HBL Growth Fund Announces Solid Performance Amidst Market Fluctuations

Business & Finance

Karachi, HBL Growth Fund, a notable entity in the mutual fund sector under the symbol HGFA, has reported a promising daily weighted average rate of Rs. 2,835.00 for the trading session. The fund, which has a significant paid-up capital of Rs. 500 million, has shown a robust performance with an earnings per share (EPS) of Rs. 9.45 for the fiscal year ending in June 2022/2023. Despite the market's volatility, the fund achieved a high rate of Rs. 7.65 and a low rate of Rs. 9.45, with a turnover of 999,000. Established in 1980, the HBL Growth Fund continues to demonstrate its resilience and growth potential in the Pakistan Stock Exchange (PSE).