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Karachi: The Atlas Islamic Income Fund has declared a distribution of 5.70%, translating to Rs 24.50 per unit for the period ending June 2023. The fund has kept its offer and redemption price stable at Rs. 544.94. The fund was first listed in 2008.

Karachi: Continuing its presence in the debt market, Askari Bank Limited has issued a 10-year Tier-II TFC, also with a face value of Rs. 1,000,000 per certificate. The profit rate is pegged to the 3-month KIBOR with an increment of 1.2%. The bank repo...

Karachi: Samba Bank Limited has introduced a 10-year Tier-II TFC to investors, with a face value of Rs. 100,000. The TFC will generate returns at a rate of 6-month KIBOR plus 1.35%. A total of Rs. 5,000,000,000 has been raised through this issuance. H...

Karachi: AWT - Financial Sector Income Fund, listed in 2023, announced both its offer and redemption prices at Rs. 108.41. Having completed its first year on the Pakistan Stock Exchange, the fund has not yet declared any distributions for its unit hol...

Karachi: Pakistan Tobacco Co. (PAKT) traded at Rs. 903.00 with a daily weighted average close to Rs. 900.33. The company experienced a marked decrease in its annual distribution, announcing 100%(I) for 2023, a substantial drop from the previous year's...

Karachi: Shell (Pakistan) Ltd. (SHEL) saw its shares close at Rs. 152.50, while the daily weighted average stood slightly higher at Rs. 153.47. The company, with a paid-up capital of Rs. 2,140.25 million, declared a 50%(I) interim dividend for Decembe...

Karachi: Lakson Asset Allocation Developed Markets Fund, listed on the PSE in 2011, announced a distribution of Rs 4.5573 per unit for the year ending June 2023. The offer price of the fund was Rs 198.5, and the redemption price was Rs 193.04. The fun...