Foreign Institutional investors acquire 2.9% of Meezan Bank’s Sale Shares

MG News | March 15, 2019 at 09:53 AM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

March 15, 2019 (MLN): Noor Financial Investment Company (Noor) has successfully completed the divestment/sale of 34.307 million ordinary shares in Meezan Bank Limited (MEBL), which constitute a total of 2.934% of the total issued and paid up capital of the Bank (Sale Shares).

According to a notification issued to the Pakistan Stock Exchange (PSX), these Sale Shares have been acquired by various foreign institutional investors at a purchase price of Rs.86 per share.

Copyright Mettis Link News

Related News

PSX Closing Bell: Gains Cut Short

Pakistan mutual funds hit Rs4.48tr; equity AUMs surge 9% MoM

S.G. Power rebrands as Crestwell Healthcare

Name	Price/Vol	%Chg/NChg
KSE100	166,498.84 185.04M	-0.57% -952.30
ALLSHR	100,481.40 703.99M	-0.51% -519.61
KSE30	49,764.01 68.59M	-0.64% -319.08
KMI30	240,340.56 94.21M	-0.36% -880.32
KMIALLSHR	65,599.63 389.80M	-0.33% -217.28
BKTi	45,136.63 31.52M	-1.09% -499.60
OGTi	35,252.30 4.64M	-0.58% -205.48

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	81,735.00	81,895.00 81,225.00	115.00 0.14%
BRENT CRUDE	106.30	106.65 106.26	0.58 0.55%
RICHARDS BAY COAL MONTHLY	110.00	0.00 0.00	-6.70 -5.74%
ROTTERDAM COAL MONTHLY	108.25	108.25 107.25	0.00 0.00%
USD RBD PALM OLEIN	1,191.50	1,191.50 1,191.50	0.00 0.00%
CRUDE OIL - WTI	97.54	97.88 97.23	-3.63 -3.59%
SUGAR #11 WORLD	15.00	15.42 14.92	-0.38 -2.47%