Day: November 29, 2023

Alhamra Islamic Income Fund Reports Year-End Distributions

Karachi, (PPI Bot): The Alhamra Islamic Income Fund, along with its Type “A” and Type “B” categories, has disclosed its distributions for the year ending June 2023. The main fund’s offer price was PKR 110.41, with Type “A” and Type “B” declaring distr…

Waves Home Appliances Ltd. Experiences Stock Price Stagnation

Karachi, (PPI Bot): Waves Home Appliances Ltd. has reported a negligible increase in its stock price to PKR 7.46 from PKR 7.43. In December, the stock reached a high of PKR 2,678.85, but no returns on equity or cash dividends were declared. The trade …

Askari Islamic Income Fund Announces Distributions

Karachi, The Askari Islamic Income Fund, which began in 2007 and offers both Class B and Class C units, reports a distribution of 5.03% for 2022. According to information available from the Pakistan Stock Exchange (PSX), For Class B units, the fund ha…

Askari Sovereign Yield Enhancer Reports Year-End Performance

Karachi, (PPI Bot): Askari Sovereign Yield Enhancer, operational since 2012, has announced a distribution of 4.19% for the year ending June 2023, amounting to PKR 4.3736 per unit, a shift from the previous year’s PKR 6.4057 per unit. The fund’s offer …

P.I.A.C.L. “A” Faces Downturn with Negative EPS

Karachi, (PPI Bot): P.I.A.C.L. “A” has experienced a slight increase in its stock price from PKR 6.14 to PKR 6.21, as per December financial disclosures. The stock price hit a high of PKR 52,337.61, yet the company reported a significant negative EPS …

Atlas Islamic Dedicated Stock Fund Maintains Status in 2023

Karachi, (PPI Bot): The Atlas Islamic Dedicated Stock Fund, introduced in 2019, reported no distributions for the year ending June 2023. The fund’s offer price was PKR 721.14, maintaining its course in the Islamic dedicated stock fund sector without s…

BMA Chundrigar Road Savings Fund Announces Year-End Performance

Karachi, (PPI Bot): BMA Chundrigar Road Savings Fund, operational since 2007, reported a distribution of 5.46%, amounting to PKR 0.42 per unit, compared to the previous year’s PKR 0.6232 per unit. The fund’s offer price was PKR 8.05, showcasing its st…

Faysal Asset Allocation Fund Reports Distributions

Karachi, (PPI Bot): Faysal Asset Allocation Fund, active since 2007, announced a year-end distribution of 3.50% for June 2023. The fund’s offer price was recorded at PKR 81.77, reflecting its approach in asset allocation and its ability to generate re…