Day: November 3, 2023

NBP Islamic Stock Fund Delivers Strong Annual Performance

Karachi: The NBP Islamic Stock Fund, with a listing year of 2014, reported a distribution of 21.10% for the fiscal year ending in June 2023. It was noted with an offer price of Rs 13.34 and a redemption price of Rs 12.9, continuing its performance tre…

NBP Mahana Amdani Fund Declares Distribution and Earnings Per Unit

Karachi: The NBP Mahana Amdani Fund offered investors a distribution of 7.97% along with earnings of Rs 0.5519 per unit for the year ending June 2023. The fund, which has been active since 2009, recorded an offer price of Rs 11.13 and a redemption pri…

Pakistan International Bulk Terminal Ltd. Sees No Dividend in 2023

Karachi: Pakistan International Bulk Terminal Ltd. (PIBTL) concluded trading at Rs. 4.81 with a daily weighted average rate of Rs. 4.88. The company has a paid-up capital of Rs. 17,860.93 million and has declared no dividend for the year ending in Jun…

NBP Money Market Fund Announces Distribution and Earnings

Karachi: With a distribution of 6.27% and earnings of Rs 0.5531 per unit, the NBP Money Market Fund ended the year in June 2023 on a positive note. The fund, listed in 2012, showed an offer price of Rs 10.15 and a redemption price of Rs 10.04.

NBP Mustahkam Fund Concludes Year without Distributions

Karachi: The NBP Mustahkam Fund reported no distributions for its fiscal year ending June 2023. This fund, which began in 2022, has not presented its offer and redemption prices as part of this financial disclosure.

Avanceon Limited Declares 15% Bonus Shares in 2023

Karachi: Avanceon Limited (AVN) shares saw a closing rate of Rs. 53.36 and a daily weighted average of Rs. 52.97. The company’s paid-up capital stands at Rs. 3,762.98 million. AVN declared 15% in bonus shares for December 2023, down from 35% in bonus …

New NBP Fixed Term Plans End Year with Stable Redemption Prices

Karachi: The NBP Mustahkam Fund – 1 launched two new fixed-term plans in its inaugural year, with NBP Fixed Term Munafa Plan – I and III both ending the fiscal year without distributions. Plan – I reported a redemption price of Rs 10.4, and Plan – III…

Hum Network Ltd. Declares 20% Bonus Shares for 2023

Karachi: Hum Network Ltd. (HUMNL) closed its trading session at Rs. 5.89, which was also its daily weighted average rate. With a paid-up capital of Rs. 1,134.00 million, HUMNL announced a 20% bonus dividend for June 2023, a decrease from a 35% cash di…

NBP Riba Free Savings Fund Announces Annual Earnings

Karachi: The NBP Riba Free Savings Fund reported annual distributions of 5.77% alongside earnings of Rs 0.5334 per unit for the year ending in June 2023. The fund, launched in 2010, showed an offer price of Rs 11.14 and a redemption price of Rs 11.01,…