Karachi: J.K.Spinning Mills Ltd (JKSM), with a listing date back to 1990, announced a year-end distribution of NIL for 2023, following a 20% distribution in 2022 and a 15% distribution in 2021. The share price for the day stood at Rs. 45.40, while the...
Read More »Cnergyico PK Ltd. Sees High Turnover With Shares Priced at Rs. 3.85
Karachi: Shares of Cnergyico PK Ltd. (CNERGY) closed at Rs. 3.85 with a daily weighted average rate of Rs. 3.82. The refinery company holds a significant paid-up capital standing at Rs. 54,934.48 million and did not declare any dividends for the years...
Read More »Soneri Bank Limited Lists Perpetual TFC at 6M KIBOR+2.00%
Karachi: Soneri Bank Limited has released a Perpetual Term Finance Certificate (Tier-I), trading in a market lot of 1 and with a face value of Rs. 5,000. The profit rate for the security is tied to the 6-month KIBOR, with an additional 2.00% margin. T...
Read More »JS Momentum Factor ETF Stands at Rs. 11.30
Karachi: The trading rate for JS Momentum Factor ETF (JSMFETF) was consistent at Rs. 11.30 today, matching its daily weighted average rate. The fund's size is reported at Rs. 70.041 million, with no distributions for the years mentioned. It holds a pa...
Read More »Bank Al Habib Limited Announces Perpetual TFC Issue Worth Rs. 7 Billion
Karachi: Bank Al Habib Limited has issued a perpetual Term Finance Certificate (Tier-I), with the symbol BAHLTFC9, to raise Rs. 7,000,000,000. The certificate, with a market lot of 1 and a face value of Rs. 5,000, carries a profit rate of 6M KIBOR + 1...
Read More »Agha Steel Industries Limited Issues 6-Year Sukuk with 3M KIBOR+0.8% Return
Karachi: Agha Steel Industries Limited has announced the issuance of a 6-year Sukuk with a face value of Rs. 1,000,000 per unit. The profit rate is set at the 3-month Karachi Interbank Offered Rate (KIBOR) plus an additional 0.8%. The total issue size...
Read More »Mughal Iron & Steel Industries Limited Discloses Sukuk Details with a December 2023 Coupon Date
Karachi: Mughal Iron & Steel Industries Limited has announced the placement of Sukuk with a 5-year tenure and a face value of Rs. 1,000,000 each. The Sukuk is structured with a profit rate of 3-month KIBOR plus 1.3%. This issuance totals Rs. 3,000,000...
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