Business & Finance News

Karachi, The Lakson Money Market Fund disclosed a decrease in distributions for the year ending June, offering an annual distribution of Rs 5.1947 per unit compared to 6.78% previously. The offer price stood at Rs 105.23, with a redemption price of Rs...

Karachi, The Pakistan Income Enhancement Fund maintained a relatively steady distribution, reporting Rs. 2.7329 per unit in 2024 compared to Rs. 2.75 per unit previously. The fund's offer price decreased from 59.99 to 58.67. It has been active since 2...

Karachi, The latest financial announcements for the JS Islamic Hybrid Fund of Funds series reveal a continued pattern of zero offer and redemption prices for several plans within the series as of June 2023. This encompasses the JS Islamic Hybrid Fund ...

Karachi, BankIslami Pakistan Limited has announced a book closure for its Ehad Sukuk II (BIPLSC2) regarding the upcoming monthly profit payment. The notice has been published in "The Nation" in English and "Daily Nawa-i-Waqt" in Urdu, both on April 19...

Karachi, The HBL Multi Asset Fund reported a 4.00% distribution in 2022 but declared no distributions for the current year ending June 2023. The fund, listed in 2008, showed an offer price of 118.87 and a redemption price of 116.24.

Karachi, The HBL Income Fund, established in 2007, has revealed its yearly performance with an offer price of PKR 124.02 and a redemption price of PKR 121.95. For 2023, the fund declared a distribution of 5.00% and paid out PKR 5.50 per unit.

Karachi, Zephyr Textiles Ltd. (ZTL), which joined the PSE in 2005, today announced a 5% dividend and reported an EPS of Rs. 11.5 for the January-March 2024 quarter. The company's paid-up capital is Rs. 594.29 million. The stock was traded at Rs. 12.25...