HBL Investment Fund Posts Distribution, Active on the Market

Karachi, HBL Investment Fund, symbolized as HIFA, reported a 4% distribution for its June year end. The fund’s today’s rate was noted at Rs. 2.96, while the daily weighted average rate was Rs. 2.98. Holding a paidup capital of Rs. 2,841.25 million and listed in 2004, the fund had a high rate of Rs. 4.05 and a low rate of Rs. 2.31 with a turnover of 8,260,000, indicating vibrant market activity and solid performance in the preceding years.