Karachi, The UBL Growth & Income Fund, operational since 2006, offers a dual investment approach. Both the Growth and Income Units were priced at Rs. 98.27 for the offer and Rs. 96.63 for the redemption in June, aligning with its strategy to cater...
Read More »Tariq Corporation Ltd. Preference Shares Report Dividend, Karachi
Karachi, Tariq Corporation Ltd. (Preference Shares) (TCORPCPS) closed at Rs. 10.84. The company, with a paid-up capital of Rs. 144.45 million, declared no cash dividends but a 10% bonus for 2023. The EPS for 2022/2023 was Rs. 11.33. These preference s...
Read More »Pak Oman Advantage Asset Allocation Fund Stays Consistent Amid Market Fluctuations
Karachi, The Pak Oman Advantage Asset Allocation Fund, established in 2009, maintained consistent performance despite market fluctuations. As of June, the fund's offer price stood at Rs. 45.58 and redemption price at Rs. 44.33. No distributions were d...
Read More »Mehran Sugar Mills Ltd. Reports Negative EPS, Karachi
Karachi, Mehran Sugar Mills Ltd. (MRNS) closed at Rs. 69.24, maintaining its daily weighted average rate. The company, with a paid-up capital of Rs. 749.28 million, declared a 7.5% dividend and 25% bonus for 2022, and 45% and 10% bonus for 2023. Its h...
Read More »EFU Life Assurance Ltd Reports High Dividend, Karachi
Karachi, EFU Life Assurance Ltd (EFUL) closed at Rs. 195.51, with a daily weighted average rate of Rs. 197.01. The company, holding a paid-up capital of Rs. 1,000 million, declared a 150% dividend for 2022 and 45% interim for 2023. Its high rate was R...
Read More »Jahangir Siddiqui & Co. Ltd Announces Distribution, Karachi
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,...
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