Day: November 23, 2023

Askari Bank Limited Offers Decade-Long Tier-II TFC

Karachi, (PPI Bot): Askari Bank Limited has placed a ten-year Tier-II Term Finance Certificate (TFC) on the market, with the symbol AKBLTFC7. The TFC has a market lot of 1 and a face value of PKR 1,000,000, providing a profit rate of 3M KIBOR + 1.2%. …

Century Paper Records Slight Increase in Share Value

Karachi, (PPI Bot): Century Paper (CEPB) opened at 35 and closed at 35.7, showing a slight increase in share value. The stock’s low and high for the day were 34.61 and 34.77, respectively. A total of 850,000 shares were traded, with the closing price …

NAFA Islamic Active Allocation Fund I Maintains Plan V Price

Karachi, (PPI Bot): NAFA Islamic Active Allocation Fund – I, for its Plan-V also listed in 2016, maintained a redemption price of 97.25 as of the market summary dated 23 Nov 2023. The fund did not report its offer price and has not declared any distri…

NAFA Islamic Active Allocation Fund II Reports Steady Prices

Karachi, (PPI Bot): NAFA Islamic Active Allocation Fund – II, listed in 2017, reported no distributions for 2022 but a 1.618% distribution for 2023. The fund, with a June year-end, has not disclosed its offer price and announced no distributions for t…

Chashma Sugar Maintains Steady Stock Value

Karachi, (PPI Bot): Chashma Sugar (CHAS) opened at 61.99 and closed at 62, maintaining a steady stock value. The stock experienced a low of 60 and a high of 60. A total of 2,000 shares were traded, with the closing price recorded at 61.99.

Escorts Bank Maintains Stable Stock Value

Karachi, (PPI Bot): Escorts Bank (ESBL) maintained a stable stock value throughout the day, opening and closing at 5. The stock varied between a low of 4.55 and a high of 4.94, with a total of 71,000 shares traded. The closing price was recorded at 4….

Mughal Iron & Steel Industries Limited Lists Five-Year Sukuk

Karachi, (PPI Bot): Mughal Iron & Steel Industries Limited has listed a five-year Sukuk, MUGHALSC, with a face value of PKR 1,000,000 per unit. The profit rate is set at 3M KIBOR + 1.3%, against a total issue size of PKR 3 billion. The company has…