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Samba Bank Limited Offers Tier-II TFC with KIBOR Plus Rate; Next Payment Due March 2024

November 7, 2023 Uncategorized

Karachi: Samba Bank Limited has issued a 10-year Tier-II TFC with a profit rate set to the 6-month KIBOR plus 1.35%. The total size of the TFC is PKR 5 billion, with PKR 4.997 billion currently outstanding. Investors are looking forward to the next co...

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Bank Alfalah Limited Lists Perpetual Debt Security with Next Coupon Due in March 2024

November 7, 2023 Uncategorized

Karachi: Bank Alfalah Limited has issued a perpetual Term Finance Certificate (TFC), symbol BAF LTFC 6, with a market lot size of 5,000 and a profit rate pegged to the 6-month KIBOR plus 1.5%. The total issue size stands at 7 billion rupees, with the ...

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Sapphire FiberXD Posts Significant Increase in Share Price

November 7, 2023 Uncategorized

Karachi: Sapphire FiberXD (SFL) closed significantly higher on the PSE today. The company's stock, which opened at PKR 1180.00, saw a notable rise to close at PKR 1254.41. The trading ranged between PKR 1180.00 and PKR 1230.61, with only 220 shares be...

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Exide Pakistan Marks Notable Increase in Share Price

November 7, 2023 Uncategorized

Karachi: Exide Pakistan (EXIDE), under company number 802, experienced a notable increase in its share price by the end of the trading day. Opening at PKR 361.5, the stock reached a closing of PKR 372 after moving between a low of PKR 353 and a high o...

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K-Electric Limited Releases Sukuk with 7-Year Tenor

November 7, 2023 Uncategorized

Karachi: K-Electric Limited has released Sukuk securities with a tenor of 7 years. These securities are available in a market lot of 100,000 with a face value of Rs. 100,000 each. They carry a profit rate of "3M KIBOR + 1.7%" and have a total issue si...

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Dewan Sugar Margins Increase in Closing Price

November 7, 2023 Uncategorized

Karachi: On November 7, 2023, Dewan Sugar Mills (DWSM), coded 826 on the Pakistan Stock Exchange, saw an increase in its closing price. Opening at PKR 2.11, the share price closed slightly higher at PKR 2.14. The trading remained stable with both the ...

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Bank Islami Pakistan Limited Announces Next Sukuk Coupon Date

November 7, 2023 Uncategorized

Karachi: In the debt security sector, Bank Islami Pakistan Limited continues with its perpetual Sukuk offering, coded BIP LSC. The security comes with a Rs. 5,000 face value and a profit rate formulated as 3-Month KIBOR plus 2.75%. The total issuance ...

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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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