Breaking News

Faysal Money Market Fund Announces 6.95% Distribution for 2023

Karachi: Today’s update from the Pakistan Stock Exchange included financials for the Faysal Money Market Fund, part of the market since 2011. The fund reported an offer price of Rs. 111.96 and a redemption price of Rs. 109.49, with a year-end in June 2023. Investors benefited from a 6.95% distribution and a declaration of Rs 5.04 per unit for the previous book closure, showcasing the fund’s stable performance.

Check Also

Aurangzeb Engages with U.S. Development Finance Corporation for Enhanced Sectoral Projects

Islamabad: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, engaged with representatives of the U.S. International Development Finance Corporation in Washington, D.C. This meeting aimed to seek expedited support for priority priva...