Karachi, K-Electric Limited has issued a seven-year Sukuk, KELSC5, with a market lot of 1 and a face value of PKR 5,000. The profit rate is tied to 3M KIBOR+1.7%, demonstrating the company’s strategic funding initiatives. The issue size stands at PKR …
Karachi: Elite Capital Modaraba 1st, listed as FECM on the Pakistan Stock Exchange, ended the day at Rs. 3.25 on November 10, 2023. FECM, with a June year-end, announced a 3% distribution for the year. With a paid-up capital of Rs. 500 million, its ma…
Karachi: Summit Bank Limited has announced a seven-year term finance certificate, SMB LTF C, with a market lot of 1 and a face value of Rs. 5,000. The profit rate is pegged to the 6-month KIBOR plus 3.25%. The issue size is Rs. 1,500,000,000, with an …
Karachi: Elahi Cotton Mills Ltd., trading under the code ELCM, marked a closing rate of Rs. 65.63 on the Pakistan Stock Exchange as of November 10, 2023. The company, following a June financial year-end, did not announce any distributions. ELCM, with …
Karachi: Telecard Limited has listed a six-year term finance certificate, TELE TF C, with a market lot of 1 and a face value of Rs. 5,000. This security has a unique profit rate of 3-month KIBOR plus 0%. The total issued size was Rs. 2,400,000,000, an…
Karachi: Ahmad Hassan Textile Mills Limited, trading as AHTM, exhibited a closing rate of Rs. 45.56 on the Pakistan Stock Exchange as of November 10, 2023. The company, with a June financial year-end, declared distributions of 20.5% in 2021, 22.50% in…
Karachi: Worldcall Telecom Limited has concluded its five-year term finance certificate offering, symbolized as WTLTF C 3, with each lot valued at Rs. 5,000. The profit rate for the instrument was set at 6-month KIBOR plus 1.60%. The total issue size …
Karachi: Suraj Cotton Mills Ltd., listed as SURC, closed at Rs. 100.53 as of November 10, 2023. The company, following a June year-end, declared distributions of 100%10%B in 2021, 40% in 2022, and 10%10%B in 2023. SURC, with a paid-up capital of Rs. 5…
Karachi, (PPI Bot): Agha Steel Industries Limited has secured funding through the issuance of a Sukuk, identified by the symbol AGSILSC. The six-year Sukuk was issued with a market lot of 1 and a face value of PKR 1,000,000. It offers a profit rate of…
Karachi: IGI Life Insurance Ltd (IGIL) closed at Rs. 10.24. Listed in 1995, IGIL did not declare any distributions in recent years. The company’s paid-up capital is Rs. 2,449 million, and its daily weighted average rate decreased from Rs. 11.34 to Rs….
Karachi, Askari Bank Limited has successfully issued two tranches of debt securities: a perpetual term financing certificate (TFC) and a 10-year TFC. The perpetual TFC, symbolized as AKBLTFC6, carries a face value of 1,000,000 PKR with a profit rate o…
Karachi: Nagina Cotton Mills Ltd. (NAGC), operational since 1988, closed at Rs. 55.00. The company maintained high distributions of 100% in both 2021 and 2022, and 60% in 2023. NAGC’s paid-up capital is Rs. 210 million, with a daily weighted average r…
