Day: February 19, 2024

Meezan Daily Income Fund Maintains Stable Returns

Karachi, Listed in 2021, the Meezan Daily Income Fund has announced an offer price of 50.57 and a redemption price of 50. The fund’s June distributions reflect its commitment to providing daily income to its investors, emphasizing stability in its ret…

Dewan Farooque Spinning Faces Challenges with Negative Earnings

Karachi, Dewan Farooque Spinning recorded a share price of Rs. 4.02, with a daily average of Rs. 4.17. According to information available from the Pakistan Stock Exchange (PSX), the company’s paid-up capital is Rs. 977.51 million. Dewan Farooque Spinn…

Meezan Dedicated Equity Fund Showcases June Performance

Karachi, Operational since 2018, the Meezan Dedicated Equity Fund has disclosed an offer price of 58.02 and a redemption price of 56.12. Announcing its distributions for June, the fund focuses on Shariah-compliant equity investments, targeting growth …

Meezan Energy Fund Announces Financial Figures

Karachi, Since its listing in 2017, the Meezan Energy Fund has revealed an offer price of 48.21 and a redemption price of 46.63. With its June distributions, the fund emphasizes its investment in the energy sector, providing opportunities for investor…

Nadeem Textile Mills Ltd. Faces Severe Loss, EPS at -Rs 27.31

Karachi, Nadeem Textile Mills Ltd. (NATM), a key player in the textile sector since 1995, reported a deep loss with an EPS of -Rs 27.31 for the year ending June 2023. The company did not disclose any high or low trading rates or turnover details, nor …

Meezan Financial Planning Fund of Funds Reports Various Plans

Karachi, The Meezan Financial Planning Fund of Funds, operational since 2013, has disclosed multiple plans with their respective offer and redemption prices. These plans include the Aggressive Allocation Plan, Conservative Allocation Plan, and Moderat…

Meezan Gold Fund Highlights June Performance

Karachi, Listed in 2017, the Meezan Gold Fund has announced an offer price of 157.59 and a redemption price of 152.61. With its June distributions, the fund focuses on gold investments, catering to investors seeking exposure to this precious metal.

Yousaf Weaving Mills Ltd Faces Challenges with Negative EPS

Karachi, Yousaf Weaving Mills Ltd (YOUW), operational since 1989, reported a negative earnings per share (EPS) of (Rs. 0.74) for the year ending June 2022/2023. The company did not announce any dividend, reflecting the challenging financial conditions…

Meezan Islamic Fund Reports Performance Update

Karachi, The Meezan Islamic Fund has disclosed an offer price of 77.5 and a redemption price of 75.78 for June. Focusing on Shariah-compliant investments, the fund caters to investors looking for ethical investment options.