Karachi: For the mid-year ending in June 2023, the AKD Islamic Income Fund, which started trading in 2018, displayed an offer price of Rs. 54.96 and a redemption price of Rs. 54.41. The fund did not announce any distributions for the year as per the l...
Read More »Modaraba Al-Mali Reports High Distributions and Significant Turnover
Karachi: Modaraba Al-Mali NC (MODAM) closed at Rs. 3.52 with a daily weighted average rate of Rs. 3.43 at the Pakistan Stock Exchange. The Modaraba, holding a paid-up capital of Rs. 908.17 million, announced a distribution of 331% for 2021 and 14.34% ...
Read More »Al Ameen Islamic Financial Planning Fund III Active Allocation Plan XI Price Details
Karachi: The Al Ameen Islamic Financial Planning Fund III's Active Allocation Plan XI has posted an offer price of Rs. 103.36 and a redemption price of Rs. 99.22 for the year ending in June 2023. This fund has also been listed since 2018 and has not d...
Read More »NIT Pakistan Gateway ETF Lists at Rs. 12.72
Karachi: The NIT Pakistan Gateway ETF (NITGETF) reported a closing rate of Rs. 12.72, with a fund size amounting to Rs. 47.377 million. The ETF has announced a 9% distribution with an effective yield of 9.342%. With a Rs. 10 par value and a market lot...
Read More »Tri-Pack Films Ltd Announces 50% Distribution for 2023
Karachi: Tri-Pack Films Ltd (TRIPF) saw its shares being traded at Rs. 124.80, while the daily weighted average rate was slightly higher at Rs. 125.37. The company, with a paid-up capital of Rs. 388.00 million, has been progressive in its distribution...
Read More »ABL Financial Planning Fund Declines to Announce Distributions for 2023
Karachi: The ABL Financial Planning Fund, encompassing different allocation plans, has not announced any distributions for the year ending in June 2023. The ABL Active Allocation Plan listed an offer price of Rs. 82.75 and a redemption price of Rs. 80...
Read More »Pak Suzuki Motor Co. Ltd. Resumes Dividend After a Gap Year
Karachi: Pak Suzuki Motor Co. Ltd. (PSMC) declared a dividend of 65% for the year ending in December 2023, after reporting no dividend in the previous year. The company's share price remained stable at Rs. 456.29. Pak Suzuki, with a paid-up capital of...
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