Category: Business & Finance

Bank Al Habib Limited Tier-II TFC Offering

Karachi, (PPI Bot): Bank Al Habib Limited has announced its Tier-II Term Finance Certificates (TFCs) issuance, designated as BAHLTFC10. The TFCs, with a market lot of 1, are valued at a face value of PKR 5,000 each. These ten-year term securities have…

Atlas Sovereign Fund Demonstrates Solid Growth

Karachi, (PPI Bot): Atlas Sovereign Fund demonstrated solid growth in the Pakistan Stock Exchange, with both the offer and redemption prices at Rs. 111.5. The fund, which concludes its fiscal year in June, distributed 9.50% in 2021 and Rs.4.75 per uni…

K-Electric Limited Sukuk Release

Karachi, (PPI Bot): K-Electric Limited has released Sukuk securities under the symbol KELSC6. With a market lot of 1, these Sukuks are valued at a face value of PKR 100,000 each and have a tenor of 7 years. The profit rate is set at 3-month KIBOR plus…

Millat Tractors Ltd. Maintains Strong Market Position

Karachi, (PPI Bot): Millat Tractors Ltd. maintained a strong position in the Pakistan Stock Exchange, closing at Rs. 525.88. The company’s stock reached a high of Rs. 578.99 and a low of Rs. 373, with a turnover of 21,500,582 shares. Millat Tractors d…

Pakistan Tobacco Co. Demonstrates Strong Performance

Karachi, (PPI Bot): Pakistan Tobacco Co. NC reported a share price of Rs. 2,554.94, with a daily weighted average rate of Rs. 615.80. The turnover was 410,500 shares. The company announced distributions of 800%, 200%, and 100% (I) for the years 2021, …

U.D.L. Modaraba Posts Significant Distributions

Karachi, (PPI Bot): U.D.L. Modaraba 1st NC has declared an 11% distribution for the year, with an additional 19% for the following period. The company’s paid-up capital is Rs. 351.21 million, and it has recorded an EPS of Rs. 0.84, showcasing strong f…

Soneri Bank Limited TFC Tier-II Announcement

Karachi, (PPI Bot): Soneri Bank Limited has publicized the issuance of its Tier-II Term Finance Certificates (TFCs), with the trading symbol SNBLTFC4. Each TFC is released with a market lot size of 1 and a face value of PKR 100,000. The profit rate fo…

Unit Trust of Pakistan Shows Significant Distribution for 2021

Karachi, (PPI Bot): The Unit Trust of Pakistan, listed since 2002, reported an offer price of PKR 190.84 and a redemption price of PKR 184.58. The fund announced a substantial distribution of PKR 12.00 per unit for 2021, with no distributions reported…

HBL Money Market Fund Announces Healthy Distributions

Karachi, (PPI Bot): The HBL Money Market Fund, listed in 2010, declared a 6.30% distribution in 2021 and Rs 5.15 per unit. The fund’s offer price was Rs. 112.3, and its redemption price was Rs. 111.04.

NBP Stock Fund Demonstrates Growth in Offer and Redemption Prices

Karachi, (PPI Bot): The NBP Stock Fund, one of the older mutual funds in Pakistan, listed since 2007, reported growth in its offer and redemption prices for the year ending June 2023. The fund’s offer price was PKR 19.92, and the redemption price was …