic Plan had a price of Rs. 687.93, while the Conservative Allocation Islamic Plan was priced at Rs. 647.01. The Mod...
Read More »Alfalah GHP Islamic Value Fund Shows Consistency on Pakistan Stock Exchange
Karachi: Alfalah GHP Islamic Value Fund, listed since 2018, exhibited an offer price of Rs. 97.88 and a redemption price of Rs. 97.06 as of November 10, 2023. This Shariah-compliant fund, with its financial year ending in June, offers a value-focused ...
Read More »Soneri Bank Limited Lists Perpetual Debt Instrument
Karachi: Soneri Bank Limited has listed a perpetual debt instrument, SNB LTF C 3, on the Pakistan Stock Exchange. With a market lot of 1 and a face value of Rs. 5,000, the profit rate is based on a 6-month KIBOR plus an additional 2.00%. The total iss...
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