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ABL Income Fund Announces Distribution, Offer Price at PKR 10.27

November 6, 2023 Uncategorized

Karachi: ABL Income Fund, a product offered since 2008, has reported its offer price at PKR 10.27 and redemption price at PKR 10.09 as of the year ending June 2023. The fund has declared a distribution of 5.63%, with a specific payout of Rs 0.3588 per...

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Askari Bank Limited’s Tier-II TFC: Next Coupon Date on December 17, 2023

November 6, 2023 Uncategorized

Karachi: Askari Bank Limited's Tier-II TFC, symbolized as AKBLTFC7, with a face value of Rs. 1,000,000 per Mkt. Lot and a tenor of 10 years, offers a profit rate of "3M KIBOR + 1.2%". The total issue size for this security is Rs. 6,000,000,000, and in...

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Power Holding Limited Introduces Sukuk with Varied Profit Rates

November 6, 2023 Uncategorized

Karachi: Power Holding Limited has unveiled two Sukuk offerings, identified as PESC1 and PESC2. PESC1 comes with a tenor of 10 years and offers a profit rate of 6M KIBOR + 0.8%. The total issue size for PESC1 is a substantial Rs. 200,000,000,000, and ...

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ABL Special Savings Plan-I Reports No Offer Price, Redemption at PKR 10.46

November 6, 2023 Uncategorized

Karachi: ABL Special Savings Fund ABL Special Savings Plan-I, with its inception in 2019, has a reported redemption price of PKR 10.46 as of June 2023. The fund did not provide an offer price and has not declared any distributions for the year. The la...

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Shifa International Hospitals Limited (SHFA): Today’s Rate at Rs. 123.27 with 30% Distribution in 2023

November 6, 2023 Uncategorized

Karachi: Shifa International Hospitals Limited (SHFA) recorded a today's rate of Rs. 123.27 on the Pakistan Stock Exchange (PSE) with a daily weighted average rate of Rs. 122.25. The company's paid-up capital stands at Rs. 632.14 million. In the fisca...

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Kashf Foundation Unveils TFC with Attractive Profit Rate

November 6, 2023 Uncategorized

Karachi: Kashf Foundation, a renowned microfinance institution in Pakistan, has introduced Tradable Financial Certificates (TFC) with the symbol KFTFC1. These TFCs have a tenor of 4 years and offer an appealing profit rate of 3M KIBOR + 2.25%. The tot...

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NAFA Islamic Active Allocation Fund – I Continues Without Distributions

November 6, 2023 Uncategorized

Karachi: The NAFA Islamic Active Allocation Fund - I has declared no distributions for the fiscal year ending June 2023. Following the pattern from the previous year, the fund has maintained a status quo with no distributions as recorded at the previo...

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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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