IGI Life inks agreement with Mahaana Wealth for pension fund launch

15:30
January 12, 2024

January 12, 2024 (MLN): IGI Life Insurance Limited (PSX: IGIL) has signed an agreement with Mahaana Wealth Limited for the establishment of its voluntary pension fund, the company’s filing on the domestic equity market revealed today.

This development follows the Board of Directors’ (BoD) authorization to commence the process of establishing the fund, subject to regulatory and corporate approvals, as of March 21, 2023.

Later on July 27, 2023, the Securities And Exchange Commission Of Pakistan (SECP) registered the company as a pension fund manager.

The establishment of the pension fund is a significant step forward for IGI Life as it expands its range of financial services to customers.

Moreover, it will provide an opportunity for individuals to save for their retirement, while also benefitting from expert investment advice.

Copyright Mettis Link News

Posted on: 2024-01-12T15:29:38+05:00

FOREX

EQUITY

COMMODITIES

FOREX

PairID	Symbol	Bid	Ask	High	Low	Update
1	PKR	278.15000	278.35000	278.35000	278.15000	03:02 PM
2	EUR	1.07548	1.07556	1.07556	1.07548	04:30 PM
3	GBP	1.25085	1.25094	1.25094	1.25085	04:30 PM
4	CHF	0.90863	0.90873	0.90873	0.90863	04:30 PM
5	JPY	154.66400	154.67400	154.67400	154.66400	04:30 PM
6	CAD	1.37255	1.37264	1.37264	1.37255	04:30 PM
7	AUD	0.65980	0.65985	0.65985	0.65980	04:30 PM
8	INR	83.46600	83.46650	83.46650	83.46600	04:30 PM
9	SAR	3.75040	3.75060	3.75060	3.75040	01:30 AM
10	AED	3.67280	3.67300	3.67300	3.67280	01:30 AM
11	HKD	7.82150	7.82160	7.82160	7.82150	04:30 PM
12	CNH	7.22371	7.22431	7.22431	7.22371	04:30 PM
13	CNY	7.21810	7.21920	7.21920	7.21810	11:59 PM
14	THB	36.89000	36.91000	36.91000	36.89000	04:30 PM
15	MYR	4.73550	4.74050	4.74050	4.73550	05:21 AM
16	IDR	16,069.00000	16,083.00000	16,083.00000	16,069.00000	04:30 PM
17	SGD	1.35427	1.35445	1.35445	1.35427	04:30 PM
18	NZD	0.60016	0.60024	0.60024	0.60016	04:30 PM
19	MXN	16.88730	16.91730	16.91730	16.88730	04:30 PM
20	TRY	32.26110	32.27110	32.27110	32.26110	04:30 PM
21	SEK	10.86000	10.86270	10.86272	10.85995	04:30 PM
22	ZAR	18.50510	18.53730	18.53731	18.50505	04:30 PM
23	NOK	10.89490	10.91010	10.91007	10.89492	04:30 PM
24	DKK	6.93502	6.93591	6.93591	6.93502	04:30 PM
25	ARS	880.74900	880.75900	880.75910	880.74910	04:29 PM
26	BDT	108.09700	111.44000	111.44030	108.09681	07:19 AM
27	BHD	0.37699	0.37711	0.37711	0.37699	12:29 AM
28	BRL	5.06870	5.07170	5.07170	5.06870	04:30 PM
29	KRW	1,358.34000	1,360.34000	1,360.34000	1,358.34000	04:30 PM
30	KWD	0.30735	0.30745	0.30745	0.30735	12:44 AM
31	LKR	296.50200	303.00400	303.00357	296.50234	07:19 AM
32	OMR	0.38485	0.38497	0.38497	0.38485	12:29 AM
33	QAR	3.64500	3.64700	3.64700	3.64500	01:30 AM
34	RUB	91.28000	91.30000	91.30000	91.28000	12:24 PM
35	AFN	70.00000	72.00000	72.00000	70.00000	10:34 AM
36	AZN	1.70000	1.70000	1.70000	1.70000	06:42 AM
37	TMT	3.36000	3.66000	3.66000	3.36000	12:13 PM
38	MVR	15.26000	15.66000	15.66000	15.26000	12:35 PM
39	UZS	12,680.00000	12,730.00000	12,730.00000	12,680.00000	12:46 PM
40	PHP	57.17300	57.25200	57.25200	57.17300	04:30 PM
42	NGN	1,388.50000	1,389.50000	1,389.50000	1,388.50000	12:32 PM
43	KES	131.00000	133.00000	133.00000	131.00000	11:14 AM
44	AMD	387.73000	387.73000	387.73000	387.73000	08:02 AM
45	TWD	32.41500	32.41600	32.41600	32.41500	04:30 PM
46	XAU	2,313.82000	2,314.14000	2,314.14000	2,313.82000	04:30 PM
47	XAG	27.25930	27.26780	27.26780	27.25930	04:30 PM
48	XPT	978.40000	980.80000	980.80000	978.40000	01:30 AM
49	XPD	969.50000	977.50000	977.50000	969.50000	01:30 AM
2,120	VES	36.47490	36.57640	36.57636	36.47486	12:12 PM
2,212	UGX	3,723.34000	3,806.93000	3,806.93216	3,723.34497	07:19 AM
2,213	TZS	2,584.99000	2,585.01000	2,585.01500	2,584.98500	09:39 AM

Data is delayed by 20 minutes

EQUITY

Name	High	Current	Low	Change	% Change	Volume	Value	DateTime
KSE100	73,260.09	72,761.197	72,707.96	-3.044	-0.004	269,925,733.0	14,389,774,529.910	07/05/2024 04:12 PM
ALLSHR	47,516.38	47,235.677	47,221.25	-115.474	-0.244	621,623,304.0	24,967,684,842.320	07/05/2024 04:12 PM
KSE30	23,817.72	23,625.133	23,601.16	-150.315	-0.632	91,454,277.0	9,555,771,744.300	07/05/2024 04:12 PM
KMI30	122,657.69	121,370.915	121,241.56	-789.111	-0.646	127,372,941.0	9,450,424,318.680	07/05/2024 04:12 PM
KMIALLSHR	34,078.04	33,787.987	33,770.81	-177.513	-0.523	414,143,971.0	20,346,214,961.750	07/05/2024 04:12 PM
BKTi	17,725.59	17,646.713	17,630.03	-35.953	-0.203	15,629,083.0	1,320,739,298.680	07/05/2024 04:12 PM
OGTi	17,374.06	17,096.072	17,062.92	-265.415	-1.529	18,770,053.0	2,577,165,379.890	07/05/2024 04:12 PM

Data is delayed by 20 minutes

COMMODITIES

Name	Symbol	Last	High	Low	Change
BITCOIN FUTURES	BTC	63,450.0	64,835.0	63,160.0	-135.00
BRENT CRUDE	EB	83.3	83.9	82.4	-0.06
RICHARDS BAY COAL MONTHLY	EF	101.9	0.0	0.0	-7.05
ROTTERDAM COAL MONTHLY	ET	110.0	110.0	109.0	0.65
USD RBD PALM OLEIN	POL	832.5	832.5	832.5	0.00
CRUDE OIL – WTI	QCL	78.6	79.2	77.6	0.08
SUGAR #11 WORLD	SB	20.0	20.0	19.4	0.47

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