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Interloop Ltd. Witnesses Significant Closing Gain on the Pakistan Stock Exchange

November 7, 2023 Uncategorized

Karachi: Interloop Ltd. experienced a notable increase in its closing price during today's trading on the Pakistan Stock Exchange. The textile giant opened the day at PKR 57.49 and closed significantly higher at PKR 59.88. The stock hit a low of PKR 5...

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Power Holding Limited Secures Financing through Sukuk; Coupon Due March 2024

November 7, 2023 Uncategorized

Karachi: Power Holding Limited has secured financing via a Sukuk with a 10-year tenor and a profit rate of the 6-month KIBOR plus 0.8%. The substantial issue size of PKR 200 billion is fully outstanding. The next coupon is expected to be paid on 01st ...

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BECO Steel Ltd Ends Day at PKR 7.31; Announces 10% Dividend

November 7, 2023 Uncategorized

Karachi: BECO Steel Ltd, trading as BECO, ended the day at PKR 7.31. The company declared a 10% dividend for June. Since its 1989 listing, it reached a high of PKR 11 and a low of PKR 6.95, with a turnover of 8,719,500 shares and an EPS of PKR 0.09 fo...

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Ghani Glass Ltd Announces Dividend and Rights Issue; Shares at PKR 25.58

November 7, 2023 Uncategorized

Karachi: Ghani Glass Ltd, listed as GHGL, closed at PKR 25.58. The company declared dividends of 95% and 55% rights, followed by 25% and 20% along with a 19.1% bonus for June. Since its 1994 listing, the stock reached a high of PKR 39.15 and a low of ...

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Mehmood Textile Maintains Steady Trading at Opening Price

November 7, 2023 Uncategorized

Karachi: Mehmood Textile (MEHT) saw its shares unchanged in price throughout the day, maintaining its opening and closing figure at 483.5. With limited trading activity, the volume stood at 100 shares, and the stock did not fluctuate, closing at the d...

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Bank Alfalah Limited Offers Fixed Rate on 3-Year TFC; Coupon Payment Set for January 2024

November 7, 2023 Uncategorized

Karachi: Bank Alfalah Limited, continuing its foray into debt financing, has offered a TFC, BAF LTFC 7, with a fixed profit rate of 9.03% over a tenor of 3 years. This security, with a market lot size of 5,000, has been entirely subscribed with an iss...

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The Hub Power Company Limited Lists Sukuk with Payment Due in August 2023

November 7, 2023 Uncategorized

Karachi: The Hub Power Company Limited has placed a 4-year Sukuk on the market, offering a return based on the 3-month KIBOR plus 1.8%. With a total issue size of PKR 7 billion, there is an outstanding principal of PKR 3.5 billion. The next coupon is ...

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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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