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Karachi: TPL Corp Limited has recently made an announcement regarding the issuance of Sukuk, denoted as TPLSC, with a face value of Rs. 100,000. The tenor for this Sukuk is set at 5 years and has a profit rate based on 3M KIBOR + 2.25%. The total issu...
Read More »P.S.O. November Futures Close Marginally Higher
Karachi: The November futures for Pakistan State Oil (PSO-NOVB) registered a minimal gain, opening at PKR 146.8 and closing at PKR 146.99. The trading range was narrow, with a low of PKR 143.32 and a high of PKR 144.64, on a traded volume of 1,004,000...
Read More »Khyber Textile Mills Ltd Holds Its Ground Without Dividend Announcements
Karachi: The share price for Khyber Textile Mills Ltd (KHYT) stood firm at Rs. 738.81, despite no dividend being announced for the years 2021, 2022, or 2023. The company's paid-up capital is Rs. 12.28 million. In the current trading year, shares reach...
Read More »Summit Bank Limited Introduces Seven-Year TFC at 6M KIBOR+3.25% Profit Rate
Karachi: Summit Bank Limited has announced its new TFC, SMBLTFC, which has a face value of 5,000 and a tenor lasting seven years. The profit rate is fixed at 6M KIBOR+3.25%. The total issue size stands at Rs. 1,500,000,000, with an outstanding princip...
Read More »Pak Qatar Islamic Stock Fund Receives 3-Star Ranking from PACRA
KARACHI, The Pakistan Credit Rating Agency (PACRA) has assigned an initial 3-Star ranking to the Pak Qatar Islamic Stock Fund, reflecting its performance within the backdrop of the broader Pakistani stock market's growth over the past year.According to...
The post Pak Qatar Islamic Stock Fund Receives 3-Star Ranking from PACRA appeared first on Pakistan Business News.
Read More »Foodpanda Pakistan Clinches Gold and Black Dragons at Dragons of Asia Awards
KARACHI, Foodpanda Pakistan has achieved notable recognition at the Dragons of Asia Awards, securing the prestigious Gold and Black Dragons, awards that celebrate excellence in marketing. The company's success at the event signifies its influential pre...
The post Foodpanda Pakistan Clinches Gold and Black Dragons at Dragons of Asia Awards appeared first on Pakistan Business News.
Read More »FPCCI President Calls for Protection and Empowerment of Pakistan’s Cottage Industry
KARACHI, In a significant call to action, Mr. Irfan Iqbal Sheikh, President of the Federation of Pakistan Chamber of Commerce and Industry (FPCCI), has urged the government to focus on policies that protect and enable the cottage industry in Pakistan, ...
The post FPCCI President Calls for Protection and Empowerment of Pakistan’s Cottage Industry appeared first on Pakistan Business News.
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