Day: April 22, 2024

Al Meezan Mutual Fund Holds Steady in June Reporting

Karachi, Al Meezan Mutual Fund’s latest financial disclosure reveals an offer price of PKR 26.28 and a redemption price of PKR 25.7 as of this June. Since its 2011 listing, the fund has made no distributions this period.

Reliance Cotton Spinning Reports Strong Performance in Q1

Karachi, Reliance Cotton Spinning (RCML) reported an EPS of Rs. 575 for the first quarter of 2024, declaring a 75% distribution along with a 40% additional. The stock’s high and low were Rs. 2950 and Rs. 81.53 respectively, with a turnover of 2950 uni…

Alfalah GHP Income Funds Release Financial Figures

Karachi, The Alfalah GHP Income Fund and Alfalah GHP Income Multiplier Fund have disclosed their June financials. The Income Fund had an offer price of PKR 136.06 and a redemption price of PKR 134.54, distributing PKR 5.3659 per unit, while the Income…

Saritow Spinning Mills Ltd. Faces Steep Q1 Loss

Karachi, Saritow Spinning Mills Ltd. (SSML) reported a significant first quarter loss of Rs. 14.45 per share. The company did not announce any dividends, trading at Rs. 6.17. The turnover reached 355,500 shares, with a daily weighted average rate of R…

Alfalah GHP Islamic Funds Report on Financial Performance

Karachi, Several Alfalah GHP Islamic funds including the Islamic Fund, Islamic Income Fund, and various Islamic Prosperity Planning Funds reported on their financial performance. Notably, the Islamic Income Fund reported an offer price of PKR 121.5 an…

Alfalah GHP Money Market Fund Pays PKR 5.3241 Per Unit

Karachi, The Alfalah GHP Money Market Fund has announced its June financials, offering an offer price of PKR 101.49 and a redemption price of PKR 100.36, with a distribution of PKR 5.3241 per unit. The fund has been operational since 2010.