Karachi Stock Exchange Closing Rate of MODARABAS Dated 23-12-2015

Company Name                       Turnover   Prv.Rate  Open Rate  Highest     Lowest  Last Rate   Diff.

MODARABAS

ARM        Allied Rent.               2500       27.90    28.00     28.35       28.00    28.35      0.45

ARMR3      Allied Rental(R            5000        4.25     4.23      4.25        4.23     4.24     -0.01

BRR        B.R.R.Guardian              500        7.17     7.30      7.30        7.30     7.30      0.13

CSM        Cres. Stand.Mod          941500        1.75     1.71      1.80        1.71     1.77      0.02

FANM       AL-Noor Modaraba            500        4.00     3.81      3.81        3.81     3.81     -0.19

FECM       Elite Cap.Mod               500        4.01     4.05      4.05        4.05     4.05      0.04

FHAM       Habib Modaraba            34000       10.06    10.40     10.40       10.00    10.00     -0.06

FPJM       Punjab Modaraba             500        5.20     5.30      5.30        5.30     5.30      0.10

FUDLM      U.D.L.Modaraba              500       21.63    21.85     21.85       21.85    21.85      0.22

MODAM      Mod.Al-Mali               10000        3.40     3.00      3.00        3.00     3.00     -0.40

UCAPM      Unicap Modaraba            2000        1.63     1.36      1.36        1.36     1.36     -0.27