HBL Growth Fund Reports Steady Performance in Pakistan Stock Exchange

Karachi, (PPI Bot): The HBL Growth Fund (HGFA), a close-end mutual fund, has shown a consistent performance in the Pakistan Stock Exchange (PSE). As of November 22, 2023, the fund's rate was PKR 8.71, with a daily weighted average rate of PKR 8.51. The fund, with a paid-up capital of PKR 2,835.00 million, reported a year-end distribution of 12% for June 2021 and 2023. The fund, listed since 1980, had a turnover of 7,250,000 shares, with an EPS (Earnings Per Share) of 1.60 for the fiscal year 2021/2022. The fund's stock traded between a high of PKR 7.75 and a low of PKR 3.3 during the January-October 2023 period.