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.
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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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