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HBL Growth Fund Marks Steady Performance on PSE Main Board

Karachi: HBL Growth Fund – (A) NC, a close-end mutual fund listed on the Pakistan Stock Exchange (PSE), closed at Rs. 7.71 on November 15, 2023, slightly above its daily weighted average rate of Rs. 7.73. With a paid-up capital of Rs. 2,835 million, the fund, listed since 1980, announced a 12% distribution for the year ending 2023. The January-October 2023 period saw a high rate of Rs. 7.75 and a turnover of 7,250,000 shares. The fund reported an earnings per share (EPS) of Rs. 1.60 for the fiscal year 2021/2022.

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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...