AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi, In today’s trading session, the HBL Investment Fund (HIFA), a closedend mutual fund listed on the Pakistan Stock Exchange, declared a 4% distribution for the fiscal year ending in June 2023. The fund’s shares were actively traded, reaching a high of Rs. 4.05 and a low of Rs. 2.31, with the daily weighted average rate recorded at Rs. 2.75. The fund, which commenced operations in 2004, has a paidup capital of Rs. 2,841.25 million and saw a turnover of 8,260,000 shares. This trading activity underscores the investors’ interest in the fund’s performance and future prospects.
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