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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President Lauds Saudi Envoy for Strengthening Pak-Saudi Ties

Islamabad: President Asif Ali Zardari has appreciated the Saudi Ambassador to Pakistan, Nawaf bin Said Al-Malkiy, for strengthening the longstanding fraternal and strategic ties between Pakistan and Saudi Arabia. He was talking to the Ambassador, who ...