Pakistan and the International Monetary Fund (IMF) have reached a staff-level agreement on the first review of their stabilization program under Pakistan’s Stand-By Arrangement.This was disclosed in a statement issued by the IMF at the conclusion of d...
Read More »PM reaffirms govt’s enduring commitment to reform efforts agreed with IMF
Prime Minister Anwaar-ul-Haq Kakar has reaffirmed government's enduring commitment to the reform efforts agreed with the IMF aimed at stabilizing the Pakistan's economy.He expressed this resolve while talking to IMF Mission Chief Nathan Porter and IMF...
Read More »AL Habib Income Fund Continues to Deliver Solid Results
Karachi: Since its listing in 2007, the AL Habib Income Fund has consistently delivered solid results. For the year ending in June 2023, the fund showed an offer price of Rs 110.58 and a redemption price of Rs 109.49. It distributed Rs 5.4896 per unit...
Read More »NBP Pakistan Growth ETF and NIT Pakistan Gateway ETF Deliver Returns to Investors
Karachi: The NBP Pakistan Growth ETF, NBPGETF, and the NIT Pakistan Gateway ETF, NITGETF, have delivered returns to investors with distributions of 8% and 9% respectively. NBPGETF has a fund size of 64.074 million Rs. and NITGETF stands at 47.377 mill...
Read More »Alfalah GHP Consumer Index ETF Reflects Steady Performance in Consumer Sector
Karachi: The Alfalah GHP Consumer Index ETF, ACIETF, has maintained a steady performance with a daily weighted average rate of 9.46 Rs., closely following today's rate of 9.54 Rs. With a fund size of 42.913 million Rs., no distributions were reported ...
Read More »Pakistan Capital Market Fund Announces Year-End Performance
Karachi: Active on the PSE since 2004, the Pakistan Capital Market Fund disclosed an offer price of 14.04 and a redemption price of 13.73 for the year ending June 2023. The fund reported a return of Rs 1.85 per unit.
Read More »D.S. Industries Ltd. Records Drop in Earnings Per Share
Karachi: D.S. Industries Ltd. (DSIL) witnessed a decline in its earnings per share (EPS) for the year 2021/2022, reporting a negative EPS of Rs. (0.12). Despite a high turnover of 16,779,500 shares, the company's share rate fluctuated between Rs. 2.74...
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