Karachi: The ABL Islamic Income Fund and ABL Islamic Stock Fund, part of Pakistan Stock Exchange's open-end mutual funds, have reported their performance for the year ending in June 2023. The ABL Islamic Income Fund showed an offer price of Rs. 11.13 ...
Read More »Ghani Value Glass Ltd. Posts Strong Financial Performance
Karachi: Ghani Value Glass Ltd. (GVGL) ended the trading session at Rs. 35.94 per share. The company's paid-up capital is substantial, with distributions of 60% in 2021 and 40% in 2022. The market lot remains at 500, with the last book closure on 21/1...
Read More »Suraj Cotton Mills Ltd. Shows Strong Performance on PSE
Karachi: Suraj Cotton Mills Ltd., listed as SURC, closed at Rs. 100.53 as of November 10, 2023. The company, following a June year-end, declared distributions of 100%10%B in 2021, 40% in 2022, and 10%10%B in 2023. SURC, with a paid-up capital of Rs. 5...
Read More »Tri-Star Modaraba 1st Reports High Distributions in 2023
Karachi: Tri-Star Modaraba 1st (FTSM), listed since 1990, closed at Rs. 15.00. The company distributed 6% in 2021 and reported a significant increase to 40% in 2023. FTSM's paid-up capital is Rs. 90 million, and its daily weighted average rate was Rs....
Read More »HBL Islamic Money Market Fund Shows Steady Performance on Pakistan Stock Exchange
Karachi: HBL Islamic Money Market Fund, operational since 2011, reported an offer price of Rs. 102.32 and a redemption price of Rs. 101.17 as of November 10, 2023. This Shariah-compliant fund, with its financial year ending in June, provides a stable ...
Read More »Summit Bank Limited Proposes Rights Issue at 11.2443%
Karachi: Summit Bank Limited has announced a proposed rights issue at the rate of 11.2443%, according to a recent financial disclosure to the Pakistan Stock Exchange. The bank is aiming to strengthen its capital through this rights issue, which will a...
Read More »Al Ameen Islamic Financial Planning Fund III Offers Diverse Investment Plans
Karachi: Al Ameen Islamic Financial Planning Fund III, operational since 2018, offers several investment plans. The Active Allocation Plan XI had an offer price of Rs. 103.36 and a redemption price of Rs. 99.22. The Active Principal Preservation Plan ...
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