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Pace (Pakistan) Limited Observes Negligible Rate Variation

October 26, 2023 Uncategorized

Karachi, Pace (Pakistan) Limited (PACE) closed its trading day at a rate of Rs. 1.94, barely deviating from its daily weighted average rate of Rs. 1.95. The company, with a paid-up capital of Rs. 2,788.77 million, marks its year-end in June. There wer...

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Bank Al Habib Limited Releases “Tier-II” TFC

October 26, 2023 Uncategorized

Karachi, Bank Al Habib Limited has introduced a "Tier-II" TFC with the symbol BAHLTFC10. These debt securities have a face value of Rs. 5,000 each and a tenor of 10 years. The total issue size is substantial, at Rs. 7,000,000,000, and the next coupon ...

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Hub Power Holdings Limited Launches Sukuk with 5-Year Tenor

October 26, 2023 Uncategorized

Karachi, Hub Power Holdings Limited introduced a Sukuk with the symbol HUBPHLSC, featuring a face value of Rs. 100,000 and a tenor of 5 years. This Sukuk has a total issue size of Rs. 6,000,000,000. Investors can expect the next coupon date on 12th No...

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Bank Islami Pakistan Limited Launches Sukuk (Tier-I)

October 26, 2023 Uncategorized

Karachi, Bank Islami Pakistan Limited unveiled Sukuk (Tier-I) with the symbol BIPLSC, having a face value of Rs. 5,000 and a perpetual tenor. This Sukuk offers a profit rate of 3M KIBOR+2.75%. The total issue size is Rs. 2,000,000,000, and it currentl...

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Al Ameen Islamic Financial Planning Fund II Al Ameen Islamic Active Allocation Plan VIII Reports No Distributions

October 26, 2023 Uncategorized

Karachi, Al Ameen Islamic Financial Planning Fund II Al Ameen Islamic Active Allocation Plan VIII reported an offer price of Rs. 88.49 and a redemption price for June. No distributions were reported for the years 2021, 2022, and 2023. The fund was lis...

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ABL Islamic Financial Planning Fund Active Allocation Plan Reports 7.14% Distribution for 2021

October 26, 2023 Uncategorized

Karachi, ABL Islamic Financial Planning Fund Active Allocation Plan announced an offer price of Rs. 85.15 and a distribution of 7.14% for the year ending June 2021. There were no distributions reported for the years 2022 and 2023. The previous book cl...

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Alfalah Consumer Index ETF Registers Slight Increase Amidst Market Activity

October 26, 2023 Uncategorized

Karachi, Alfalah Consumer Index ETF (ACIETF) experienced a moderate trading day with the rate closing at PKR 8.49, a variance noted from the daily weighted average rate of PKR 40.990. The fund size for ACIETF stands at PKR in millions, while the marke...

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Asianet Pakistan

Asia Net Pakistan is a website that provides press release distribution and publishes news online across various sectors including business, politics, sports, and entertainment. The primary goal is to keep readers informed about happenings that can impact their lives. The website publishes news and highlights issues, urging concerned authorities to address them.

  • PM Expresses Satisfaction Over SBP Reserves Reaching Historic High of $21.4b

    3 days ago
  • No One Permitted to March on Islamabad, Declares Mohsin Naqvi

    3 days ago
  • Pakistan Emphasizes Diplomacy for Iran Nuclear Issue

    3 days ago
  • DPM Reviews Implementation of PM’s Special Relief Scheme

    3 days ago
  • Dar Stresses Effective Follow-Up on Foreign Policy Priorities

    3 days ago

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