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HBL Investment Fund Announces Annual Distribution

Karachi, (PPI Bot): The HBL Investment Fund (HIFA), another close-end mutual fund, has posted an EPS of Rs. 0.86 for the year 2021/2022. Trading at Rs. 3.12 with a daily weighted average of Rs. 3.10, the fund has a paid-up capital of Rs. 2,841.25 million. In June 2021, the fund distributed 4% to its investors. It has a par value of Rs. 500 and had its book closure on 06/07. Listed in 2004, HIFA’s rate has hit a high of Rs. 3.6 in the current year up to November.

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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...