Karachi: Summit Bank Limited has made public its plans for two distinct rights issues. The bank is set to propose the first rights issue at a rate of 11.2443% and the second one at a rate of 65%.

Karachi: The Al Meezan Mutual Fund has reported an offer price of Rs 19.74 and a redemption price of Rs 19.3 as of the year ending in June, with no distributions made for the year 2023. Previously, the fund had distributed 10% to its investors in 2021…

Karachi: In today’s trading session, 786 Invest Ltd. closed at Rs. 5.65, up by Rs. 0.94 from its opening at Rs. 4.71. The stock reached a high of Rs. 5.62 with a volume of 12,000 shares traded, ending slightly above at Rs. 5.7.

Karachi: Alfalah GHP Alpha Fund has declared an offer price of Rs 64.52 and a redemption price of Rs 62.4, with no distributions reported for the year 2023. The fund had a distribution of 4.34% in the prior year. The fund has been operational and list…

Karachi: Abbott Laboratories concluded the trading day at Rs. 404, up from an opening of Rs. 400. The shares saw a low of Rs. 390.6 and peaked at Rs. 404, with a closing price slightly lower at Rs. 399, and a total of 18,900 shares traded.

Karachi: Maple Leaf Cement’s January futures (MLCF-JAN) stood unchanged due to zero trades, however, the expected closing value was noted at PKR 38.39, against a daily high of PKR 38.93.

Karachi: Adam Sugar’s stock price remained unchanged, closing at its opening price of Rs. 35.01. During the session, the stock fluctuated between Rs. 34.3 and Rs. 35, with a total of 19,500 shares traded, and closed at Rs. 36.9.

Karachi: The Alfalah GHP Capital Preservation Fund has listed its offer and redemption prices at Rs 0 for the financial year ending June. The fund, which has been part of the Pakistan Stock Exchange since 2014, has not indicated any distributions or a…

Karachi: AEL Textile Ltd. saw an increase in its share price, closing at Rs. 19.5 compared to its opening at Rs. 19. The stock hit a high of Rs. 19.5 with a total volume of 15,000 shares, closing at the same peak price.

Karachi: Mehran Sugar (MRNS) closed at PKR 55.85, rising from an opening of PKR 54.99. The stock touched a low of PKR 54.5, equalling the day’s high, on a light trading volume of 17,500 shares, with a final price of PKR 54.

Karachi: Agha Steel Industries’ future contracts exhibited mixed closures today. The December contract (AGHA-DEC) and January contract (AGHA-JAN) both closed at zero with their respective high points at Rs. 16.82 and Rs. 17.14, while the November cont…