Karachi, Operating since 2002, the Pakistan Income Fund showed solid performance as of December 12, 2023, on the PSE. The fund's offer price was PKR 60.16, and the redemption price was PKR 58.83, with a distribution of "Rs 3.54 per unit" in the recent...
Read More »HBL Government Securities Fund Reports Solid Distribution in 2023
Karachi, The HBL Government Securities Fund, listed in 2010, reported a distribution of 5.60% for the year 2023, with an offer price of 116.18 and a redemption price of 113.62. The fund, which closes its books in June, has continued to deliver stable ...
Read More »Bank Makramah Limited Proposes Two Rights Issues
Karachi, Bank Makramah Limited, previously known as Summit Bank Limited, has proposed two separate rights issues as per the latest information from the Pakistan Stock Exchange. The first rights issue is announced at a rate of 65%, while the second iss...
Read More »Bolan Castings Ltd. Experiences Stable Market Performance
Karachi, Bolan Castings Ltd. (BCL) reported a stable market performance for the fiscal year ending in June 2023. The average trading rate was Rs. 56.99, with the highest and lowest rates being Rs. 56 and Rs. 28.05, respectively. The turnover was 8,575...
Read More »HBL Cash Fund Announces Significant Returns
Karachi, The HBL Cash Fund, identified as the 107th fund, maintained an offer price of PKR 102.74 and a redemption price of PKR 101.59. The fund declared a 7.15% distribution for the year and specific distributions of Rs 5.25 and 2.039 per unit. Closi...
Read More »AKD Islamic Stock Fund Presents Steady Performance
Karachi, The AKD Islamic Stock Fund, operational since 2018, presented a steady performance on the PSE as of December 12, 2023. The fund’s offer price was listed at PKR 56.59, with a redemption price of PKR 54.95, reflecting its stability in the mutua...
Read More »Ghazi Fabrics International Ltd Maintains Moderate Performance
Karachi, Ghazi Fabrics International Ltd, trading as GFIL, reported a 7.5% distribution for 2021, with no distributions in subsequent years. The company's paid-up capital is Rs. 6.14 million. GFIL's EPS for January-November 2023 was Rs. 6.02, with a h...
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