Meezan Pakistan ETF Continues Steady Performance

Karachi, The Meezan Pakistan ETF (MZNPETF) continues to perform well with a daily weighted average rate of Rs. 82.808 and today’s rate of Rs. 13.65. Listed in 2020, the fund boasts a size of Rs. 10 million, a par value of Rs. 10, and a market lot of 500. The year-to-date trading saw a high of Rs. 14.1 and a low of Rs. 11.15, with a turnover of 3,879,500 units and an iNAV of Rs. 9.52.

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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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