Day: November 23, 2023

AL Habib Money Market Fund Completes Its First Financial Year

Karachi, (PPI Bot): AL Habib Money Market Fund marked its first financial year since listing in 2022. The fund’s offer price was recorded at Rs. 103 and a redemption price at Rs. 100. As a new fund in the market, AL Habib Money Market Fund has not ann…

Worldcall Telecom Ltd. Concludes Futures Contract Term

Karachi, (PPI Bot): Worldcall Telecom Ltd., known in the market as WTL-NOV, has successfully completed its Deliverable Future Contracts for November 2023. The contract period, starting on August 28, 2023 and concluding on November 24, 2023, is schedul…

Bank Al Habib Limited Issues Ten-Year Tier-II TFC

Karachi, Bank Al Habib Limited is set to issue a Tier-II Term Finance Certificate, BAHLTFC10, with a ten-year maturity and an issue size of Rs. 7,000,000,000. The next coupon date is scheduled for June 23, 2024. This issuance will help enhance the ban…

K-Electric and Kohat Cement Co. Step Into January Futures Trading

Karachi, (PPI Bot): K-Electric Limited (KEL) and Kohat Cement Co. Ltd. (KOHC) have been included in the January 2024 Deliverable Future Contracts (FUT) on the Pakistan Stock Exchange. The trading period for KEL-JAN and KOHC-JAN is set from October 30,…

AL Habib Stock Fund Delivers Strong Distribution in 2021

Karachi, (PPI Bot): AL Habib Stock Fund reported a notable distribution for the year 2021. The fund, with an offer price of Rs. 102.76 and a redemption price of Rs. 100.75, declared a distribution of “Rs 16.00 per unit” in 2021, although it did not an…

Askari Bank Limited Wraps Up Futures Contract Duration

Karachi, (PPI Bot): Askari Bank Limited, known in the market as AKBL-DEC, has completed its Deliverable Future Contracts for December 2023. The contract period started on October 2, 2023, and ended on December 29, 2023, with the settlement scheduled f…

HBL Total Treasury ETF Positions Itself for a Maturing Market

Karachi, (PPI Bot): The HBL Total Treasury ETF, known as HBLTETF, is positioned for a maturing market with a current rate of PKR 10.95 and a daily weighted average rate of PKR 10.96. The fund’s size reaches PKR 537.670 million as of June, with a decla…

AWT – Financial Sector Income Fund Debuts in 2023

Karachi, (PPI Bot): AWT – Financial Sector Income Fund made its debut in the market in 2023. The fund’s offer and redemption prices both stood at Rs. 109.93. Being new to the market, it has not declared any distributions yet. The fund’s performance in…

Aisha Steel Mills Limited Completes Futures Contract Duration

Karachi, (PPI Bot): Aisha Steel Mills Limited, known in the market as ASL-DEC, has concluded its Deliverable Future Contracts for December 2023. The contract period, starting on October 2, 2023 and ending on December 29, 2023, will be settled on Janua…

MACPAC Films Ltd. Shows Robust Earnings Amidst Market Fluctuations

Karachi, (PPI Bot): Shares of MACPAC Films Ltd. (MACFL) held steady in the latest trading session, closing at Rs. 21.70 with a daily weighted average of Rs. 21.40. The company, with a paid-up capital of Rs. 593.01 million, reported substantial earning…

LALPIR Power and Lucky Cement Featured in January Futures Market

Karachi, (PPI Bot): LALPIR Power Limited (LPL) and Lucky Cement Limited (LUCK) have been included in the January 2024 Deliverable Future Contracts (FUT) on the Pakistan Stock Exchange. The trading period for LPL-JAN and LUCK-JAN is set from October 30…