Day: December 18, 2023

JS Growth Fund Announces Significant Distribution for June 2023

Karachi, The JS Growth Fund, established in 2013, disclosed its annual financial performance for June 2023. The fund maintained an offer price of 193.8 and a redemption price of 187.44, declaring a distribution of “Rs 12.00 per unit.” This marks a sig…

U Microfinance Bank Limited Issues TFC

Karachi, U Microfinance Bank Limited has entered the financial market with the issuance of a Term Finance Certificate (TFC), identified as UMBLTFC1. This TFC, with a total issue size of PKR 3.5 billion, has a tenure of four years and carries a face va…

Meezan Daily Income Fund Reports Stable Prices for 2023

Karachi, Listed in 2021, the Meezan Daily Income Fund disclosed its financial standings for the year. The fund reported an offer price of 50.57 and a redemption price of 50, with no distributions announced, indicating a steady performance in the marke…

Habib Bank Limited Announces Tier-I TFC

Karachi, Habib Bank Limited has introduced a “TFC (Tier-I)” (HBLTFC3) with a market lot of 1 and face value of Rs. 100,000. This perpetual security features a profit rate of “3M KIBOR +2.00%”, covering a total issue size and outstanding principal of R…

Askari General Insurance Co. Maintains Steady Growth

Karachi, Askari General Insurance Co. (AGIC) recorded a consistent performance with an EPS of Rs. 5.10 for January to November 2023, showing a steady increase from the previous year. The insurance company’s stock price stood at Rs. 19.06, both as toda…

Faisal Spinning Mills Ltd Showcases Strong Market Presence

Karachi, Faisal Spinning Mills Ltd. (FASM) demonstrated a strong presence in the Textile Composite sector, closing at Rs. 371.00 on the Pakistan Stock Exchange as of 18 Dec 2023. The company, with a paid-up capital of Rs. 100.00 million, maintained an…

NIT Government ETF Shows Positive Trends

Karachi, NIT Government ETF (NITGETF) is currently trading at Rs. 15.60. This ETF, with a fund size of Rs. 54.649 million, has seen a high rate of Rs. 12.8 and a low of Rs. 10.4 since 2020. It has a market lot of 500 and a turnover of 109,500.

NBP Pakistan Growth ETF Maintains Steady Growth

Karachi, NBP Pakistan Growth ETF (NBPGETF) today stands at Rs. 14.64. With a fund size of Rs. 74.011 million, it has recorded a high rate of Rs. 11.83 and a low of Rs. 8.94 since 2020. The market lot for this ETF is 500, and the turnover is reported a…

Meezan Pakistan ETF Shows Consistent Performance

Karachi, The Meezan Pakistan ETF (MZNPETF), with a rate of Rs. 12.20 and a fund size of Rs. 500 million, has been a consistent performer in the market. Since its listing in 2020, it has achieved a turnover of 10,419,500 with a low rate of Rs. 9.52.

JS Global Banking Sector ETF Records Significant Activity

Karachi, The JS Global Banking Sector ETF (JSGBETF) experienced a notable increase in trading volume on the Pakistan Stock Exchange, closing at Rs. 14.47. The ETF, which focuses on the banking sector, reported a substantial turnover of 5,098,500 units…