Karachi, Jahangir Siddiqui & Co. Ltd. (JSCL) closed at Rs. 15.45, with a daily weighted average rate of Rs. 15.03. The company, with a massive paid-up capital of Rs. 9,159.42 million, declared a 6% interim distribution for 2023, with no distributi...
Read More »NIT Government ETF Demonstrates Strong Performance
Karachi, The NIT Government ETF (NITGETF), active since 2020, demonstrated strong performance in the market. It posted a daily weighted average rate of Rs. 14.90 and a fund size of Rs. 54.760 million. The ETF declared a distribution of 9.342% in June,...
Read More »HBL Total Treasury ETF Demonstrates Solid Growth
Karachi, The HBL Total Treasury ETF (HBLTETF), launched in 2022, has shown solid growth in the debt exchange-traded funds sector. As of December 29, 2023, the ETF recorded a net asset value (NAV) of Rs. 111.40, marginally adjusting to Rs. 111.17. The ...
Read More »Pakistan Income Enhancement Fund Shows Strong Performance
Karachi, Operating since 2009, the Pakistan Income Enhancement Fund showed strong performance. In June, the offer price was Rs. 59.99, and the redemption price was Rs. 58.67. The fund announced a distribution of "Rs 2.75 per unit," indicating robust r...
Read More »TPL Properties Ltd. Records Negative Earnings, Announces Bonus and Cash Distribution
Karachi, TPL Properties Ltd. (TPLP) reported negative earnings with an EPS of Rs. (1.72) for the year ending June 2023. However, the company declared a 60% bonus distribution and an additional 20% cash distribution. TPL Properties, with a paid-up capi...
Read More »K-Electric Ltd Reports Modest Earnings, No Distribution Declared
Karachi, K-Electric Ltd (KEL), with a significant paid-up capital of Rs. 96,653.18 million, reported modest earnings with an EPS of Rs. 0.44 for the fiscal year ending June 2023. The company's daily weighted average rate was Rs. 5.44, marginally highe...
Read More »NIT – Income Fund Delivers Consistent Performance
Karachi, Operational since 2010, the NIT - Income Fund has delivered consistent performance with an offer price of Rs. 11.1 and a redemption price of Rs. 10.99 in June. The fund distributed Rs. 0.55 per unit for 2022 and Rs. 0.5746 per unit for 2023.
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