Karachi, The HBL Islamic Stock Fund, which had a notable 29.00% distribution in 2022, reported no distributions for the current year as of June 2023. The fund’s offer price stood at 105.78, while the redemption price was recorded at 103.44. This fund has been active since 2011.
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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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