Karachi, Summit Bank Limited has announced two proposed rates for rights issues. The first proposed rate is at 11.2443%, and the second one stands at 65%. This unique move was highlighted in the recent market report from the Pakistan Stock Exchange (P…

Karachi, The Pakistan Stock Exchange (PSE) reported a mixed performance in its primary indices on Oct 26, 2023. The market’s primary index, the KSE-100, showed a modest increase of 8.15 points, or 0.02%, to close at 51,185.28. Similarly, the KSE-ALL-S…

Karachi, Faysal Islamic Savings Growth Fund reported an offer price of 110.68 at the end of its financial year in June. The fund declared a distribution of 4.70% for the year 2021 and Rs 4.31 per unit for the year 2022. No distributions were reported …

Karachi, In the latest financial announcement on the Pakistan Stock Exchange (PSE), the HBL Investment Fund (HIFA) reported a closing rate of Rs. 2.97, compared to its daily weighted average rate of Rs. 2.65. With a substantial paid-up capital of Rs. …

Karachi, Faysal MTS Fund concluded its financial year in June with an offer price of 110.22. The fund reported a distribution of 5.90% for the year 2021 and Rs 5.37 per unit for the year 2022. No distributions were reported for 2023. Since its listing…

Karachi, Allied Rental Modaraba (ARM) disclosed its financial performance for the year ending in June 2023. The company reported a closing rate of Rs. 27.50 on the Pakistan Stock Exchange (PSE) with a paid-up capital of Rs. 2,200 million. The modaraba…

Karachi, The Faysal Money Market Fund concluded its financial year with an offer price of 109.37 and a redemption price set at the same value. The fund reported a distribution of 6.95% for the year 2021 and Rs 5.04 per unit for the year 2022. No distr…

Karachi, AL-Noor Modaraba 1st (FANM) shared its financial results for the year ending June 2023. The company reported a consistent closing rate of Rs. 3.75, equivalent to its daily weighted average rate, on the PSE. With a paid-up capital of Rs. 231 m…

Karachi, Faysal Savings Growth Fund ended its financial year with an offer price of 111.32, with the redemption price matching the offer price. The fund declared a distribution of 5.75% for the year 2021 and Rs 4.75 per unit for the year 2022. No dist…

Karachi, The financial results for Elite Capital Modaraba 1st (FECM) for the year ending June 2023 are now public. FECM closed at a rate of Rs. 3.10 on the PSE and has a paid-up capital of Rs. 113.40 million. The modaraba declared a distribution of 3%…

Karachi, First Capital Mutual Fund reported an offer price of 0 at the end of its financial year in June, indicating a halt in its trading activities. No distributions were declared for the years 2021, 2022, and 2023. The fund has been a part of the o…