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HBL Growth Fund Reports Steady Performance in Pakistan Stock Exchange

Karachi: HBL Growth Fund – (A) NC, listed as HGFA on the Pakistan Stock Exchange, closed at a rate of Rs. 6.85 as of November 10, 2023. The fund, which has its year ending in June, declared a 12% distribution for the period. It has a paid-up capital of Rs. 500 million, and its market lot was recorded on June 7. HGFA, which was listed in 1980, saw its yearly high at Rs. 7.75 and a low at Rs. 3.3, with a turnover of 7,250,000 shares. The daily weighted average rate of the fund was noted at Rs. 1.60**.

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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...