HBL Total Treasury ETF Maintains Stability in Debt MarketTreet Corporation Limited Announces Rights Issue Details

Karachi, The HBL Total Treasury ETF, trading under the symbol “HBLTETF (07-DEC-23) *,” has showcased a stable presence in the debt exchange-traded funds category of the Pakistan Stock Exchange. With today’s closing rate at Rs. 11.00 and a daily weighted average rate of Rs. 11.01, the ETF reflects consistency in its performance. The fund has a market lot of 500 and reported a high rate of Rs. 11.48 and a low of Rs. 10.05 for the January to November 2023 period. It experienced a significant turnover of 53,109,500. The ETF, which was listed in 2022 and has a distribution of 14%, is scheduled for its next book closure on July 7th, indicating a solid footing in the market for the current financial year.

Karachi, Treet Corporation Limited (TREETR2), listed on the Pakistan Stock Exchange (PSE), has announced the schedule for its rights issue. Trading in the Letter of Rights for the company will begin on November 24, 2023. The last date for trading is set for December 15, 2023, while the last date for payment or renunciation of these rights is December 22, 2023. The rights issue is being offered at a premium of Rs. 3.00.