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Karachi, AL Habib Islamic Cash Fund continued its upward trajectory on the Pakistan Stock Exchange, reporting a stable rate of 103 Pakistani Rupees per unit. With a paid-up capital of millions, the fund maintained its performance consistency, closing the year with a distribution of dividends per unit. Established in 2022, the fund showcased resilience amid market fluctuations, attracting investor confidence. The turnover remained robust, reflecting investor interest in the fund’s stability and growth potential.
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PSX Issues Buy-Back Directive for Three Companies Over Regulatory Non-Compliance
Karachi: The Pakistan Stock Exchange (PSX) has issued a compulsory buy-back directive to the sponsors and majority shareholders of three companies, following their continued failure to comply with specific financial regulations. The companies have bee...
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