Karachi: Symmetry Group Limited (SYM) ended the day at Rs. 3.78 per share, closely tracking its daily weighted average of Rs. 3.80. With a paid-up capital of Rs. 285.25 million, the company declared a 5% distribution for June. SYM shares, with a par v...
Read More »Kohinoor Power Company Stays Steady in Low-Price Segment
Karachi: Kohinoor Power Company (KOHP) saw its shares trade at Rs. 4.00, below the daily weighted average of Rs. 3.84. The company, which had no distribution for the year, has a paid-up capital of Rs. 126.00 million. KOHP's shares have a par value of ...
Read More »Bank Islami Pakistan Limited Issues Perpetual Sukuk at 3M KIBOR+2.75%
Karachi: Bank Islami Pakistan Limited has entered the debt market with a Perpetual Sukuk, featuring a market lot of 1 and a face value of Rs. 5,000. The Sukuk carries a profit rate pegged at the 3-month Karachi Interbank Offered Rate (KIBOR) plus 2.75...
Read More »NBP Pakistan Growth ETF Trades at Rs. 10.86
Karachi: NBP Pakistan Growth ETF (NBPGETF) closed today at Rs. 10.86, with a declared distribution of 8% and an effective yield of 4.80%. The fund size is valued at Rs. 64.074 million. The par value per share is Rs. 10, and the market lot is 500 share...
Read More »Pakistan Business Group Launches Punjab Chapter to Bolster Economic Progress
Karachi, In a significant move to enhance economic development in Pakistan, the Pakistan Business Group (PBGO) inaugurated its Punjab chapter at a ceremony attended by key industrial and commerce figures. The event highlighted the contributions of Fara...
The post Pakistan Business Group Launches Punjab Chapter to Bolster Economic Progress appeared first on Pakistan Business News.
Read More »The Bank of Punjab Issues Perpetual TFC Raising Over Rs. 8 Billion
Karachi: The Bank of Punjab has issued a perpetual Term Finance Certificate (Tier-I), under the symbol BOPTFC2, with an impressive total issue size of Rs. 8,017,500,000. This instrument has a profit rate tied to 6M KIBOR + 2.00%, and with its perpetua...
Read More »U Microfinance Bank Limited Issues TFC with a 4-Year Tenor
Karachi: U Microfinance Bank Limited has entered the debt market with a TFC denoted by UMBLTFC1. This instrument has a face value of Rs. 100,000 and a 4-year tenor, carrying a profit rate based on 6M KIBOR + 1.35%. The total issue size for this TFC st...
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