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HBL Income Fund Announces Pricing and Distributions Details

Karachi, The HBL Income Fund, which has been listed since 2007 on the Pakistan Stock Exchange, reports an offer price of 124.02 and a redemption price of 121.95 as of this June. The fund disclosed a 5.00% distribution rate, with a specific payout of Rs 5.50 per unit. The financial year for the fund concludes in June, with no further distribution details provided for 2024.

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PSX Issues Buy-Back Directive for Three Companies Over Regulatory Non-Compliance

Karachi: The Pakistan Stock Exchange (PSX) has issued a compulsory buy-back directive to the sponsors and majority shareholders of three companies, following their continued failure to comply with specific financial regulations. The companies have bee...

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