Mahaana Islamic Index (ETF) NC Maintains Consistent Trading; No Distributions Noted

Karachi, Mahaana Islamic Index (ETF) NC (MIIETF) traded at a consistent rate of Rs. 11.30 today, with a daily average rate of Rs. 10.97. The fund, which has a size of Rs. 25.000 million, offers no distributions for the current year. The par value is steady at Rs. 10, and the market lot size is 500 units. The ETF peaked today at Rs. 10.11, with the year’s lowest rate being Rs. 9.66.

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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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