Day: May 7, 2024

HBL Growth Fund Reports Distribution and Turnover

Karachi, In a recent update from the Pakistan Stock Exchange, the HBL Growth Fund – (A) NC has announced a distribution of 12% for its shareholders. The fund, listed since 1980, reported a significant turnover, reaching 3,782,000 units. Today’s rate c…

Summit Bank Limited Announces New 7-Year TFC

Karachi, Summit Bank Limited has announced a new 7-year term finance certificate (TFC) with a face value of Rs. 5,000. The TFC will offer a profit rate of 6-month KIBOR plus 3.25%. The total issue size for this TFC is Rs. 1.5 billion, with Rs. 1.4955 …

Punjab Modaraba Reports Loss, No Distribution Declared

Karachi, Punjab Modaraba 1st NC reported a challenging period with an EPS of -Rs. 2.54, indicating a loss. The company’s shares traded at a low of Rs. 1.62, and no distributions were declared for the year. Listed in 1993, the Karachi-based company exp…

Worldcall Telecom Limited TFC Matures

Karachi, Worldcall Telecom Limited’s 5-year term finance certificate (TFC) with a face value of Rs. 5,000 has matured. This TFC provided a profit rate of 6-month KIBOR plus 1.60%. The total issue size for this TFC was Rs. 4 billion, with the outstandi…

Bank Islami Pakistan Limited Announces Second Perpetual Sukuk

Karachi, Bank Islami Pakistan Limited has announced its second perpetual Sukuk with a face value of Rs. 5,000. This Sukuk will offer a profit rate of 1-month KIBOR plus 2.5%. The total issue size for this Sukuk is Rs. 1 billion, with the full amount c…

U.D.L. Modaraba Declares 19% Distribution Amidst Modest Trading

Karachi, U.D.L. Modaraba 1st. NC declared a 19% distribution for its shareholders, trading at Rs. 6.28. Despite modest trading activities, with a turnover of 1,762,500, the company reported a slight loss with an EPS of -Rs. 0.07. The Karachi-based ent…

MACPAC Films Ltd. Reports Modest Growth in EPS; Declares Dividend

Karachi, MACPAC Films Ltd., listed on the Pakistan Stock Exchange under the symbol code NC, today reported an earnings per share (EPS) of 6.39 for the period from January to April 2024. The company’s stock has shown a positive trend, with a daily weig…