Day: April 29, 2024

Orient Rental Modaraba Maintains Steady Rate

Karachi, Orient Rental Modaraba (ORM) closed today’s trading session with a stable rate of Rs. 6.99 on the Pakistan Stock Exchange. The company’s paid-up capital is recorded at Rs. 750.00 million, with no distributions reported for the year ending Jun…

K-Electric Limited Issues Sukuk with Tenor of 7 Years

Karachi, K-Electric Limited (KEL) entered the debt securities market with the issuance of Sukuk under the symbol code KELSC6. The Sukuk, with a tenor of 7 years, presents investors with a promising opportunity. The total issue size stands at Rs. 6,700…

Prudential Modaraba 1st Reports Nominal Rate

Karachi, Prudential Modaraba 1st (PMI) closed today’s trading session with a nominal rate of Rs. 1.84 on the Pakistan Stock Exchange. The company’s paid-up capital stands at Rs. 1,293.92 million, with distributions reported at 1.70% and 3% for the yea…

Soneri Bank Limited Offers Tier-II TFC with 10-Year Tenor

Lahore, Soneri Bank Limited (SNBL) introduced its Tier-II TFC (Term Finance Certificate) with a tenor of 10 years, signifying a long-term investment avenue for investors. Traded under the symbol code SNBLTFC4, the TFC boasts a total issue size of Rs. …

Trust Modaraba Reports Nominal Rate

Karachi, Trust Modaraba (TRSM) concluded today’s trading session with a nominal rate of Rs. 2.09 on the Pakistan Stock Exchange. The company’s paid-up capital stands at Rs. 298.00 million, with no distributions reported for the year ending June. TRSM,…

Bank Al Habib Limited Offers Tier-II TFC with 10-Year Tenor

Karachi, Bank Al Habib Limited (BAHL) unveiled its Tier-II TFC (Term Finance Certificate) with a tenor of 10 years, providing investors with a stable long-term investment option. Traded under the symbol code BAHLTFC10, the TFC boasts a significant tot…

JS Bank Limited Introduces Tier-II TFC with 10-Year Tenor

Islamabad, JS Bank Limited (JSBL) expanded its portfolio with the introduction of a Tier-II TFC (Term Finance Certificate) featuring a 10-year tenor, offering investors a stable long-term investment opportunity. Traded under the symbol code JSBLTFC4, …

Security Leasing Corp. Prefers Not to Distribute Dividends

Karachi, Security Leasing Corp., trading as SLCPA, opted not to distribute any dividends for the current year. The company, listed in 2003, had its stock rated at Rs. 112.50 today. No earnings per share or turnover data were disclosed for the January-…

TPL Properties Limited Issues TFC with 1-Year Tenor

Karachi, TPL Properties Limited ventured into the debt securities market with the issuance of a TFC (Term Finance Certificate) featuring a 1-year tenor, providing investors with a short-term investment opportunity. Traded under the symbol code TPLPTFC…

786 Smart Fund Shows Consistent Performance

Islamabad, The 786 Smart Fund maintained its steady performance in the financial year ending June 2024, according to the latest financial announcements from the Pakistan Stock Exchange. The fund reported an offer price of Rs. 92.11 per unit and a rede…

ABL Cash Fund Demonstrates Resilience in Market Volatility

Karachi, Despite market volatility, the ABL Cash Fund demonstrated resilience with an offer price of Rs. 10.41 per unit and a redemption price of Rs. 10.32 per unit for the year ending June 2024. The fund recorded distributions of 8.34%, providing inv…