Day: October 26, 2023

IBL Modaraba Maintains Steady Performance for 2023

Karachi, IBL Modaraba 1st (FIBLM) disclosed its financial figures for the year concluding in June 2023. With a closing rate of Rs. 2.15 and a daily weighted average rate of Rs. 2.22, the modaraba holds a paid-up capital of Rs. 216.88 million. No distr…

Punjab Modaraba Maintains Consistency in 2023 Results

Karachi, Punjab Modaraba 1st (FPJM) has shared its financial outcome for the year ending December 2023. The modaraba closed at a rate of Rs. 1.53 on the PSE with a paid-up capital of Rs. 340.20 million. No distributions or bonuses were reported for th…

Golden Arrow Stock Fund Concludes Financial Year

Karachi, Golden Arrow Stock Fund reported an offer price of 14.26 at the end of its financial year in June. No distributions were declared for the years 2021, 2022, and 2023. The fund has been a part of the open-end mutual funds sector since its listi…

U.D.L. Modaraba Declares 11% Distribution with 19% Bonus for 2023

Karachi, U.D.L. Modaraba 1st (FUDLM) released its financial figures for the year ending June 2023. The modaraba closed at a rate of Rs. 5.69, boasting a paid-up capital of Rs. 351.21 million. The company declared an 11% distribution and a 19% bonus fo…

HBL Cash Fund Announces Year-End Figures

Karachi, HBL Cash Fund concluded its financial year in June with an offer price of 101.59. The fund declared a distribution of 7.15% for the year 2021, Rs 5.25 per unit for the year 2022, and Rs 2.039 per unit for the year 2023. The fund has been an a…

HBL Energy Fund Reports Annual Distribution

Karachi, HBL Energy Fund ended its financial year in June, reporting an offer price of 10.75 and a matching redemption price. The fund declared a distribution of 6.00% for the year 2021, while no distributions were reported for the years 2022 and 2023…