Day: November 10, 2023

UBL Financial Sector Fund Offers Conservative Allocation Plan

Karachi: UBL Financial Sector Fund, with its Conservative Allocation Plan, operational since 2017, exhibited both an offer and redemption price of Rs. 100.01 as of November 10, 2023. This plan targets conservative allocation strategies, aiming for sta…

Bank Alfalah Limited Issues Perpetual Debt Security

Karachi, Bank Alfalah Limited has successfully issued a perpetual term debt security, labeled under the symbol BAFLTFC6. According to information available from the Pakistan Stock Exchange (PSX), the issue size amounts to PKR 7,000,000,000 with an out…

AWT – Income Fund Shows Consistent Performance

Karachi: The AWT – Income Fund, operational since 2012, presented an offer price of Rs. 121.05 and a redemption price of Rs. 119.7. This fund, which also follows a June year-ending schedule, has been a steady player in the market since its listing in …

Bank Alfalah Limited Announces Three-Year Fixed Rate Debt Security

Karachi: A three-year fixed-rate debt security has been introduced by Bank Alfalah Limited, under the symbol BAF LTF C 7. The market lot is 1, and the face value per security is Rs. 5,000, offering a fixed profit rate of 9.03%. The total issue size am…

Al Ameen Islamic Dedicated Equity Fund Stable in the Market

Karachi: The Al Ameen Islamic Dedicated Equity Fund, operational since 2016, presented an offer price and a redemption price both at Rs. 107.79. This fund, adhering to Islamic investment guidelines, wraps up its financial year in June.

Soneri Bank Limited Lists Perpetual Debt Instrument

Karachi: Soneri Bank Limited has listed a perpetual debt instrument, SNB LTF C 3, on the Pakistan Stock Exchange. With a market lot of 1 and a face value of Rs. 5,000, the profit rate is based on a 6-month KIBOR plus an additional 2.00%. The total iss…

Alfalah GHP Income Fund Reports No Activity

Karachi: The Alfalah GHP Income Fund, listed since 2007, recorded both an offer price and a redemption price at Rs. 0. The fund, focusing on income generation, concludes its financial year each June.

United Bank Limited Offers Perpetual Tier-I Capital Certificate

Karachi: United Bank Limited has offered a perpetual Tier-I capital certificate, UBLTF C 5, to the market. The market lot is 1, with a face value of Rs. 5,000. The profit rate is determined by the 3-month KIBOR plus 1.55%. The total issue size is Rs. …

Alhamra Islamic Asset Allocation Fund Maintains Steady Prices

Karachi: The Alhamra Islamic Asset Allocation Fund, operational since 2006, reported an offer price of Rs. 85.53 and a redemption price of Rs. 82.73. The fund, focusing on Islamic asset allocation, concludes its financial year each June.

Bank Islami Pakistan Limited Introduces Sukuk Security

Karachi: Bank Islami Pakistan Limited has introduced a perpetual Sukuk security, BIPLSC, with a single unit market lot and a face value of Rs. 5,000. The profit rate is set at 3-month KIBOR plus 2.75%. The issue size is Rs. 2,000,000,000, with the tot…

Askari High Yield Scheme Reports Stable Performance

Karachi: The Askari High Yield Scheme, operational since 2006, presented an offer price of Rs. 104.28 and a redemption price of Rs. 102.2. The fund, which aims to yield high returns, distributed Rs 8.2722 per unit in 2021 and concludes its financial y…