HBL Investment Fund Announces 4% Distribution for 2023

Karachi, In the latest financial announcement on the Pakistan Stock Exchange (PSE), the HBL Investment Fund (HIFA) reported a closing rate of Rs. 2.97, compared to its daily weighted average rate of Rs. 2.65. With a substantial paid-up capital of Rs. 2,841.25 million, the fund has declared a 4% distribution for the year ending June 2023. Between January and September of 2023, the fund hit a high of Rs. 0.71 and a low of Rs. 13394000. HIFA, which has been listed on the PSE since 2004, carries a par value of Rs. 10 and offers a market lot size of 500. The fund's most recent book closure was noted on 06/07.