HBL Total Treasury ETF Posts Steady Performance in JunePakistan Oxygen Limited Announces Rights Issue with a Premium

Karachi, (PPI Bot): In the latest financial disclosures to the Pakistan Stock Exchange, the HBL Total Treasury ETF (HBLTETF) maintained a steady Net Asset Value (NAV) per unit of PKR 10.95 as of June, consistent with its price at the beginning of the month. The fund, which did not distribute any dividends this month, reported a 14% tax on income for the period. With a total volume of 500 units traded on July 7th, 2022, the ETF observed a slight decrease in its NAV from PKR 11.48 at the start of the year to PKR 10.05, representing a change reflective of market conditions. The fund’s total traded value stood at PKR 53,109,500.

Karachi, (PPI Bot): Pakistan Oxygen Limited (PAKOXYR) has set the wheels in motion for its rights issue, opening trading of the rights from November 1, 2023. Investors interested in acquiring these rights must act before the last trading day on November 23, 2023. The deadline for renunciation or payment for these rights is set for November 30, 2023. The rights are being issued at a premium of Rs. 44.00, signaling the company’s positive outlook and potential value addition for shareholders.