Day: April 29, 2024

AKD Islamic Income Fund Closes Year with Stable Prices

Karachi, AKD Islamic Income Fund ended the year with an offer price of Rs 56.14 and a redemption price of Rs 55.59. Like several other funds, no distributions were declared for the year. The fund has been listed since 2018.

AKD Islamic Stock Fund Announces Year-End Prices

Karachi, Ending the year, the AKD Islamic Stock Fund announced an offer price of Rs 58.32 and a redemption price of Rs 56.62. The fund provided no distributions for the current year and has been listed since 2018.

The Bank of Khyber Reports Modest Gains and Dividend Declarations

Peshawar, The Bank of Khyber (BOK), which operates under the XB NC symbol on the Pakistan Stock Exchange, has declared a dividend of 15% and a bonus of 5% for the year ending December 2023. With an EPS of Rs 0.41 for the first quarter of 2024, up from…

AKD Opportunity Fund Declares Significant Yearly Growth

Karachi, The AKD Opportunity Fund posted substantial growth with an offer price of Rs 111.34 and a redemption price of Rs 108.1, marking a distribution rate of 26.00% for the year. The fund has been operational since 2006 with no distributions noted f…

AL Habib Cash Fund Sees Slight Dip in Offer Price

Lahore, The AL Habib Cash Fund experienced a minor decline in its offer price, settling at 103.87, while its redemption price remained at 101.83. The fund announced distributions of Rs 6.50 per unit for the year ending in June, slightly lower than the…

MCB Bank Ltd. Posts Strong Financial Performance in Q1 FY 2024

Karachi, MCB Bank Ltd. (MCB) announced robust financial results for the first quarter of the fiscal year 2024. With an EPS of Rs. 27.63, the bank showcased impressive profitability, reflecting efficient management and strategic initiatives. The bank’s…