Day: November 3, 2023

Askari Sovereign Cash Fund Reports Increased Distribution

Karachi: The Askari Sovereign Cash Fund has posted an 8.64% distribution yield with an unchanged offer and redemption price at Rs. 100.98. The fund has declared a distribution of Rs. 4.9848 per unit, seeing an increase from Rs. 4.2976 per unit in the …

Askari Sovereign Yield Enhancer Distributes Profits

Karachi: The Askari Sovereign Yield Enhancer has announced a 4.19% distribution yield with an offer price of Rs. 103.92 and a redemption price of Rs. 102.92. Distributions are reported at Rs. 4.3736 per unit, which is a decrease compared to Rs. 6.4057…

Atlas Income Fund Declares Distribution for Shareholders

Karachi: Atlas Income Fund has recorded an offer and redemption price at Rs. 565.85 with a distribution yield of 5.40% and declared a distribution of Rs. 24 per unit. The fund has been traded on the Pakistan Stock Exchange since 2004.

Atlas Islamic Money Market Fund Prices Remain Steady

Karachi: The Atlas Islamic Money Market Fund has maintained a consistent offer and redemption price at Rs. 506.06 as of June 2023. The fund has not announced any distributions for the current or previous years. It has been available for investors on t…

Image Pakistan Limited Reschedules Corporate Briefing Session

Karachi: Due to the public holiday announced by the Government of Pakistan on 9th November, 2023, Image Pakistan Limited has rescheduled its Corporate Briefing session. The new date for the session is Tuesday, 7th November, 2023.

The briefing will t…

Atlas Islamic Stock Fund Announces Distribution Yield

Karachi: Atlas Islamic Stock Fund has reported an offer and redemption price of Rs. 616.11 with a distribution yield of 7.00%. There were no distributions announced for the previous year. The fund, listed in 2007, has remained active on the Pakistan S…

Atlas Liquid Fund Reports Stable Pricing

Karachi, Introduced in 2021, the Atlas Liquid Fund disclosed an offer and redemption price of 500 for June 2023, with no distributions recorded for the period.

Summit Bank Limited Outlines Rights Issue Terms

Karachi: Summit Bank Limited has made a double announcement concerning its rights issues. The first proposal details a rights issue at the rate of 11.2443%, while the second proposition outlines a much higher rate of 65%. These rights issues are strat…