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  • Day: December 18, 2023

BASF Environmental Catalyst and Metal Solutions sets the standard for 100% recycled platinum group metal (PGM) offering with Verdium™

With Verdium, customers can verify carbon reduction for recycled PGM purchases, including PGMs attributed to select end products One kilogram of Verdium recycled metal saves over thirty metric tons of carbon1 UL Solutions provides independent, third-party validation of the physical chain of custody and mass balance accounting ISELIN, N.J., Dec. 18,…

Kashf Foundation Releases TFC

Karachi, Kashf Foundation has launched its TFC (KFTFC1) with a market lot of 1 and a face value of Rs. 1,000,000. This four-year tenor security offers a profit rate of "3M KIBOR +2.25%", with a total issue size of Rs. 2,000,000,000 and an outstanding principal of Rs. 666,666,660. The next…

Bank Al Habib Limited Releases Tier-II TFC

Karachi, Bank Al Habib Limited has issued a "TFC (Tier-II)" (BAHLTFC10) with a market lot of 1 and face value of Rs. 5,000. This ten-year tenor security features a profit rate of "6M KIBOR +1.35%", covering a total issue size and outstanding principal of Rs. 7,000,000,000. The next coupon date…

Engineering Sector Reports Decline in Index on PSX

Karachi, The Engineering sector in the Pakistan Stock Exchange witnessed a decline in its index. The sector's market capitalization was Rs. 117,207,371,227, with a turnover of 13,491,589 and a traded value of Rs. 269,844,230.29. The index decreased by 515.840 points to 37,168.380. The Engineering sector represents 1.240% of the market…

AWT Funds Announce Year-End Prices

Karachi, The AWT - Financial Sector Income Fund, listed in 2023, declared an offer and redemption price of PKR 111.51. The AWT - Income Fund, listed since 2012, reported an offer price of PKR 123.81 and a redemption price of PKR 122.42, with a payout of "Rs 6.25 per unit."…