Business & Finance News

Karachi, The NIT - Islamic Equity Fund reported stable prices with both the offer and redemption prices pegged at 8.81 as of June 2023. The fund distributed Rs 0.50 per unit in 2022 but declared no distributions for 2023. First listed in 2015, the fun...

Karachi, The Lakson Tactical Fund, operational since 2011, noted an offer price of 120.36 and a redemption price of 117.05 as of June 2024. Despite a distribution of Rs 13.2631 per unit in 2022, the fund will not provide dividends for 2024.

Karachi, HBL Income Fund, with a year of listing in 2007, announced a distribution of 5.00% and Rs 5.50 per unit. The fund's offer price stood at 124.02, while the redemption price was 121.95 for the fiscal year ending June 2023.

Karachi, The NBP Pakistan Growth NC ETF (NBPGETF) with a daily rate of 15.76 and a fund size of Rs. 80.310 million has reported a modest annual distribution of 4.80%. The ETF, active since 2020, saw trading activity with a turnover of 52,000, ranging ...

Karachi, United Insurance Co. of Pakistan (UNIC) disclosed an EPS of Rs 10.55 for the first quarter of 2024, the highest among its peers. The company, which began operations in 1960, declared a 45% bonus and a 35% dividend. The stock's trading price w...

Karachi, The Lakson Asset Allocation Developed Markets Fund has adjusted its offer price to 206.4 and redemption price to 200.72 as of June 2024. The fund, which started in 2011, declared distributions of Rs 4.5573 per unit in 2022 and Rs 2.3801 per u...

Karachi, Trust Securities and Brokerage (TSBL) announced an EPS of Rs. 10.11 for the initial quarter of 2024. The firm's trading price stabilized at Rs. 11.00 with a paid-up capital of Rs. 300 million. No dividends have been declared for 2023 or 2024....