Day: October 25, 2023

Pakistan Services Ltd Remains Static in Distributions

Karachi, Pakistan Services Ltd (PSEL) was traded at Rs. 736.00 with a daily average of Rs. 784.86. The company has not announced any distributions for the years 2021, 2022, and 2023. With a turnover of 27,000 shares, the stock’s high rate for the year…

Bank Alfalah Limited Unveils 3-Year TFC Details

Karachi, Bank Alfalah Limited has another TFC, BAFLTFC7, with a market lot of 1 and a face value of Rs. 5,000. This security has a tenor of 3 years with a fixed profit rate of 9.03%. The total and outstanding amounts both stand at Rs. 11,000,000,000. …

NBP Islamic Fund Series: Redemption Prices and Distributions

Karachi, Details from the PSE have revealed the redemption prices for the NBP Islamic Fund series for the year ending in June 2023.

The NBP Islamic Daily Dividend Fund, listed in 2019, has set its redemption price at 10. No distributions were mentio…

Alfalah Consumer Index ETF NC Shares Performance Data

Karachi, Alfalah Consumer Index ETF NC, trading under the symbol ACIETF, reported today’s rate at Rs. 8.43 with a daily weighted average rate of Rs. 8.44. The fund size stands at Rs. 40.990 million. The equity has a market lot of 500 and did not list …

NBP Islamic Mahana Amdani Fund Announces Redemption Price

Karachi, The Pakistan Stock Exchange (PSE) has released details regarding the NBP Islamic Mahana Amdani Fund. The fund, which was listed in 2019, has set its redemption price at 10.75 for the year ending June 2023. No distributions were declared for t…

Agha Steel Industries Issues Sukuk of Rs. 5 Billion

Karachi, Agha Steel Industries Limited has issued Sukuk securities with a market lot of one. The face value of these securities is Rs. 1,000,000, with a tenor of 6 years. The total issue size stands at Rs. 5,000,000,000. The next coupon date for this …

NBP Islamic Money Market Fund Details Released

Karachi, According to the PSE, the NBP Islamic Money Market Fund, listed in 2018, has announced its redemption price at 10.78 for the year ending in June 2023. The fund did not provide any distributions for the years 2021, 2022, and 2023.

Power Holding Limited Reveals Substantial Sukuk Issues

Karachi, Power Holding Limited has announced two separate Sukuk issues. The first, symbolized as PESC1, has a staggering total issue size of Rs. 200,000,000,000 with a tenor of 10 years and a next coupon date on 01-Mar-2024. The second Sukuk, under th…

NBP Islamic Mustahkam Fund and its Fixed Term Munafa Plans Report

Karachi, The PSE has revealed the details for the NBP Islamic Mustahkam Fund and its associated Fixed Term Munafa Plans. The main fund and its two plans, NBP Islamic Fixed Term Munafa Plan I and II, all listed in 2023, did not declare any distribution…

Bank Alfalah Limited Declares Tier-I TFC Issue

Karachi, Bank Alfalah Limited has unveiled its financial blueprint with the introduction of a “TFC (Tier-I)”, symbolized as BAFLTFC8. The perpetual debt security boasts a total issue size of Rs. 7,000,000,000, with the subsequent coupon date set for 2…