HBL Total Treasury ETF Marks NAV at Rs. 115.5514 on 18 March 2024Habib Sugar Mills Limited Announces Share Buy-Back Through Pakistan Stock Exchange

Karachi, The HBL Total Treasury ETF (HBLTETF), with a net asset value (NAV) of Rs. 115.5514 as of 18 March 2024, continues to be a significant player in the debt exchange-traded funds category. Launched in 2022, the fund has accumulated a paid-up capital of Rs. 555.005 million. The ETF reported a remarkable turnover of 2,611,900 units, with its daily weighted average rate peaking at Rs. 115.55. The high and low rates for the period were noted at Rs. 114.5 and Rs. 111.1, respectively. This performance indicates the fund’s consistent delivery of value to its investors and its solid standing in the market.

Karachi, In a recent disclosure to the Pakistan Stock Exchange (PSE), Habib Sugar Mills Limited has announced the buy-back of its own shares in accordance with Regulation 6(e) of the Listed Companies (Buy-Back of Shares) Regulations, 2019. The company completed the purchase on March 18, 2024, acquiring a total of 161,500 shares at an average price of 73.18 PKR per share. This move is part of the company’s efforts to comply with regulatory requirements and reflects its financial strategies through the Pakistan Stock Exchange Limited.