Day: February 16, 2024

UBL Stock Advantage Fund Announces Dividend Increase

Karachi, Ending June, the UBL Stock Advantage Fund, which began operations in 2006, disclosed offer and redemption prices at 98.68 and 95.97 respectively. The fund has reported a significant distribution increase from 4.42% to 5.50%, showcasing a stro…

Asim Textile Mills Ltd Faces Challenges with Negative EPS

Karachi, Asim Textile Mills Ltd (ASTM), engaged in the textile spinning industry, reported a negative earnings per share (EPS) of Rs. (1.94) for the fiscal year 2022/2023. With a paidup capital of Rs. 151.77 million, the company’s daily weighted avera…

NIT Pakistan Gateway ETF Offers 9.342% Distribution in June

Karachi, The NIT Pakistan Gateway ETF (NITGETF) delivered a distribution rate of 9.342% to its shareholders in June. With a trading activity reaching 9000 million rupees, the ETF closed at 15.15 rupees, having a fund size of 55.500 million rupees. The…

NBP Pakistan Growth ETF Distributes 4.80% in June

Karachi, The NBP Pakistan Growth ETF (NBPGETF) announced a distribution of 4.80% for its investors in June, showcasing a consistent performance with a closing rate of 13.69 rupees. The ETF, with a minimal turnover of 4000 million rupees, recorded a hi…

Meezan Pakistan ETF Shows Positive Movement

Karachi, The Meezan Pakistan ETF (MZNPETF) presented an upward trend with a closing rate of 11.17 rupees and a daily weighted average rate of 11.25 rupees. With a fund size of 1126000 million rupees, the ETF achieved a high of 12.75 rupees and a low o…

JS Global Banking Sector ETF Records Significant Trading Activity

Karachi, The JS Global Banking Sector ETF (JSGBETF) marked a notable presence in the market with a today’s rate of 14.46 rupees and a close daily weighted average rate of 14.44 rupees. The ETF, which commenced in December 2023 with a fund size of 3180…

JS Momentum Factor ETF Experiences Robust Turnover in January 2024

Karachi, The JS Momentum Factor ETF (JSMFETF) witnessed strong market activity with a turnover of 3016500 million rupees. The fund, which has a capital of 55.683 million rupees, reported a high of 15.82 rupees and a low of 13.08 rupees for January 202…

Alfalah Consumer Index ETF Sees Varied Performance in January 2024

Karachi, The Alfalah Consumer Index ETF (ACIETF) experienced fluctuating performance in January 2024, with a closing rate of 9.38 rupees against a daily weighted average rate of 41.216 rupees. The fund, with a size of 87000 million rupees, noted a hig…