PSX resumes trading of FRR, VRR GIS with new profit rates
MG News | July 23, 2024 at 03:34 PM GMT+05:00
July 23, 2024 (MLN): The Pakistan Stock Exchange (PSX) has announced today that trading in the 3- and 5-year Fixed Rental Rate (FRR) and Variable Rental Rate (VRR) instruments issued on January 24, 2024, will resume on July 24, 2024.
The local bourse issued a notice today referring to a notice dated July 8, 2024, regarding the suspension of trading in GoP Ijarah Sukuk (GIS) due to issues related to the first rental payment.
Further to note that 3 & 5 Year VRR instruments of issue dated January 24, 2024 shall be tradeable based on revised profit rates details of which are as under:
| Instruments Code | Instruments Name | Net Profit Rate currently applicable % | Latest Weightage Average Yield % As of 10-Jul-24 | Spread % as per 23-Jan-24 Auction | Net Profit Rate% applicable from 24-Jul-24 |
|---|---|---|---|---|---|
| P03VRR240127 | 3-Year Variable Rental Rate – Maturity Date 24-Jan-27 | 21.1101 | 19.6839 | +0.15 | 19.8339 |
| P05VRR240129 | 5 Year Variable Rental Rate – Maturity Date 24-Jan-29 | 21.2401 | 19.6839 | +0.28 | 19.9639 |
Copyright Mettis Link News
Related News
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 164,626.29 351.26M | -0.98% -1632.25 |
| ALLSHR | 98,999.23 613.73M | -0.76% -757.44 |
| KSE30 | 50,342.54 122.55M | -1.13% -575.33 |
| KMI30 | 229,014.43 138.56M | -1.61% -3757.33 |
| KMIALLSHR | 63,057.91 362.66M | -1.13% -722.77 |
| BKTi | 49,028.54 65.39M | -0.01% -2.61 |
| OGTi | 32,109.94 7.71M | -1.79% -583.79 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 66,185.00 | 67,760.00 64,325.00 | -1640.00 -2.42% |
| BRENT CRUDE | 71.88 | 71.96 70.69 | 0.12 0.17% |
| RICHARDS BAY COAL MONTHLY | 96.00 | 0.00 0.00 | -3.50 -3.52% |
| ROTTERDAM COAL MONTHLY | 107.95 | 107.95 107.95 | 0.30 0.28% |
| USD RBD PALM OLEIN | 1,071.50 | 1,071.50 1,071.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 66.60 | 66.67 65.38 | 0.12 0.18% |
| SUGAR #11 WORLD | 14.05 | 14.10 13.78 | 0.18 1.30% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Monetary Aggregates (M3) - Monthly Profile
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|
× ![]()