Day: November 23, 2023

Hum Network and Interloop Join January Futures Trading

Karachi, (PPI Bot): Hum Network Limited (HUMNL) and Interloop Limited (ILP) have been included in the January 2024 Deliverable Future Contracts (FUT) on the Pakistan Stock Exchange. The trading period for HUMNL-JAN and ILP-JAN is from October 30, 2023…

Summit Bank Limited Sets High Profit Rate for Seven-Year TFC

Karachi, (PPI Bot): Summit Bank Limited has issued a seven-year Term Finance Certificate (TFC), SMBLTFC, with a market lot of 1 and a face value of PKR 5,000. This TFC offers a profit rate of 6M KIBOR + 3.25%. The total size of the issue is PKR 1.5 bi…

Systems Limited Concludes Futures Trading

Karachi, (PPI Bot): Systems Limited, known in the market as SYS-NOV, has concluded its Deliverable Future Contracts for November 2023. The contract period, which began on August 28, 2023, and ended on November 24, 2023, is due for settlement on Novemb…

JS Bank Limited Sets Perpetual Tier-I TFC in the Market

Karachi, (PPI Bot): JS Bank Limited has introduced a perpetual Tier-I TFC to the market under the symbol JSBLTFC2. Each certificate is valued at PKR 100,000, offering a profit rate of 6M KIBOR + 2.25%. The bank has raised PKR 2.5 billion, which remain…

TPL CORP Limited Finalizes Futures Contract

Karachi, (PPI Bot): TPL CORP Limited, listed under the symbol TPL-NOV, has concluded its deliverable futures contract period. The contract, active from August 28, 2023, to November 24, 2023, will settle on November 28, 2023.

United Bank Ltd. Finalizes Futures Contract

Karachi, (PPI Bot): United Bank Ltd., known in the market as UBL-NOVB, has concluded its futures contract period for November 2023. The contract, spanning from August 28, 2023, to November 24, 2023, is due for settlement on November 28, 2023.

TPL Corp Limited Raises Funds Through Sukuk and TFC

Karachi, (PPI Bot): TPL Corp Limited has raised funds through both a Sukuk and a Term Finance Certificate (TFC). The Sukuk, coded TPLSC, carries a market lot of 1 and a face value of PKR 100,000, with a profit rate of 3M KIBOR + 2.25% over five years….