PSX resumes trading of FRR, VRR GIS with new profit rates
MG News | December 27, 2024 at 01:20 PM GMT+05:00
December 27, 2024 (MLN): Pakistan Stock Exchange (PSX) has announced today that trading in the 3- and 5-year Fixed Rental Rate (FRR) and Variable Rental Rate (VRR) instrument issued on June 28, 2024 , will resume on December 30, 2024.
The local bourse issued a notice today referring to a notice dated June 28, 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 June 28,2024 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 24-Dec-24 | Spread % as per 27-Jun-24 Auction | Net Profit Rate % applicable from 28-Dec-24 till 28- Jun-25 |
|---|---|---|---|---|---|
| P03VRR280627 | 3 Year Variable Rental Rate – Maturity Date 28-Jun-27 | 19.6427 | 11.8901 | - 0.30 | 11.5901 |
| P05VRR280629 | 5 Year Variable Rental Rate – Maturity Date 28-Jun-29 | 19.6327 | 11.8901 | - 0.31 | 11.5801 |
Copyright Mettis Link News
Related News
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 185,578.30 41.84M | 0.28% 516.19 |
| ALLSHR | 110,540.14 112.40M | 0.27% 298.70 |
| KSE30 | 57,206.57 27.37M | 0.22% 126.53 |
| KMI30 | 262,019.37 19.33M | 0.51% 1318.22 |
| KMIALLSHR | 70,944.78 42.82M | 0.40% 280.18 |
| BKTi | 54,349.84 13.38M | -0.25% -135.71 |
| OGTi | 35,977.60 3.01M | 0.32% 114.12 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 92,985.00 | 94,190.00 92,495.00 | 190.00 0.20% |
| BRENT CRUDE | 60.03 | 60.40 60.00 | -0.67 -1.10% |
| RICHARDS BAY COAL MONTHLY | 86.75 | 0.00 0.00 | 0.75 0.87% |
| ROTTERDAM COAL MONTHLY | 99.50 | 99.50 98.00 | 1.65 1.69% |
| USD RBD PALM OLEIN | 1,027.50 | 1,027.50 1,027.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 56.27 | 57.09 55.76 | -0.86 -1.51% |
| SUGAR #11 WORLD | 14.76 | 14.83 14.62 | 0.03 0.20% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|
Savings Mobilized by National Savings Schemes