HBL Investment Fund Records Modest Growth

Karachi, The HBL Investment Fund – (A) NC, trading under the symbol HIFA, showcased modest growth in the latest update from the Pakistan Stock Exchange. The fund’s rate today was quoted at Rs. 3.46, closely followed by its daily weighted average rate of Rs. 3.47. HIFA, with a paid-up capital amounting to Rs. 2,841.25 million, announced a 4% distribution for the period ending in June 2023. The market lot for this fund is set at 10, and its previous book closure date was on June 7th. For the year 2022/2023, the fund reported an EPS of Rs. 4.7.

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President Lauds Saudi Envoy for Strengthening Pak-Saudi Ties

Islamabad: President Asif Ali Zardari has appreciated the Saudi Ambassador to Pakistan, Nawaf bin Said Al-Malkiy, for strengthening the longstanding fraternal and strategic ties between Pakistan and Saudi Arabia. He was talking to the Ambassador, who ...