Rebalancing of Mahaana Islamic Index Exchange Traded Fund Completed

Karachi, The Mahaana Islamic Index Exchange Traded Fund (MIIETF) has successfully concluded its portfolio rebalancing, the company announced today. This follows the initial notification on May 9, 2024, and is in compliance with Section 96 of the Securities Act, 2015, and Clause 5.6.1(a) of the PSX Regulation, along with the stipulations in the Offering Document of MIIETF. The TRE Certificate Holder of the Exchange has been notified of the completion of this activity.

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PSX Issues Buy-Back Directive for Three Companies Over Regulatory Non-Compliance

Karachi: The Pakistan Stock Exchange (PSX) has issued a compulsory buy-back directive to the sponsors and majority shareholders of three companies, following their continued failure to comply with specific financial regulations. The companies have bee...

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